The Top 5 Mistakes Made By Start-Up Businesses Many start-up businesses are formed by first-time entrepreneurs who are often unfamiliar with the requirements and pitfalls involved in forming a new business. As a result, they often fall victim to the following...
Choosing The Right Type Of Buy-Sell Agreement For Your Business Consider the following scenarios – Scenario 1: Mary, Mark, and Melinda are the sole owners of Acme Widget Company, Inc., an S-Corporation, with each of them owning 1,000 shares of stock. Unfortunately,...
A Tenant’s Options When Leased Space is No Longer Wanted A tenant leasing retail, office, warehouse, or industrial space can sometimes find itself in a position where its lease expiration date is months or years away, but the tenant no longer wants that space. On the...
Limited Liability for Owners of Corporations and LLC’s: What Liabilities and What Limits? One of the principal motivations for operating a business as a corporation or a limited liability company (“LLC”) is that, by law,[1] doing so will generally shield the owners of...
Buying a Business or Buying Trouble? - 4 Tips to Minimize Risk Buying a business should not be like buying a used car. While it may be common for someone to buy a used car “as-is,” it would be highly unusual for someone to buy a business with that disclaimer. ...
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