What do you do if you're sued for negligence or worse? Last visit, Matt showed us how to prove damages and lost income when it's someone else's fault, and in this visit, he talks with Jim about what to do if you're the defendant.
When a breach of contract occurs, how does a small business prove damages? Matt joins Jim to explain how to create a scenario that shows the cause-and-effect influence of a breach or default, and what it cost the plaintiff.
When a small business owner has to go to court, how does he or she connect with a trial lawyer to represent them? Matt and Jim talk about the most likely process, which could include starting with the generalist attorney they've been working with.
The term "jointly and severally" is one that every adult should be familiar with, but especially those in business, and Matt talks with Jim about what it means, how you can be affected by it, and how to minimize any negative impact it might cause you.
Matt talks with Jim about the development and use of non-compete agreements to have your employees sign and for you to enforce.
Matt joins Jim to continue their series on certain elements of contracts small businesses enter into. Today's discussion is about what is called the "confession of judgment" clause. Listen to what Matt has to say about this contractual element and what you should, and can, do about it.
Matt joins Jim to continue his advice about how to manage business contracts, especially those from larger organizations. This visit includes how to deal with what is called the "integration clause." Listen in to find out about this important contact information.
Matt and Jim continue their series on contracts and small business. Matt introduces the concept of "unconscionability," which is -- well, you'll have to listen to find out about this important leverage a small business can have against a big business contract.
Matt and Jim discuss how to deal with bullying language in a contract you receive from another - perhaps larger-company. They go on to discuss how small businesses could be impacted by the RICO Act, which largely involves being charged with fraud. They talk about how you could be a victim of RICO or be charged with something under the Act.
Matt and Jim take up the recent eminent domain case of Kelo V New London and discuss how this ruling will actually impact small business owners in their states.