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?
Tag: limited liability company
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 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.
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 […]
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 […]
Business Succession Planning: Why?
Does your business have a plan to continue operating if a key owner unexpectedly leaves? Don’t leave succession to chance. It’s not just for majority owners, but minority owners are served by having a plan in place.
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.
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, […]
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 […]
Board of Directors for Your Corporation: Statutory Authority
Your corporation is required by statute to have a board of directors. But why, and what do they do? Find out in this quick video.