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Acquiring a business can be a lengthy process. It can also be an exciting one, and there are a few things to consider before jumping in with both feet.To avoid discovering nasty surprises after the purchase, you should consider the following before acquiring a...
If a former employee is using what they learned from you to compete with your business, you need to take effective action. Ideally, you would have a valid noncompete agreement in place, but the courts don't always uphold these. What issues make them unenforceable and...
Starting a business with a new partner can be an exciting time. After a while, however, the relationship can get complicated.Some conflicts between partners are simply part of working with other humans. Some disagreements can even be good for the business, because you...
There are many advantages to investing in the commercial real estate market. The industry can provide an opportunity for entrepreneurs to go out on their own, to move away from the traditional grind of a traditional office job and start their own venture. Those who...
The Internal Revenue Service (IRS) will release a new and allegedly improved Form W-4 in the near future. The agency states the changes will help better ensure Form W-4 is in line with the 2017 Tax Cuts and Jobs Act (TCJA). The changes could mean complications for...
Business owners looking to merge or acquire another business are wise to conduct a business valuation of their target business to get a better understanding of the target's economic value. Unfortunately, business valuation is not an exact science. There are many...
Creative entrepreneurs and investors dream up as many plans to grow their wealth as their imaginations allow. But only a narrow segment of those plans will fit through the special "like-kind" tax deferring provision built into the revised U.S. tax code.Investors have...
Intellectual property is a niche area that involves legal protections such as patents. Patents reward the patent holder with protection against others stealing their ideas. One argument in favor of these protections argues they encourage innovation by rewarding the...
As a commercial landlord, your biggest focus may be getting solid tenants into vacant space. Idle property can be expensive.However, when it comes time to rent commercial property, many landlords don't spend enough time making sure their form lease is favorable to...
Starting a business takes more than just a passion for a market idea. A successful entrepreneur must also have a bit of business acumen. One area to understand: when your business needs to incorporate or form an LLC or other type of entity. What is a certificate of...