The Other Developer Agreement Developer Agreements can come in different flavors. The more familiar Developer Agreement is when a software developer codes your idea and bring to life. But before that, you might need the ‘other’ Developer Agreement. In this second...
Ditch the Dinosaur Contracts It may be time to ditch the dinosaur contracts in your business. Most businesses have at least one dinosaur contract in their midst, some have several. The one contract for goods or services nobody wants to bid out, investigate...
Contract Terminations and Amendments Contract termination or amendment needs can arise from the same circumstances, usually driven by one or more changes. The need to terminate or alter an existing agreement can often hail from external forces, beyond the business...
An annual business checkup by an experienced business attorney can help you keep your business healthy. When a business first opens, the owners focus on what all needs to be done just to open the doors. Without any actual history, many items regarding the initial...
Where to start when selling your business? The first thing to determine when you’re selling your business is its true value. A fair market value should include the value of equipment, name recognition, on-going sales contracts, just to name a few. Each industry will...
S-Corp An “S-Corp” is a ‘tax election’, not a ‘legal designation’. “S-Corp” designation means that the underlying business has “elected” to be taxed under Subchapter S of Chapter 1 of the IRS code. Persons wanting to “set up an S-Corp”, need to know it is a two-part...
Cancelling a licensing agreement is a serious matter. It often has very little to do with whether you’re happy with what the software or equipment has done for you over the term of the license. Whether the licensing agreement can be cancelled depends on several...
There are certainly no signs that technology plans to slow down. It continues to be highly prized and embraced by both consumers and businesses. Because consumers expect to save time and have a pleasant experience that meets all of their needs, businesses must...
Contract negotiation shouldn’t be something feared by businesses. Instead, it could be viewed as an opportunity to create a business scenario where the parties involved are treated in a fair manner while also building on what hopefully becomes a long-standing,...
It is said that breaking up is hard to do. In the business world, breaking up a relationship often requires a contract termination. While contracts serve a necessary legal purpose, they can cause confusion if the time comes to end a professional working relationship...
There are times when parties enter into a contract and the terms and conditions are acceptable to both for the entire term of the contract. Yet, there are also times when something in the contract needs to be changed. This is often done by contract amendments. In this...
System Agreement Basics: Software as a Service (SaaS) Software as a service (SaaS) is a commonly used system agreement. SaaS involves the use of software created and provided to meet specific needs of an organization that adopts it. Although it is software, it is also...