Many business and personal agreements may start with a handshake or verbal understanding, but if they’re not backed up by a written contract, these agreements can be risky. While Colorado law does consider certain verbal contracts legally binding, they are easily prone to misunderstandings that can make them difficult to perform or enforce. The Risks: […]
Business owners have a lot on their plates, and reviewing contracts can be a tedious task that is sometimes rushed through. Unfortunately, signing a hastily-read contract can result in significant financial or legal liabilities down the road. Below are the six most frequently overlooked subtle contract details that can hurt business owners if they aren’t […]
The breakneck speed of technology developments can leave businesses struggling to keep pace, and leave little time to decipher what advancements are actually beneficial to growth, stability, and efficiency. Not every innovation is going to be a game-changer. Smart contracts are one of those recent developments that aim to improve efficiency and security. In this […]
If you own your business, you’re probably used to doing many projects by yourself. While this can save time and money, not everything should be a DIY endeavor, including business contracts. The success and well-being of your company depend upon the strength of its contracts. Since contracts can be very complex and must take into […]
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