If your business in Georgia has a trade secret, a leak could threaten your entire company. Fortunately, federal laws offer protection for trade secrets under certain conditions. It's important to establish that your idea or method is a trade secret in the first...
What are duration and scope in an NDA?
It is not uncommon for companies to make employees sign non-competition agreements as a requisite part of hiring paperwork. Non-competition agreements, or NDAs, are an interesting aspect of contract law since they do not go into effect until after the employee has...
What are possible solutions to operational partner disputes?
Business partnerships may distribute responsibilities between partners in different ways. Sometimes partners have equal responsibility for managing the business while in other arrangements the partners take on different tasks. So, if you feel your partner is not...
What are the types of product defect cases?
Defective products are a risk to consumers, which is why there are legal repercussions for manufacturers that leave such products on the market. If you suffer harm from a defective product, you have the right to seek legal compensation because it is the manufacturer's...
What to know about failure to warn cases
Sometimes people are not aware of possible dangers that could arise from using a product. This is why manufacturers have a responsibility to include instructions to guide the user to help avoid injury. If a manufacturer fails to provide adequate warning along with the...
What does succession planning look like for small businesses?
When Georgian business owners work on a plan, succession matters are not always first. After all, many plan to run their business for as long as possible. In reality, succession planning should happen as early as possible. Why is that? We will answer that question...
What you need to know about trade secrets
Trade Secrets and Intellectual Property Your trade secrets are intellectual property. According to U.S. law, a trade secret is a device, idea, process, formula or pattern that provides you with a competitive advantage in your industry. As a business owner and the...
How can people confuse trademarks?
Many businesses use trademarks to help distinguish themselves from competitors in the marketplace. Should another party infringe on your trademark, you might have to litigate them to stop the infringement. But if you want to protect your trademark, you want people to...
What do you know about a buy-sell agreement?
Going into business with a partner can lighten the load and potentially make your Georgia-based business a bigger success. That said, you need to protect yourself and the investment of time, money and energy you put into the business with a buy-sell agreement. Such an...
How should I “break up” with my business partner?
Business partnerships can experience ups and downs like any other relationship. At some point, you may even believe it necessary to dissolve your partnership, which can cause quite a bit of stress and headache. Fortunately, much of this fallout can be avoided if you...
