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A partnership is a business entity where two or more people own and manage a business. Because more than one person is in control, disagreements are inevitable. A comprehensive partnership agreement can prevent disputes and confusion between partners. Here are the key...
Property owners might feel worried about the disclosure process when they sell their apartment complex. It is understandable because they are concerned about receiving lower offers, privacy issues and additional costs. However, it is important to remember that buyers...
As a small business owner, you have put in a lot of work to establish and grow your business. You want to ensure that you have a suitable location to operate from and get the best deal possible. However, negotiating an industrial lease can be a complex and...
You and your business partner likely started your business venture in high spirits. Yet, the stress of being an entrepreneur can lead to arguments and other issues. Not all partnerships are built to last; if your partner fails to fulfill their end of a deal, there are...
One of the crucial steps in building your business is selecting its structure. Between sole proprietorship, general partnership, limited liability company and corporation, it is easy to be overwhelmed as to which option you should go for. When choosing a business...
One of the first decisions a potential business owner must make is what structure their venture should take. It is a crucial decision that requires a clear understanding of how things work and how much your choices will affect your business. Below are some things that...
Going into a business with a partner involves having trust in their ability to run the business. While each partner may have different areas of expertise, they should come together to create a successful company. Partnership disputes can happen over just about...
Whether you are opening a new branch and are, thus, looking to purchase a space or are simply purchasing a property to lease out, commercial real estate investment is a big money undertaking. As such, it makes sense that you do everything in your power to get...
If you have worked hard to build a business, it is only natural to want to protect it. This is especially true if you want to pass your business down to the next generation upon your death. While setting up a limited liability company (LLC) or incorporating your...
Size or industry notwithstanding, a business sale is a significant undertaking – both financially and legally. A business sale agreement is a legally binding document that stipulates how the transaction will be carried out. Basically, it defines the agreed elements...