Blog

Do you want to someday successfully transfer the family business to the next generation? Don’t wait until the later stages of a founder’s life to create a plan. Do it earlier, when time is on everyone’s side. Many plans require a significant number of years to allow for effective tax planning and proper integration of…

People who want to start their own business get excited at the prospect of being their own boss, seeing their ideas evolve into reality and earning large profits. But ask yourself: Do you have a good business plan?  Is the necessary funding in place? If a technology business, is your intellectual property protected? Do you…

Are you considering buying or selling an existing business?  Typically, businesses change hands by way of the purchase and sale of shares or the purchase and sale of assets. Do you understand the differences between these two methods? Do you know which method would be best for you? There are important strategies involved in negotiating…

An Overview of Cost-Sharing Agreements We often see professionals, like doctors, dentists, or accountants, come together with their own independent practices to form partnerships and corporations to share costs and manage their affairs. If you’re considering coming together to help reduce certain costs, but want to maintain independence and autonomy with your own practice, you…

Are you about to form a company with another person? Are you one of the shareholders of an existing company operating without a shareholder agreement? Then you should have a written agreement covering such things as: Rights and obligations of shareholders Restrictions on the sale of shares, and how a shareholder can exit the company…