VOLUNTEER IMMUNITY FROM LIABILITY IN THE AGE OF CORONA
With the Covid now is a good time to review the volunteer immunity statutes that protect those who give service to charitable organizations.
Author: Michael Palermo
BANKRUPTCY OR DISSOLUTION: TIME TO CLOSE IT DOWN
With the virus crisis just starting, business owners need to think about whether it’s time to file bankruptcy or dissolve their business for the duration
Succession Plan Article in Capital At Play
Financing your business succession plan – part two of my succession series published in Asheville’s Capital At Play magazine. Read it here or pick up a copy at your favorite local business.
Investing In Your Own Business: Commercial Loan or Equity
Investing in a business can be either a purchase of ownership, also known as equity; or a loan to the business. Know which one you’re making before you turn over your money, so that you know what risks of loss of capital you’re facing and know what to expect in return.
Security Interest, Corporate Debt, and Collateral
At some point your business may have to incur corporate debt in order to fund operations like payroll or purchase of raw materials; expansion; or a partner buyout. Here I discuss corporate debt, collateral, and security interests.
Asset Purchase Agreement: Selling or Buying a Business
The asset purchase agreement is a way to buy the good parts of an existing business while leaving the liabilities or undesired assets behind for the seller.
Business Succession Plan – Do You Have One?
Business succession planning. You’ve planned to start your business, you’ve planned to grow it to a success. Have you planned on how you’re going to leave it?
Franchise: The Basics of Expanding Your Empire
Franchise: Is this the best option to expand your business? Or are there other ways to grow and become profitable?
Legal documents your business needs
What legal documents does your business needs to work with outside parties like vendors, customers, landlords? I also talk about commercial loans and personal guarantees in this article and podcast.
Employees and independent contractors effect your business
I discuss the difference between an employee and an independent contractor; what makes an employee “at will” or a contract employee.