When business owners in Idaho decide to go into business with someone else, they do so with visions of success. Unfortunately, statistics show that most business partnerships fail. While each business relationship is unique, some reasons for failure are more common...
Many of the legal agreements Idaho residents enter into are what are known as adhesion contracts. These agreements, which are also called boilerplate or standard form contracts, are basically “take it or leave it” propositions. Automobile loans and leases, credit card...
If you've been working hard and smart, and your business is steadily growing in Idaho, you may want to consider franchising. A franchise is where you allow someone else to use your brand name, operating systems and other intellectual property to essentially replicate...
Idaho law in some cases considers two or more people conducting business to be a partnership. This holds true even if you didn't formally register the business. Registering as an LLC or corporation, however, would classify your company differently. It's important to...
A common concern of business owners, especially those who are sole proprietors, is whether they should open a business bank account. You may want to consider the benefits before going without this type of bank account. Required for some business structures IRS...
Disputes are a perennial part of human interaction, especially between people doing business together in Idaho. However, how you handle them can make all the difference in the world. Before you involve the court, arbitrator, or mediator, it's always advisable to...
