Succession

One of the most overlooked business planning issues is the question of who will take over and run the business in the event that an owner cannot continue due to retirement, death, disability, or another event. These events have the potential to substantially reduce the value of the business and tie-up the business in court…

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Contracts

On August 16th, 2013, Entrepreneur magazine published an article entitled “How a Handshake Can Destroy Your Business”. I suggest that you read this article and heed its advice. Many individuals believe that they do not need an attorney to review their contracts or they feel that it is just too expensive. Unfortunately, that decision can…

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Entity Formation

When starting a business, a critical decision that needs to be made is regarding choice of business entity. You will want to consider if a C-corporation, S-corporation, general partnership, limited partnership, or limited liability company is the best entity for your particular venture. The differences between these types of business entities include taxation, personal liability,…

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Purchase and Sale

Making the decision to buy or sell a business requires a thorough analysis and legal review to ensure that your personal, financial, and legal interests are protected. Even if the transaction and written documentation seem simple, there may be undisclosed or hidden issues that only an experienced attorney can identify. Such concerns may include issues…

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