If you're starting a new business, it's important to take the right preparatory steps to protect yourself and prevent legal trouble down the road. In today's post, we discuss three key legal protections that any entrepreneur should have:
We’ve talked in previous articles about the practical benefits of getting a prenuptial agreement before entering into marriage. A matrimonial partnership and a business partnership have more in common than you might think. You may enter into both partnerships full of optimism, expecting them to last forever. And in both cases, it helps to iron out conflict-raising practicalities ahead of time.
Former customers at a string of New York City-based Applebee’s restaurants are suing over a forced tipping system, which the plaintiffs argue should be voluntary. At the restaurants in question, customers pay using an at-table, digital payment system, which forces customers to pay a minimum tip of 15–18 percent (based on the restaurant)—with neither an opt-out option nor an opportunity to designate a smaller amount.
One of the many tools that business owners may use to protect themselves from legal disputes is a non-compete agreement. These agreements allow an employer to restrict employees from leaving their company to work for a competitor.
Running a business is demanding and complicated; legal disputes only make things more difficult. This is why it is crucial to take steps to prevent them if you own a business here in North Carolina.