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Force Majeure: What is it and should it be in my agreements?

In Contracts 101 by Shannon Montgomery

In light of the COVID-19 pandemic, we have been thrust into an unprecedented situation. Businesses across the globe have been ordered to close their doors and the ripple effect has affected both consumers and businesses. With companies unable to provide their goods/services, many are trying to find ways to protect themselves and avoid lawsuits. Enter the Force Majeure clause…. What …

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Top 6 Benefits to Starting Your Business the Legal Way

In Business 101, Contracts 101, Online Business Necessities by Shannon Montgomery

I spend the majority of my time counseling budding entrepreneurs about the importance of setting their businesses up the legal way. And I don’t just mean filing your taxes properly so the IRS doesn’t come after you. There is a lot that goes into doing thing the right way, and protecting what it is you’re building. I know the new …

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Top 5 Reasons to have a Partnership Agreement

In Business 101, Contracts 101 by Shannon Montgomery

I took a minor hiatus from blogging here for a while. I put up a YouTube video which you can check out here and I appeared on a friend’s two-part blog which you can check out here and here. But this week I am back with some more legal information for you and your business! So let’s jump right in. Today’s topic …

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Boilerplate Contract Clauses and What They Mean

In Blog, Contracts 101 by Shannon Montgomery

You may or may not have heard the term boilerplate before. It’s just another fancy word used by attorneys to describe the standardized language used in contracts. And although not all contracts contain the same boilerplate language, many do and I think it will be helpful for you to know what the heck some of those things mean. If you …

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How to Properly Sign a Contract for your Business:

In Contracts 101 by Shannon Montgomery

A few articles back I discussed the importance of not being a sole proprietor and why forming a business entity with your state is so important. You can check that out here in case you missed it. So hopefully after you read that, and any other warning I’ve given, you know that having a business entity is extremely important. With …

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One Size Does Not Fit All: Contracts Edition

In Contracts 101 by Shannon Montgomery

Over the past few months, I have had the pleasure of reviewing and negotiating, some very one-sided contracts. Businesses of all sizes are continually utilizing extremely unfair contracts. Some of these are short and to the point, but they still leave my client completely unprotected in the situation. Often times if you’re an individual or a smaller business contracting with …

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Non-Compete Agreements: Will yours hold up?

In Contracts 101 by Shannon Montgomery

In my niche market a lot of the people I work with work on a contractor or consulting basis with their customers or clients. Because of this, I have been asked non-competes pretty regularly. Non-Competes are one of those areas of law that are very different depending on what state you are living in so this article is going to …