Months of due diligence, late-night conference calls, research and working with investors and lenders has nearly come to fruition. Your company’s acquisition of another business is almost complete. You just have a few more details to address in what has been...
Even the most attractive business entities will have some issues to address sooner or later. Getting to know those issues before they become a disruptive surprise two or three years down the road may save you and other owners from losing time and money. What’s more,...
In these uncertain times, you may be hearing the phrase “force majeure” more frequently than you would have in the past. It is a term in many contracts, but most people do not know precisely what it means. Force majeure is a French term meaning “superior force.” In...
Companies of all sizes have shareholders voting on important decisions affecting the company. Disputes among these shareholders can cause a major disruption to business operations. Large companies often have many shareholders, each with an opportunity to vote on...
A merger could be great for your company, but it’s also very easy to go wrong. As you look for the right partner for your merger, consider these steps for creating a success. Check your own business health As you consider potential partners, be sure to assess yourself...
Commercial leases can be overwhelming and confusing to look through. There is less regulation with commercial leases than there is in residential ones, so it’s especially important to analyze your lease and consider what it means for you. One bad clause could cost...
Breaking up is no fun, in your personal life and in business. Still, staying in a professional relationship with a vendor that’s not working anymore will probably mean you lose money. If you are thinking about taking your business elsewhere, here are a couple of ways...
The adversarial nature of arbitration and litigation increases the potential that these procedures will last longer than they should. In business-to-business disputes, there are many forms of mediation that allow companies to settle without incurring too much loss....
As a property owner, leasing your building can be an excellent source of income. However, if you are going to rent your property, it’s important to have a rock-solid lease in place. Otherwise, the money might not be worth the headache—or the potential legal...
Running a business requires understanding all of your options and making decisions based on that knowledge. This holds true not just for more obvious aspects such as revenue, worker ability or market analysis, but also your property. You need to know not just the...