Knowing what you want to happen with your business after you leave is a great first step. However, there are several challenges to creating a robust business succession plan that many entrepreneurs fail to consider until the moment of transition.
Sometimes you just need a short answer to your top business start-up questions to put you on the right path, keep you moving forward, and know when to visit your business lawyer’s office.
When an entrepreneur starts a business, it can sometimes be hard to imagine anyone else doing their job. Small business owners can pour years, even decades, of hard work into getting their processes, vendors, and contracts in place. But as the years press on, eventually you may want to slow down. Then the question becomes […]
Startup business owners often fight to break even. Many entrepreneurs take a DIY approach, handling everything from marketing to manufacturing. However, even on a shoe-string budget, you need a business lawyer on your startup team to get your company on the right foot, and head off problems before they start.
Business owners enter into contracts every day. Some contracts are at the core of the work they do. Others are simply vendor agreements for coffee or office supplies. Almost every one of these brings with them boilerplate language that is often all too easy to ignore. But trusting the boilerplate language in today’s contracts could […]
There are many things to worry about when running a successful business. What will happen when you retire does not need to be one of them. Through thoughtful and proactive business succession planning, you can ensure that your professional legacy lives on even after you hang up your boots.
Founding a new company involves thousands of decisions that could affect its success. Choices in location, supply, manufacture, and personnel can all be critical. As you work through your start-up business planning, don’t forget to look at your corporate structure to decide if an LLC is right for you.