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Business owners who lend money to individuals or other entities must protect their financial interests. A well-written business lending document helps ensure that both parties understand their obligations. Including specific provisions can reduce risk and provide a...
Antitrust laws exist to promote fair competition and prevent monopolies. While they mainly target large corporations, small businesses also need to understand how these laws affect them. Violations can lead to fines and legal action, so staying compliant is essential....
Merging businesses can be a complex process, and securing the necessary funding is one of the biggest challenges. While traditional bank loans are a common way to finance a merger, there are several alternative financing options available. These alternatives can...
Mergers and acquisitions can put a company's intellectual property (IP) at risk. Without the proper safeguards, businesses can lose valuable IP assets. Protecting IP during these transactions should be a priority. Do thorough IP research Before closing any deal,...
Businesses or property owners may need a conditional use permit (CUP) to use their property in a way not typically allowed by the zoning ordinance. If you find yourself in this situation, it is important to understand CUPs and how they work. . What is a conditional...
Starting a Limited Liability Company (LLC) can be a smart move for entrepreneurs seeking to establish a formal business structure. It can offer both flexibility and protection. However, you must take essential steps and understand the requirements thoroughly to start...
Starting a new business is an exciting time, full of endless possibilities. However, before launching your startup, it's important to consider the legal structure of your business. Choosing the right legal entity for your business can have a significant impact on its...
Ending a partnership can be messy, but there are options to make the process go more smoothly. Depending on your agreement and the terms of your contract, you might have a few different avenues available. There are a couple of things to think about when your business...
Whether you are starting up or in expansion mode, choosing between buying or leasing commercial property for your business is an important consideration. Your current finances, expected growth and flexibility all factor into the decision. As with any choice you make...
Owning a family business is a significant achievement, but there comes a time when you may consider passing the reins to the next generation. This process involves careful planning and execution to ensure a smooth transition and the continued success of your family...