Blog
Categories
Send Us An EmailWhy a Buy-Sell Agreement Is Important for Your Business
Posted: Dec 15, 2022
Any business
partnership where two or more people share ownership, including LLCs,
shareholders in a corporation, and partners in a partnership, should have a
buy-sell agreement. This legally binding contract outlines what happens when an
owner dies or wants to leave the business and can help to prevent disagreements
between the remaining owners.
Without a buy-sell
agr...
How To Choose The Right Partner For A Joint Venture
Posted: Dec 15, 2022
As a business owner, you will want your business
to grow and trump your competitors. But most of the time, you can only wish for
things like this. The real challenge is how you intend to actualize all these
dreams.
In the business world, there are various methods
a business owner can use to expand his business further. And one of them is a
joint venture.
So, What Exactly is a ...
5 Mistakes to Avoid When Choosing Your Business Entity
Posted: Nov 30, 2022
As someone who is probably new to the business
world, some unfamiliar terms are likely to come across during your
entrepreneurial journey. And one of them is a business entity. But before we explain
what business entities mean and why they are very important, we need to let you
know that understanding these unfamiliar business terms will go a long way in
helping you navigate the business ...
The Ultimate Guide to Building a Board of Directors
Posted: Nov 30, 2022
Whether you're just
starting in business or looking to take your company to the next level,
assembling a board of directors can be key. A board of directors is a very
important part of any business. Even more so for startups with big aspirations.
But what does it take to put together an effective board, and how can you get
the most from your team? This ultimate guide will tell you everyth...
My Employee Is Setting Up a Competing Business. What Are My Options?
Posted: Nov 14, 2022
The notion that
competition is good for business may apply only to customers or consumers.
Truth be told, as a business owner, the last thing you want is fierce
competition. It gets even more complicated if the competitor is one of your
current or ex-employees.
As a business owner, if
you are faced with a situation where a current or past employee of yours is
just se...