Creative Solutions For Preventing And Resolving Legal Problems
Business sale transactions are complex and costly. The entire process typically takes months to complete, and the terms set can vary drastically from one case to the next. There are typically two ways for people to acquire ownership of an existing business. The first...
If your small business is struggling with debt, Chapter 11 Subchapter V bankruptcy may be the right solution. This relatively new type of bankruptcy was introduced in 2019. It is designed to help small businesses with total debts of up to $3,024,725 to restructure...
Businesses have many reasons to negotiate contracts. Contracts with new workers can help them secure skilled labor. Contracts with other companies could lock in prices and delivery dates for necessary materials or clarify expectations for a service provided by an...
Mediation is a common form of alternative dispute resolution. Those who cannot settle a dispute on their own can attend mediation to negotiate a settlement with the other party. Successful mediation leads to a signed agreement and can prevent a matter from going to...
A merger or acquisition is often one of the biggest transactions a business can complete. When a company opts to acquire another company or arrange to combine organizations, this effort can lead to rapid growth, access to valuable intellectual property resources and...
Sometimes a business venture just runs its course, and you realize that it’s time to close down. Sole proprietors can basically just close their books and close their doors, but when you’re operating a limited liability corporation (LLC), you have to take a few more...
Mergers and acquisitions can be great for business – but you can end up in a real fix if you don’t keep your key employees through the transition. Employees tend to leave for some very basic reasons: They may not feel that their jobs are secure (especially if they...
Signing a contract can seem like a hassle, especially if you just finished tense negotiations. Some companies and even some highly-successful professionals fail to use contracts as consistently as they should for their own protection. They resolve their negotiations...
One important thing to do when starting a business is to decide what type of structure you’d like to use and what type of business entity you want to own. There are many different options, and they can all have an impact on how that business runs and what steps you...
As a business owner or executive, you depend on your service providers and vendors to follow through with their contractual obligations to your company. Without the agreed-upon delivery of production materials or the right IT support, your company could struggle to...
