For some business owners, selling a company for profit was the entire motive behind establishing the organization they own. For others, selling their business could be the best move possible when they receive a job offer in another state or face medical challenges...
When you decide that you want to start a business, you may be focused on things like making sure you have a catchy name and ensuring your business can thrive in your area. While those are important, there’s something else that you need to think about – what type of...
There are numerous reasons why a business may have to close its doors. This could be related to financial difficulties, retirement or simply moving on to a new venture. In any case, there are legal processes that should be followed when dissolving a company. Here are...
When two people decide to go into business together, it is important for them to make a contractual agreement. This is usually done in the form of a partnership agreement. Not only is this agreement an important first step, but it can address important issues or...
Starting a small business is the dream of many – but a lot of people underestimate just how hard it is to finance a new enterprise on their own dime. They need loans, investors and other financial resources to establish, build and grow their entrepreneurial dreams....
Owning a business can inspire immense satisfaction, particularly when efforts lead to financial success. However, the business world is unpredictable, and even successful companies can face periods of decline. All companies face challenges like economic downturns,...
You want to start a business in New York, but you have a lot of questions. What permits do you need? What licenses are required? If you don’t get the proper ones in advance, is your business going to be shut down? This can be a complicated situation. On one hand, New...
Starting a company is one thing, but expanding the business each year is another. Few companies can go it alone if the intention is to become large. This is where corporate mergers come in. A merger essentially involves two or more companies consolidating into one...
Launching a new company can be very exciting. There is often a lot of buzz around new companies when they get started. Even better, sales may go well for a sustained period. However, the unfortunate reality is that many businesses don’t work out. Knowing when your...
A business partnership can be a highly beneficial arrangement. Business partners can share financial responsibilities, workloads and liabilities. That being said, some partnerships work out better than others, and disputes can arise. Outlined below are some issues...
