Every business owner knows that building a business takes dedication, commitment, hard work, sacrifice, sweat equity, and yes, a little luck. There is nothing quite like the sense of pride and accomplishment that comes from owning a successful business, whether it is a partnership or a family-owned one. To maintain the fruits of your labor, … continue reading the entire article
Purchasing a business is exciting, but the process can be tricky and confusing. There are a variety of variables you should consider before signing on the dotted line. Here are seven common pitfalls: Not forming a business entity. Don’t begin signing contracts, leases, or loan agreements in your own name without planning and implementing your … continue reading the entire article
You’ve been in business for a while. You are working hard to continue to grow and prosper, but have you given much thought as to whom you’ll eventually pass the keys to your business? In ideal situations, you should have a succession plan in place before you open the doors of your business. In reality, … continue reading the entire article
Choosing an attorney should be done carefully and certainly not solely based on advertisements. You should match your needs with the attorney’s areas of practice. The law is vast and complex. It is difficult to be knowledgeable and have first-hand experience in all areas. Therefore, it becomes crucial for attorneys to limit their focus to … continue reading the entire article