Professional athletes and sports superstars make millions of dollars from their salaries, bonuses and prize money alone. On top of that, they also generate even more significant earnings from endorsements, appearances, licensing and sponsorships. Among the...
Business Law
Drafting a partnership agreement
Of all the formats for a new business -- LLCs, corporations, S-corporations and so on -- a general partnership is one of the easiest in many ways. If you're starting a general partnership, you don't necessarily need to file any paperwork with the Indiana Secretary of...
Is your business prepared for emergencies?
Owning and running an Indiana business can be fulfilling and exciting, especially when things are going smoothly. However, unexpected events, such as a natural disaster, could financially devastate your business and or even threaten your entire business operations....
What should you do if your only option is to sell your business?
The decision to sell a business can arise from various circumstances. While a business's significant struggles may prompt a sale, other compelling reasons exist, like retirement, changing priorities or seizing new opportunities. Regardless of the motive, understanding...
What is a business plan?
Deciding to start your own business is exciting, but before you start building your business empire, it’s important to make sure you are building on a proper foundation. A great way to start ensuring your business’ foundation is sound, is by preparing a business...
Tips for collecting business debts
Running a business in Indiana means that sometimes your customers or clients will owe you money. When your invoices are not paid, this can hurt your bottom line. However, it can be difficult to ask your customers to pay you without ruining your relationship with them....
Tips for drafting an eSports contract
The field of eSports has exploded in recent years, resulting in many business opportunities that require the drafting of complex agreements or contracts. Whether you are a business owner, player, promoter or sponsor, you will probably be involved with a contract at...
What is e-sports licensing?
The popularity of e-sports has increased significantly over the past few years, with millions of people now tuning in to ESPN, Twitch, and other streaming services to watch their favorite teams and players virtually compete. These passionate fans, much like fans of...
eSports superstar signs exclusive streaming deal
Our blog has spoken about eSports several times over the past year as it has become an ever increasing revenue stream for companies and gamers alike. Many gamers are now looking to make Affiliate Agreements with streaming sites, like Twitch and YouTube. However, when...
Tips for resolving your contract dispute
Indiana business owners know that solid contracts are essential to keeping their business thriving. Nearly every aspect of running a business involves contracts, which is why reaching a satisfactory resolution to contract disputes is so important. A contract dispute...