An employee handbook is an important part of making sure your small business runs smoothly. Once you start to bring on employees, an employee handbook should be drafted, maintained, and updated to reflect your current policies as well as those required by law. When reviewing an employee handbook for a small business client, I often see provisions included that, although are mandated by law, are not applicable Read More
Vendor Contracts – What Are They and Do You Need Them?
A vendor contract is simply a contract between you and one of your vendors. It is always a good idea to have all contracts in writing, for your protection, including these agreements. What is a vendor? First, it is good to understand what a vendor is: A person or company that sells goods or services to your company. This could be a supply of raw materials you use in your business or your coffee supplier. Why Read More
General Partnership Agreement Terms
A general partnership is a flexible form of business entity, however, as discussed in my blog post about general partnerships, it does not afford much protection from liabilities. In order to make the best of your general partnership, if that's the business entity that you are forming, you should have a written general partnership agreement. This agreement should memorialize, in detail, various terms of your Read More