Standard commercial real estate agreements are tempting. This boilerplate contract may come with at a lower initial price point, but the long-term consequences of a fill in the blank document can be very costly.These forms generally have blanks that allow the user to...
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Leasing commercial property? Check your negotiation strategy.
Entrepreneurs that start up a new business or look to change locations will likely need to negotiate a commercial lease. These negotiations are often intimidating. An entrepreneur for a small business may go up against a landlord that has negotiated dozens of these...
Key provisions to include within a Shareholders Agreement
Shareholders Agreements are essentially contracts between the shareholders of a business. Contracts can include a variety of provisions and these provisions can help reduce the uncertainty of an outcome during a dispute.Although each Shareholder Agreement should be...
Importance of due diligence on a commercial real estate purchase
When acquiring real estate, you want to ensure there will be no surprises after purchasing a property. This is especially true when buying commercial real estate because the purchase price is often high, and if you miss something, that could affect your ability to...
Fed’s quarterly survey finds commercial real estate loans eased
A new survey from the Federal Reserve finds banks have eased lending standards for commercial loans during the first quarter of 2018.Based on information gathered from an official survey, the agency reports banks have eased important lending terms for commercial real...
Business succession in Texas: Three tips
Business owners are wise to put together an exit strategy years before retirement. Three questions to answer to help ease this transition and better ensure both the business and the former owner move on successfully include:Do you want to keep the business in the...
Venue selection & location concerns for real estate developers
For real estate developers, location selection is the prime consideration. Choosing an ideal location depends on multiple factors, but a poor choice will mean low financial rewards after project completion.Real estate is very local and the optimal locale depends on...
Venue selection & location concerns for real estate developers
For real estate developers, location selection is the prime consideration. Choosing an ideal location depends on multiple factors, but a poor choice will mean low financial rewards after project completion.Real estate is very local and the optimal locale depends on...
Will the SCOTUS online sales tax ruling impact small business?
The Supreme Court of the United States (SCOTUS) has taken into consideration the application of a state sales tax for online transactions in South Dakota v. Wayfair.SCOTUS has answered this question in the past. In 1992, the court addressed a similar issue in Quill...
Want to remove a shareholder? Here are three options.
A situation may arise when it is best to remove a shareholder that is causing discord within the organization. Shareholder removal is not an easy process. It is wise to read the following before seriously considering this form of action.Shareholder removal: First...
