Category: Business

What is an LLC?

Many entrepreneurs choose a Limited Liability Company (LLC) for their business structure due to its flexibility. In this post, we define what an LLC is and how it works.

/ October 18, 2018
what does indemnity mean

What Does Indemnity Mean?

If you’ve signed a contract, chances are you’ve seen an indemnity clause. But what does indemnity actually mean? In this post, we explain the definition of indemnification and give examples of its use in contracts.

/ October 4, 2018
Woman-signing-a-contract

The Elements of a Valid Contract

A valid contract requires several elements to be formed. In this post, we prepare you to sign your next contract by unpacking what a contract is and how it is formed.

/ October 2, 2018
What does incorporated mean

What Does “Incorporated” Mean in Business?

Incorporating a business means that the business owners (shareholders) can enjoy different benefits, including a reduction in personal liability. Find out more about Incorporation in this post.

/ September 20, 2018
business-man-signing-a-contract

What Does “Effective Date” Mean in a Contract?

A contract can come into effect on a different day than the day it was signed. Learn more about effective dates in contracts and how they could impact you in this post.

/ September 11, 2018
3 Things You Can't Add to a Non-Compete

3 Things You Can’t Include in a Non-Compete Agreement

Non-compete agreements are often used in business to help prevent confidential information from being used for competitive purposes if an employee leaves the company. However, there are certain things you can’t include in a Non-Compete Agreement. Learn more in this...

/ August 16, 2018