The paperwork often gets treated as a formality. Two or three people get together with a great business idea and decide to form an LLC. They may use an online formation service, but they never get around to writing a thorough operating agreement. Som…
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You’ve dedicated your life to building your business, and it brings peace of mind to know that future generations can inherit and continue to grow it. Having a will or trust is a good start, but it may not be enough on its own to achieve what y…
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When you leave a job for a new one, you’re looking forward, not backward. Except that your old employer has other plans. They are holding you to a non-compete agreement you don’t even remember signing when you were hired. The employer is saying y…
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Deciding to buy a business is more involved than writing a check and taking a set of keys. The way the deal is structured can affect what the buyer receives, which liabilities may come with the business, and what happens after closing. Existing contr…
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At first glance, buying an existing business can look like the most efficient path to ownership. The systems are already built, the employees are in place, and operations appear to be running smoothly. What buyers do not always see at first is how mu…
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