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How Can I Protect My Business Against Fraud?

Businesses are often the target of fraudsters, however, there are a number of things that they can do to protect themselves. By taking these precautions, you can help protect your business from fraud. Protect Bank Accounts Businesses can protect their bank accounts from fraud by taking a few simple precautions. Businesses should set up strong…
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What Are Common Mistakes in Drafting a Business Contract?

In order to do business, you need to have contracts in place. What happens if those contracts are written improperly? This can lead to all sorts of problems down the road, so it is important to draft your contracts carefully with a lawyer. Here are some of the most common mistakes people make when drafting…
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How Is Business Ownership Transferred in Maryland?

To transfer business ownership to another person in Maryland, you must first determine the appropriate type of transfer that is best suited for your situation. You have several options, each with their own pros and cons. While a business sale may be the most common option, it is not the only one. One option is…
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Should I Have an Attorney Draft a Business Contract?

Although it is not required to have an attorney draft all business contracts, hiring an attorney for your contract needs is a wise decision. There are many benefits to having an experienced attorney help you avoid the common pitfalls of self-written form contracts you might find online. Identity Potential Liability Issues There are several kinds…
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When Should I Hire a Lawyer for My New Business?

As an entrepreneur, you may wonder if hiring a lawyer is wise. You will wear many hats as a business owner, but ultimately, it is impossible to do it all. Doing everything to run a business takes your focus and time away from your primary business goals and may even slow your business’ growth. You…
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Can a Lawyer Help Me Negotiate a Severance Package?

If you have been offered a severance package that you do not think is fair, speak with an experienced lawyer who knows the ins and outs of business law. Employers often make a first offer that is low on financial compensation and benefits, so it is never a good idea to accept the initial severance…
