Your small business in Kentucky may have seen considerable financial success over time and you may be wondering what the next step is to grow your business as you move into the future. One option that may be worth considering is incorporating your business. The...
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Business Law
Legal options for breach of contract
A contract is essentially the framework upon which a business operates, whether it is between partners or contractors, for purchase or sale, lease or employment. A good contract pertains to the specific needs of the business and is legally enforceable, which ensures...
Why do you need a business contract?
A business contract is perhaps the most important document a business owner needs to run his business. A contract is a promise that is enforceable by law. Making sure the contract is enforceable and has the specific elements that have relevance to your business will...
Understanding the mechanics of a buy-sell agreement in Kentucky
When two Kentucky entrepreneurs decide to join forces and create a business, they are usually filled with optimism and rarely do they give much thought to the problems their business may face as time passes. Business downturns probably receive as much or more...
Minor versus material breaches of contract
Business contracts form the backbone of any organization’s daily operations. From employment contracts to vendor agreements, owners and supervisors alike rely on various contracts to ensure the business runs as intended. Unfortunately, when the terms of a contract are...
Choosing the right legal structure for your business
Starting a business in Kentucky is an exciting time filled with many important decisions to make. One of the most important decisions you need to make early on is which legal structure or entity to choose. The right legal structure will depend entirely on the...