How to Prevent Commercial Litigation: Key Strategies for 2025
If your company does not have a policy to prevent commercial litigation, it’s a large unmanaged risk to your business. In 2024, businesses are navigating a complex landscape marked by market instability and evolving regulations. The surge in commercial litigation has become a significant concern for business owners and executives. Proactive risk mitigation through smart […]
How to Wind Up Your Small Business Efficiently
Winding up your small business involves a detailed process to ensure proper shutdown of your company and compliance with legal requirements. This includes business dissolution, or maybe bankruptcy, settling with creditors, and managing assets. Key steps include business valuation, liquidation of business assets, and paying off debts and taxes. You’ll need to handle inventory, terminate […]
LLC or C-Corp: Making the Best Choice for Your Business
Imagine you’re at a crossroads, with two diverging paths that lead to distinct business futures. Choosing between these paths by selecting between an LLC, a C-Corp, or maybe even an S corp, can set the trajectory of your business operations and your tax rates. Decisions shape destinies. While any corporate formation will provide you with […]
LLC Valuation: Understanding Membership Interest Value
In the competitive realm of business, determining the value of one’s stake in an LLC is indispensable. Accurately appraising this ownership percentage ensures equitable transactions, whether it’s a sale, buyout, or transfer. Failing to establish a fair valuation can lead to contentious disputes, undermining both financial interests and professional relationships. The LLC Operating Agreement should […]
Hiring First Employees: Must-Have Contracts for Your Growing Business
Starting a business is the American Dream and hard work. Growth is exhilarating. Only about 20% of businesses in the US have employees, and yours is ready to become one of the few that starts the hiring process Are you fully prepared to navigate the complexities that come with your expanding team? From job posting […]
Business Attorney: Safeguarding Your Company’s Interests
Enlisting a capable business attorney paves way for streamlined growth while negating potential legal disputes and higher fees that happen if you do not get a corporate attorney involved on your business. Need one? Discover why and how it matters. Equip your venture with invaluable insights on entity formation that every company needs a proficient […]
Avoid These 10 Mistakes Small Businesses Make in Business Law
Attention small business owners and shareholders! Don’t let legal mistakes undermine your success. In this blog post, we’ll explore the top 10 mistakes that small businesses often make in business law and provide valuable tips on how to avoid them. From not having a solid business plan to neglecting trademarks and patents, each mistake can […]
5 Common Legal Mistakes Every Small Business Owner Should Avoid
Creating and running a successful small business is difficult enough without having to worry about legal pitfalls. Unfortunately, many small business owners make costly legal mistakes that could have easily been avoided with a bit of foresight and education. In this blog post, we’ll take a look at the most 5 common legal mistakes every […]
How To Raise Money Through A Private Placement Memorandum
A PRivate Placement Memorandum (PPM) is a complex legal document that provides great detail into a company and offers a portion of its ownership for sale to an investor, often an Accredited Investor as defined under Regulation D for the SEC. Private Placement memorandums could be used to raise capital when a company cannot otherwise […]