As a business owner, you are worried about your intellectual property. You’re afraid that employees at your company may compromise the security of this information. You may believe that employees will switch to the competition, taking company secrets with them. You...
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Year: 2023
Material vendors can file a property lien over non-payment
Civil laws in Texas help protect the rights of businesses under a variety of circumstances. Companies seeking to be competitive in service of others’ operations often have to get creative about how they approach their business models. Additionally, they need to work...
Does your company’s accountant have a conflict of interest?
If your accountant has a conflict of interest, it could cost your company a lot of money. When you hire someone, either bringing in a firm to work alongside your business or hiring a professional directly, you expect them to work with your best interests in mind. When...
What is a nondisclosure agreement in an employment contract?
As an employer, protecting your business's intellectual property, trade secrets and proprietary information is critical. One essential tool that you can use to your advantage is a nondisclosure clause in your employment contracts. A nondisclosure clause, often called...
When vendors don’t deliver what they promise
Most business owners and executives are eager to lock in agreements with companies that provide their raw materials or retail goods. Yet, despite making an agreement more enforceable, a vendor contract is not an absolutely guarantee that another business will follow...
How do businesses build a viable trade secrets infringement case?
Trade secrets are arguably the most confusing of all types of business-related intellectual property. Unlike a trademark, which a company can register, or creative works, which will have a clear publication date and an option for copyright protection, trade secrets...
2 ways a franchise company may fail entrepreneurs
Entrepreneurs who want to run a successful company but perhaps do not have any hands-on business experience may choose to buy into a franchise as a means of running an enterprise while reducing some of the risks that come with the startup process. People think of...
3 Texas payday laws all companies should know
Employers in Texas must ensure that they pay their employees in accordance with state laws and federal laws. This can be a complex process, but making sure employees are paid properly can help to keep employee morale up. It can also keep the company out of legal...
Are handshake deals enforceable in Texas?
A handshake deal is just another word for a verbal agreement. Two business professionals discuss how they can work together and, rather than drafting a contract, they just shake hands and agree to move forward with their plan. Many people use handshake deals because...
2 kinds of insurance that may help after a professional’s failure
Businesses that hire specialists or outsource components of key projects put a lot of trust in professionals. Whether a company pays contractors to fix an addition onto their office building or hires an accountant to manage their tax filings, there is an expectation...