Business Law Archives

Understanding and Protecting Your Business from Standard Contract Terms

Whether for the purchase of a business, equipment, or real estate, most contracts contain standard terms, often referred to as boilerplate. Even though the terms may be standard, there are often subtle differences in the wording that can have significant consequences down the road. More importantly, even though terms may be typical in a business or real estate contract, they may be contrary to your business' interests in a particular transaction.

Handling Outside Sales Commissions and Termination of Employment

Companies often use outside sales representatives to sell their products or services. These sales representatives can be employees or independent contractors. They are paid on commission, which rewards them financially based on what they sell. Working on commission can be a great way to set one's own schedule while having financial reward tied to performance. Using outside sales representatives is a great model for businesses as well - a business can reach many clients face-to-face and create a more personalized relationship with the business's customer base.

Is it time to sell my business?

Starting and growing a business is like having that extra child-it's a lot of work and you pour yourself into it; if you're lucky you create something that can thrive on its own without you. Just like letting go of the reins with your kids, opportunities present themselves to do that with your business.

Five Things to Consider When Responding to a BOLI Complaint

The Oregon Bureau of Labor and Industries (BOLI) responds to complaints filed by employees against their employers. Allegations range from failing to pay the correct amount in the employee's final paycheck to retaliation for filing a workers' compensation claim or for taking family medical leave allowed by law.

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