Contracts Archives | Law 4 Small Business, P.C. (L4SB)

The Rise of the Gig Economy

January 21, 2020 / by Kameron Kramer / Business Tips, Contracts / 0 comments

Uber and Lyft have changed the face of traditional transportation systems, making it easier for people to hop a ride almost anywhere and, in some cases, live without owning a car. The growth of Lyft and Uber has coincided with the rise of the gig economy, which focuses on hiring independent contractors and freelancers instead […]

Co-working Agreements

November 12, 2019 / by Kameron Kramer / Business Tips, Contracts, Partnership, Resolving Disputes / 0 comments

These days, flexibility is the name of the game when it comes to working in a wide range of industries. Inspired by companies like Impact Hub and WeWork, entrepreneurs and building owners (or even tenants) with extra space are looking to cash in on the co-working space movement. While entering the shared space industry involves […]

Liquidated Damages in a Credit Card Processing Agreement

October 21, 2019 / by administrator / Business Tips, Contracts / 0 comments

Law 4 Small Business is pleased to feature our guest blog writer, Gingergaye Hollowell. The Most Costly of Termination Fees Period! When you choose a credit card processor, you will be asked to sign a merchant services agreement that includes a commitment of between three and five years. In some cases, breaking a merchant services […]

Terms & Conditions for your Website

September 18, 2019 / by Kameron Kramer / Contracts, Small Business, Tech Law / 0 comments

These days, creating a website is easier than ever with website building platforms like WordPress and Wix. For business owners, a professional, enticing, and functional website is crucial for attracting and retaining clientele. But apart from the creative content that draws in customers (think: product descriptions, company bio, and images), websites should also include terms […]

The Liquidated Damages Clause

September 5, 2019 / by Sabrina Hernandez / Contracts / 0 comments

When, as a first-year law student, I learned about liquidated damages clauses in my contracts class, I thought they sounded like a magical tool that would prevent anyone from ever getting stiffed in a deal. And to a certain degree, liquidated damages clauses do provide a measure of security. They certainly can be a useful […]

#5- Breach of Contract- Part 2: The Most Common Lawsuits Filed Against Small Business Owners

August 7, 2019 / by Larry Donahue / Contracts, Small Business / 0 comments

Breach of contract means just that; a contract has been “breached” or broken. There are varying degrees of breach ranging anywhere from no performance at all to some/minimal performance. Lets break the concepts down to their most basic elements and examine them further. There are two common forms of breach; anticipatory breach and actual breach. […]

How to Form a Food Truck LLC

July 12, 2019 / by Sean Friend / Business Tips, Contracts, LLC, Small Business / 0 comments

Food? Check. Truck? Check. Now you’re ready to make your business official. One of the steps in this journey is starting a food truck LLC for your mobile eatery, the good news is it’s not as difficult as you might think. Why have an LLC for my Food Truck? For Food Trucks, LLC’s provide a […]

Understanding Contracts: The Sports Contract

June 24, 2019 / by Kameron Kramer / Contracts / 0 comments

When most of us hear about our favorite pro athlete signing with a new team, we see dollar signs. Mike Trout’s $426 million contract with the Los Angeles Angels makes for good conversation at any happy hour. And then there’s the lawsuit recently brought by the U.S. women’s national soccer team against the U.S. Soccer […]

Bad Contracts: What Could Possibly Go Wrong?

June 19, 2019 / by Jake Goldsmith / Contracts / 0 comments

More often than not, parties will enter a contract on good terms, with the expectation that things will continue to run smoothly because they think they “get along” with the other party. If things continue to go well, that’s great. The more important question is, what if they don’t? What if things go wrong down […]

Understanding Contracts: The Contractor and Subcontractor

May 28, 2019 / by Kameron Kramer / Contracts / 0 comments

Let’s face it: there comes a point when we realize we can’t do it all. Accordingly, many businesses hire contractors to perform services ranging from payroll, marketing, janitorial, or even tax preparation. Contracting for these operations enables businesses to focus on their core competencies rather than peripheral tasks that are not at the heart of […]

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