Entering a partnership can be exciting, as it involves combining shared visions and complementary skills to drive a business forward. But as with any relationship, it's crucial to set clear expectations and guidelines from the outset. This is where a well-drafted...
When companies hire new workers or promote existing employees, the process usually involves negotiating and signing an employment contract. That contract may address everything from how the employee behaves on social media to the compensation they will receive and the...
Business acquisitions can make or break the organization that is acquiring another company. The process of purchasing an existing company is a lengthy one that carries a massive price tag. Small oversights and mistakes can lead to massive financial setbacks or...
Turning two separate businesses into one cohesive organization can be quite a challenge for the executives and management teams involved. Following a merger, there will generally be major shifts in the resulting company. Companies must act quickly to ensure the...
Federal laws limit economic activity in cases where businesses might engage in unfair competition or endanger consumers. The creation of a monopoly, especially in the medical industry, is a potentially expensive and dangerous reality for those who make use of certain...
Whether someone has just started a new business or has assumed an executive role at a company, they likely hope to continue working there and helping grow the organization for some time. Owners and executives may commit years or even decades of their lives to the...
The prospect of a merger is an exciting one for executives who are facilitating a transaction. They will potentially see rapid expansion and will gain access to new talent and intellectual property. However, the enthusiasm about the prospective merger does have the...
When taking on a partner, an entrepreneur hopes to connect with financial resources or expertise that will make their organization more competitive. Having a partner can help to reduce the risk involved with a new business enterprise while also providing social...
Perhaps you and your siblings represent the majority interest in a business that now has numerous shareholders. You may have a desire to buy out other investors so that you don't have to pay dividends on the company's success or be subject to outside opinions about...
As a company owner, you know that your business could suffer financial harm if your employees leave to join the competition. It could also be detrimental to you if they leave in order to start their own businesses, which then compete against you directly. Essentially,...
