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At some point, you may have heard people say that business owners wear many hats. This is a very common sentiment, and it is often said about entrepreneurs. It’s a metaphor, simply stating that they have to take on many different roles within the company. For example,...
When starting a new business, you want to do all you can to minimize your financial liability if a problem should arise. One way to address this right from the start is by choosing the ideal legal entity (or structure) for your company. The limited liability company...
Businesses must be meticulous when choosing their entity as it plays a substantial role in the company’s success. Evidently, most small businesses have different priorities and capacities than other types of companies, which may work well as corporations. Because of...
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...
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?”...
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...
Under Arizona’s Stop Notice statutes, a contractor may serve a notice on the owner and/or construction lender to let them know that a payment is still owed. The owner or construction lender must then withhold that amount from the next disbursement until the dispute...
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 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...
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...