Employment agreements protect both the employer and the employee during, and sometimes after, the employment arrangement. Employers can tailor these contracts to each individual hiring situation.Although the exact language within the employment agreement will vary...
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Tips to mitigate common merger and acquisition challenges
A well-structured merger and acquisition deal can help better ensure a smooth transition after the business is sold. Business owners can help achieve this goal by avoiding common challenges that are often present during these deals. Two challenges that are often...
How will the Wayfair decision affect your business?
The Supreme Court of the United States (SCOTUS) recently released a holding that has shook the business world. In the past, businesses were subject to state sales tax when they had a physical connection to the state. A headquarters or brick and mortar store within the...
How to successfully manage a merger
Mergers are complicated because it is about bringing two separate entities into one large business. Both companies have to bring their business savvy, financial knowledge and negotiation skills to the table. Oftentimes, their ideas will conflict. Mergers rely on a...
Tips for entrepreneurs joining the commercial real estate market
The commercial real estate market is booming. Entrepreneurs that are looking to join this market either individually or with a group of like-minded investors can take steps to better ensure the process goes smoothly once they find the right property for their...
Looking to sell commercial property? Avoid these common mistakes.
Selling commercial property is much different than putting a residential site on the market. This market is competitive and filled with discerning buyers. Potential buyers are often entrepreneurs and investors who manage several properties. A seller needs to put in...
The medical practice conundrum: To sell or not to sell?
The market for selling a medical practice is very active. Physicians that run these practices and are considering an offer are wise to carefully review their options. Another practice, hospital or private equity firm may have expressed interest in purchasing the...
Planning for parking: Know your zoning laws
The U.S is a car country. Despite much recent talk of driverless vehicles, car sharing and increased public transportation, the car is here to stay for quite some time. Moreover, it might even be on the rise: in Houston, Texas there were 1.59 vehicles per household in...
Three common commercial real estate myths
There are many opportunities for investors within the commercial real estate market. However, a failure to recognize some common myths as falsehoods can steer an investor in the wrong direction. As such, it is wise to take note of these three common commercial real...
Small & mid-sized businesses most often victims of embezzlement
Embezzlement seems like an issue for large corporations. Unfortunately, small businesses are at an even greater risk than their larger counterparts. Researchers with the Hiscox Embezzlement Study report white collar criminals most often embezzle from small and...