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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...
When starting a business, you have many options to find success. For instance, you could form a business partnership. A business partner could be someone who shares your ambition and helps your business grow to its full potential. While that may not be enough of a...
Most people have heard the term “silent partner,” but fewer know what on actually is. It may even seem a bit nefarious – like someone having an influence on a business or helping keep it going financially without any public awareness of their involvement. In...
A shareholders’ agreement is a legally binding contract between the shareholders of a corporation that outlines their rights and obligations. More importantly, it details the extent to which they can exercise their rights in the company. The shareholders’ agreement...
If you’re starting a business, you may be feeling overwhelmed. You might be frustrated. It may seem too complicated and you may feel stuck, trapped behind these things that you don’t know. First and foremost, you must understand that this is a common feeling for new...
If someone offers you a business partnership, you might hesitate because it seems like too big a commitment. Perhaps you cannot afford to invest as much as them. Or maybe you just can't dedicate the same amount of time. The good news is you may not need to, and it may...
For many businesses, part of the process is starting a business from nothing and building it from the ground up. Chances are, you have heard of more than a few stores about multi-billion-dollar companies that started in a basement or garage. However, another option...
Starting a successful business requires focus and follow-through. You also need to have a plan in place for what happens when you are ready to sell the business. Securing an offer will only be the first step in the process of leaving the company. The transition to a...
Four Ways Employees Are Protected by the Americans with Disabilities Act To the average person, exposure to the Americans with Disabilities Act (“ADA” or “the Act”) is probably limited to wheelchair ramps or signs allowing service animals in public buildings. In the...