Practical. Knowledgeable. Experienced.
One way to better ensure a successful business venture is to avoid common mistakes. When it comes to real estate joint ventures, some common mistakes that can result in serious headaches include:Failure to clarify responsibilities. It is wise to clearly state each...
The Federal Bureau of Investigation (FBI) released a publication to inform the public of a scam that specifically targets real estate transactions. As a result, the agency has encouraged vigilance before moving forward with a real estate transaction.What is this scam?...
If structured wisely, a non-compete agreement can result in a strong agreement that protects business interests while also being fair to employees. A failure to carefully draft the agreement increases the risks the document will not survive a legal challenge. A case...
With the right intellectual property, entrepreneurs can flourish in their market. Since intellectual property can play such a large role in a business' success, it is wise to take steps to protect this technology. One way to achieve this goal: a patent.Here are three...
Alibaba Group Holding Ltd. is one of the largest and most successful businesses of our time. This e-commerce giant has provided a number of lessons for entrepreneurs. One of the most recent: how to successfully execute a business sale or succession plan.The...
Building a business is difficult. Succession planning can be just as challenging.Why does my business need a business succession plan? A proper succession plan helps to better ensure a smooth transition. As with any plan, knowing the most common mistakes can prove...
When chosen wisely, the right business structure helps to provide liability protection and can offer tax advantages. Certain changes can trigger a need to reevaluate the chosen structure. One such trigger: a change in tax law.Rarely is there as large a change to tax...
For the past several years, you have probably seen empty retail space with for lease or sale signs in increasing frequency. Since the Great Recession and widespread adoption of online shopping, retail properties from suburban strip malls to substantial regional...
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...
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...