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No South Carolina business owner wants to find themselves in a commercial business dispute. A dispute brings the possibility of a lawsuit, thousands of dollars in legal fees and loss of the business. Some situations are more likely than others to cause a dispute....
Doing business in South Carolina involves many variables, like when the market suddenly turns against you, your business services decline in popularity, or your business booms. However, if a dispute arises, there may be questions about the total amount your business...
A business valuation is a process that determines the economic value of your South Carolina company. While it may seem like a task for large corporations or during specific situations such as mergers or acquisitions, getting a business valuation can provide valuable...
South Carolina has over 400,000 small businesses that must protect themselves from credit card fraud. It’s an issue that many small businesses struggle to combat. Forbes Advisor reported 33 percent of small businesses in the US have been impacted by credit card fraud....
It is a common practice in South Carolina for business contracts to stipulate that the parties involved will settle legal disputes through arbitration instead of litigation. Arbitration is usually faster and less expensive than taking a case to court. Mediation...
South Carolina businesses and individuals use contracts to establish an agreement between two or more parties. Contracts define each party's expectations and obligations and provide a legal framework for enforcing those obligations. However, not all contract terms are...
In South Carolina and other states, the phrase "meeting of the minds" is a legal term to describe the mutual understanding and agreement between parties to a contract. This concept is crucial to the formation of a valid contract. Therefore, it is known as a mutual...
No business is perfect in South Carolina, and disputes are bound to happen from time to time. When they do, it's important to handle them in a way that protects the interests of your business and preserves your relationships with customers and suppliers. Take...
In a business dispute, there are several methods that can be used in order to protect your business interests and stop things from escalating. One of these methods is known as a cease and desist letter. What is a cease and desist letter? This type of letter is a...
When two businesses have a dispute, there are several ways to resolve it. One way is through arbitration, which is often simpler and cheaper than going to court. What is arbitration? Arbitration is a process where two businesses, or individuals, agree to have their...