What Is Regulatory Compliance And Why Is It Important?

What Is Regulatory Compliance And Why Is It Important?

Regulations at the local, state, and federal levels cover a vast span of industries, sectors, materials, and situations. Some regulations, such as Child Labor Laws, Minimum Wage, Pollution, and Food Safety, may feel familiar. Regulations in Business Yet, regulations...
When Is A Negotiation Agreement Not Necessary?

When Is A Negotiation Agreement Not Necessary?

There is a lot of “buzz” in the media about always renegotiating and striving for better terms in new or existing agreements. However, negotiating agreements takes energy, knowledge, and time in a business. Knowing when it is worth it to negotiate can ensure that...
Who Should Be Involved When Negotiating An Agreement?

Who Should Be Involved When Negotiating An Agreement?

In the corporate world, the person in charge of negotiations is often, by default, a department leader, the person in charge of the project, the CEO, or the business owner. Yet, there is no guarantee that they are most skilled in negotiation. Have you ever gone to buy...
Is A Negotiation Necessary?

Is A Negotiation Necessary?

The Harvard Law School Program On Negotiation describes a negotiation as a process of finding your counterparts’ interests and reconciling them with your own to achieve a specific outcome. Negotiated agreements happen through back-and-forth communication to reach a...
How Do I Negotiate Business Agreements

How Do I Negotiate Business Agreements

In the course of your career, you are likely to perform many duties that were not explicit in the job description at the time of hire. If you are an entrepreneur, you are probably quite familiar with the concept of wearing many hats in your business.  Negotiations...