Many start-up businesses are formed by first-time entrepreneurs who are often unfamiliar with the requirements and pitfalls involved in forming a...
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...
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...
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...
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...
Lease Negotiations – Tips for Tenants
So you’ve decided to start a new business or expand your existing business, and you’ve found the perfect location. For most businesses, that means...