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...
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...
Mergers can completely change the functional abilities of your company and also its financial situation. If you overextend the company financially, it may never recover from the merger. On the other hand, adding new staff and facilities could be exactly what your...
Growing a business naturally can be a very slow process. You may need new employees and new facilities to scale up from your current scope of operations. For such growth to occur organically, you may need to invest years of effort and planning. Even successful...
If you are starting a business with someone that you already know well, you may decide that you don't really need a partnership agreement. Maybe this person is a close friend from a business where the two of you already worked together. Maybe they're even a family...
As a business owner, you know which information you have that is proprietary. You know which trade secrets could harm your business if exposed, and you take steps to prevent that from happening. You may have a noncompete agreement in place with your employees right...
If you are on the verge of combining your business with another enterprise, the process will likely be complex. There will be intense negotiations regarding is the price that you pay for certain assets or the way that you will run the newly-merged business. You may...
Merging with another business can be a beneficial decision. Your company could grow much more quickly through a merger than it would be through typical business development. Rather than competing with that other business, you will now pool your company's resources...
Many reasons motivate Minneapolis-St. Paul businesses to consider merging. One of the more common ones is to share resources. Most mid-size private companies specialize in a particular field or business process. It gives them a competitive edge over others in that...
You may have achieved your dream 15 years ago. You launched your own business and now have seen it succeed and grow. Now, you are thinking ahead. You might want to retire in 10 years. Yet, who will take over your business then? You might not realize that more than...
