Entrepreneurs have many opportunities available to grow their business. One strategy that business owners often contemplate is expansion through acquisition. There are various strategic reasons why businesses choose to merge with or acquire another business in their...
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Business Formation
Why is it important to address decisions in partnership agreements?
When business partners take on the business world together, they often know they will face challenges. It is inevitable. Business partners must create a Partnership Agreement (or similarly an Operating Agreement if the entity formed is an LLC) to tackle these...
Business owners must assess the risks of new ventures
Growing one’s business in a new venture can be exciting, as it allows businesses to diversify and increase sales as well as their consumer base. And in the current circumstances created by COVID-19, many businesses are getting creative on this front. They are moving...
Large mergers might carry the risk of litigation
Business mergers can be incredibly complex. It takes time and great care to negotiate a deal, navigate the legal process and merge businesses properly while reducing risks for both companies. The stress of a merger between two large companies might only increase if...
Incorporation 101: Incorporating your business
After several years of blood, sweat and tears, your business is a success. But getting your fledgling company off the ground was only the first step. Your company has all the potential to grow, which means you may want to consider the advantages of incorporating your...