Category Archives: Contracts
Parties typically believe that their letter of intent is not a legally enforceable agreement. Instead, they consider the letter to be merely a summary of the major terms of the transaction which are then to be included in a full, and often lengthy, contract which is signed by both parties. Problems arise with letters of intent where the LOI itself contains provisions stating that the parties agree to one thing or another.
Also view show at: https://bottledbusinesssenseshow.com/bottled-business-sense-show/
WFB Legal Consulting–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group
Standard Operating Procedures in Your Business
Using operating procedures that standardize and facilitate employee conduct, not only creates growth and prosperity for an employer’s business, but in many instances is mandated by state law. Creating a methodology to implement these operating procedures is critical and must be habitual in nature to insure success.
Learn what Bill, Rick and Steve believe to be the best course of action to accomplish this goal.
Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222
Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182
Have you previously written purchase agreements? What red flags should you be aware of? How much should you charge for your services? Is there an active lease agreement? What’s important to the Buyer v. the Seller? These are just some of the important issues to be aware of when considering a business purchase. Join us to discuss these issues and more, on this week’s Bottled Business Sense Show.
Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222
Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182
The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.
In order to protect yourself from transactions which occur during the course of your business, every contract you enter into on behalf of your business should be in writing in order to cement the terms of the contract in a form that is less susceptible to dispute. In this show, Bill and Rick discuss how you can be more assured of what you bargained for and therefore make yourself less likely to expose your assets to loss, should a “contrived” dispute arise.
Sponsor:
Rick Reigle
Edward Jones
949.249.8248
30110 Crowne Valley Pkwy
Suite #104
Laguna Hills, CA
In order to uphold a covenant not to compete, a contract for sale of a business may not circumvent California’s deeply rooted public policy favoring open competition. Otherwise, the non-compete agreement is void. In this show, Bill and Rick discuss the requirement that there be a clear indication that in the sales transaction the parties value or consider goodwill as a component of the sales price, as well as the fact that a covenant not to compete be reasonable in terms of time, activity and territory covered. Likewise, the discussion will distinguish the viability of agreements involving the taking of proprietary material, or “trade secrets,” versus a non-compete agreement.
