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Opening a family business offers several benefits. You can leave your children and grandchildren a legacy and have something lasting for future generations. However, to do this, it is necessary to continue on a path of growth and success. Unfortunately, disputes may...
Mergers and acquisitions provide an important way for ambitious companies to further their growth. The problem is that the vast majority end in failure. Understanding some of the common pitfalls before you make a decision can help to ensure you make the correct...
You may have recently started a business when you realized that working alongside someone could make your job twice as easy. Having a partner who can run the business just as well as you can have many advantages. You may be wondering “what makes a good partnership?”...
When you started your business, you found a commercial property that you thought would be perfect. And the building itself does work well enough for your needs, but now you've been in that building for two years of a five-year lease, and you realize you have a big...
Selling a business successfully requires adequate preparation and the ability to navigate the complex legal and financial aspects that come with the process. It is not uncommon for mistakes to happen along the way. And if they do, the repercussions can be...
Selling your business or company is one of the biggest decisions you may ever make. Perhaps you are approaching retirement age or have earned enough in your successful business to retire early and explore the world. Whatever your reason, selling a company in Gilbert...
Now may be one of the best times to start a business as entrepreneurialism is skyrocketing. As entrepreneurship grows, so do the myths that stop people from starting their dream businesses. There are too many myths about owning a business to cover in one post, but...
Getting into a business partnership can be an exciting undertaking for any entrepreneur. If you get it right, a partnership can help the parties bring their resources and talents together, expand their production and market base and grow their bottom line. But what...
Disagreements are inevitable in any partnership. Even minor conflicts that are left unaddressed can escalate into full-blown disputes with costly financial and legal implications. Besides outlining each party’s rights and responsibilities, a thoughtfully written...
Even if a business is successful, it may be time to let it go if it is no longer part of one’s priorities. If you are a partner who wants to sell their business shares, it is important to draft a buy-sell agreement that would benefit and protect all parties. Some...