Tips for Selling a Business Successfully

Tips for Selling a Business Successfully

Tips for Selling a Business Successfully Deciding to sell a business comes with risks and rewards. It can result in financial freedom for the business owner. In fact, many entrepreneurs start a business with the sole intent of cashing out
Letter of Intent for Mergers and Acquisitions

Letter of Intent for Mergers and Acquisitions

Letter of Intent for Mergers and Acquisitions When coming into a merger or acquisition of a company, each party should ensure that they have an equal understanding and should do so before getting into negotiations. Mergers and acquisitions expend both
Drafting a Partnership Agreement

Drafting a Partnership Agreement

Drafting a Partnership Agreement Partnerships are a common and sensible business decision, even if many well-known firms are corporations or limited liability organizations. To this point, several of the most prominent tech companies, such as Apple, Microsoft, and Google, began
Avoid Business Litigation by Retaining an Attorney

Avoid Business Litigation by Retaining an Attorney

Avoid Business Litigation by Retaining an Attorney There are many reasons for a business owner to choose not to hire a lawyer. They may not be able to afford it or think it’s not worth the money. Some believe that
Due Diligence in Acquisitions

Due Diligence in Acquisitions

Due Diligence in Acquisitions Every corporate acquisition must involve a thorough assessment of a potential firm in order to be successful. This process, also known as a “due diligence evaluation” or “due diligence review,” entails thoroughly assessing the company that
Fraudulent Conveyance

Fraudulent Conveyance

Fraudulent Conveyance A fraudulent Conveyance would be more accurately called avoidable transfer, as it is a transfer by a party (the debtor) of interest in property in order to prevent a creditor from claiming the transferred interest in order to
Should You Take Your Contract Dispute to Court?

Should You Take Your Contract Dispute to Court?

Should You Take Your Contract Dispute to Court? Entering into a contractual agreement with a business associate binds both of you to the terms that you’ve agreed upon. There are times when the other party will fall short of their
Enforcing Oral Contracts

Enforcing Oral Contracts

Enforcing Oral Contracts Contracts affirm all kinds of business transactions. In their written form, contracts should be drafted and reviewed carefully before being finalized. Some business agreements, however, are based upon verbal interactions and sealed with a handshake. While these
What is a Strong Arm Clause in Bankruptcy Code?

What is a Strong Arm Clause in Bankruptcy Code?

What is a Strong Arm Clause in Bankruptcy Code? The Strong Arm Clause, known formally as Section 544 of the Bankruptcy Code, gives the rights of a secured creditor to the bankruptcy trustee. This clause is in place to enable
Managing Overtime in CA

Managing Overtime in CA

Managing Overtime in CA Any employer must become familiar with the employee rights and your obligations as a business owner within your state. These guidelines are essential to protecting the rights of your employees and are strongly enforced. Violation of
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