corporate lawyer - Palermo Business Law Firm

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

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

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

Interim Succession Planning for business continuation

What is your business’s interim succession plan when a key owner or manager leaves unexpectedly? Here’s some information to get you started.

October 8, 2018November 14, 2022

Selling A Business Part 1: Selling Shares

Selling a business is a complicated business transaction, but depending on the nature of the business and the assets being transferred, there’s ways to make it go easier. It’s important that well before the actual sale date the business books and records are in order, […]

October 1, 2018November 21, 2022

Commercial loan: How Money Gets Into Your Business

All money that comes into a business goes into one of three categories: revenue, purchase of equity, or a commercial loan. That’s it, there’s no such thing as a “gift” to a business (although grants are not uncommon here in Asheville). It’s important to keep […]

September 25, 2018November 21, 2022

Commercial Lease basic elements – there is no “standard” lease

In 25 years working with businesses of all sorts, I’ve never seen a “form” or “standard” or “basic” commercial lease. Don’t let anyone tell you otherwise, especially the landlord trying to convince you to sign a lease without reading it or negotiating key terms. Every […]

July 26, 2018November 14, 2022