To help business owners in drafting an operating agreement, this post reviews what an operating agreement is, why it is important, and what information should be included in one.
Business owners work hard to establish and grow their business. However, there may come a time when they feel the need to either sell their business or move to another business. In such cases, there are seven factors every business owner should consider before deciding to sell.
For most individuals are businesses that have a legal dispute, one of the first questions they ask themselves is: how can I resolve this? One way to resolve a dispute is through mediation. However, how do you know if mediation will help you? Today’s post first defines mediation, before discussing who is involved in the process, and finally, reviewing the benefits of using mediation to resolve a dispute.
Many business owners incorporate because they believe it will protect their personal assets if they get sued. In fact, many business owners invest most of their time and energy on the development of their businesses and tend to forget about following their corporate protocols in order to maintain the protection those protocols were intended for in the first place. Unfortunately, not following corporate protocols can break that shield, and the corporation can be subject to the piercing of the corporate veil.
Starting a business can be exciting and scary for many people, particularly when it comes to the legal set up. To assist potential new business owners in alleviating their worries, today’s post discusses 3 Legal Mistakes to Avoid When Starting a Business in the United States.
If starting your own business is an essential part of living your American Dream, then it is important to remember than the way your business starts may have a severe affect on and determine its success. Therefore, when daydreaming about your business, there are 8 questions you should ask yourself.
To help entrepreneurs when deciding on a company structure, this post discusses which business models exist and which one entrepreneurs should chose for your business.
To help business owners better understand their options when it comes to leases, this post reviews important information when it comes to lease negotiation before moving into a discussion of the main differences between an assignment and sublease.
Starting a business with a partner is exciting. You’ve both come together to take a great business idea and run with it. Filled with optimism, you both want to move forward with your business as soon as possible. However, if you don’t face potential conflicts early, they can spiral as your business grows and evolves. To help you plan for such times, this article discusses 3 smart ways to preemptively deal with business partner disputes.