business succession - Palermo Business Law Firm

Bust A Deal, Face The Wheel: The Ethics of Commercial Contracts

Short post today on the ethics of commercial contracts, enforcement, and wisely choosing with whom you do business. Those who have heard me speak at events and the seminars I host on business liability probably heard me say at one point, “Contracts keep honest people honest.”

March 30, 2023March 30, 2023

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.

July 30, 2019November 21, 2022

Corporate Debt, Collateral, and Security Interest

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.

July 25, 2019November 21, 2022

Selling a Business or Buying An Existing Business

Selling or buying a business: Start early so you can get the best price and plan for the tax consequences of the transaction.

July 11, 2019November 18, 2022

Business Succession Plan

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?

June 6, 2019November 18, 2022

Selling or Buying a Business

Buying or selling a business: start working with me early in the process to structure the deal to preserve capital and get the best selling or purchase price.

June 4, 2019November 14, 2022

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?

May 30, 2019November 14, 2022

Legal Risks Facing Your Business, and How to Minimize Them: Business Risk Management

Legal risks attack your business from every side: partners, investors, vendors, customers and employees. Listen how to identify and mitigate these risks.

May 28, 2019November 21, 2022

Corporation or LLC: Which Form is Best?

Corporation or LLC: it’s a question I get all the time. The answer is not so simple as going down a checklist though. You need to consider who will be making decisions, how profits will be split, what your personal tax situation is, and asset […]

November 19, 2018November 21, 2022

How to get profits out of your business

Money! Okay got your attention. The topic is how do you get money – profits – out of your business. It’s not as simple as sticking your hand in the register, or writing yourself a check, especially when there are multiple owners involved. There’s a […]

November 7, 2018November 14, 2022