Tag Archives: BL

Using Negative Incentives in Outsourcing Agreements to Drive Performance

It’s increasingly necessary to use negative, compensation-reducing mechanisms to prevent vendors from intentional or negligent breach of contract that may damage your company or brand. This is particularly true in international business or contracting for foreign outsourcing services. In foreign … Continue reading

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Beware Finder’s Fees & Unlicensed Business Brokers

If you’re an entrepreneur or startup business seeking investor financing, the sense of urgency and desire to secure angel investor funding can sometimes lead to mistakes with serious consequences. Paying a “finder’s fee” or other type of benefit to an … Continue reading

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Financial Issues for Choosing a Business Entity & Incorporation: Beyond the Basics

The average entrepreneur or business startup is aware of general differences between LLCs and corporations.  When choosing a business entity type, most startups decide the LLC vs corporation question based on general business tax issues and considerations of corporate formalities.  … Continue reading

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IRS Employee Reclassification: Independent Contractor vs Employee

Small businesses often prefer to hire workers as independent contractors, rather than as employees, in order to avoid payroll taxes, benefits, and other related burdens. This is a perfectly acceptable practice, unless the worker would be considered an “employee” in … Continue reading

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Business Buyout & Earn-Out Agreements for Buying or Selling a Business

If you are buying or selling a business in Texas, an earn-out agreement can be a useful part of your company acquisition, business partner buyout, company merger, or other business acquisition contract. An earn-out agreement can provide a potentially higher … Continue reading

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