Navigating Common Business Law Issues

In the dynamic world of business, entrepreneurs and business owners are often confronted with a variety of legal challenges that can impede their growth and success. From dealing with non-paying clients to managing vendor agreements, hiring employees, adding business partners, and resolving partnership disputes, these issues can be complex and daunting. This course is designed to discuss practical solutions to these common business law problems.

Through real-world examples, interactive discussions, and experienced insights, Mr. Herd will discuss the following:

• Ensuring Payment from Clients: Learn strategies to handle non-paying clients, including contract best practices and legal recourse options to secure timely payments.

• Optimizing Vendor Agreements: Understand how to draft, negotiate, and enforce vendor agreements to ensure reliable supply chains and favorable terms, while addressing performance issues and compliance requirements.

• Hiring Employees Legally: Gain knowledge on the legal aspects of hiring employees, including employment contracts, compliance with labor laws, and severance agreements to avoid potential disputes and liabilities.

• Adding Business Partners: Explore the legal considerations when adding business partners, from drafting partnership agreements to understanding the implications for business operations and governance.

• Resolving Partnership Disputes: Learn effective methods for resolving partnership disputes, including planning exit strategies, resolving deadlocks, and mediation and arbitration options to protect business interests and maintain professional relationships.

Learning Objectives:

1. Identify and implement strategies to ensure timely payment from clients, minimizing financial disruptions
2. Draft and negotiate robust vendor agreements that protect business interests and ensure compliance
3. Navigate the complexities of hiring employees, ensuring legal compliance, and minimizing disputes
4. Review the legal implications and best practices for adding business partners to enhance business growth
5. Develop effective dispute resolution strategies to manage and resolve partnership conflicts amicably and legally