Forming a partnership is one of the best ways to conduct business. It allows owners to pool their resources and knowledge so they can work together for the benefit of each other and the company. By the same token, many partnerships have fallen apart due to conflict and disagreements. Partnership disputes are...
Many entrepreneurs dream of watching their children take up the family business and continue their legacies. These generational transitions are never easy, however. They come with not only emotional but plenty of legal challenges as well. Seder Law has Estates & Trusts attorneys who work hard to make the handover...
Whether you are starting a new business or already doing business in Massachusetts, you’ve probably wondered about a way to brand your business so it stands out from the crowd. Sure, you can use your own name or that of your entity. But, you may have chosen that name to reflect ownership,...
Limited Liability Companies (LLCs) have quickly become one of the most popular forms of business entities here in Massachusetts. Combining some of the best aspects of partnerships and corporations, LLCs allow you to craft an entity that can serve many different purposes while helping to shield your personal assets from business creditors....
Business succession planning involves implementing strategies to determine who will take over and run a company after its current leadership is no longer in charge. Developing a business succession plan is a key step in protecting a company’s legacy and ensuring its future is in good hands. Every organization can benefit...
A business succession plan is like an estate plan for a business. These are especially useful for family-owned and closely-held companies which would otherwise have no procedure for replacing leaders who die, retire, or become incapacitated. With the right plan in place, your company can continue to operate smoothly with...
As a small business owner, you want to do everything in your power to ensure your continued success. While much of this success will depend on the decisions made during your formation and the business strategies adopted going forward, it will also depend on your ability to ensure compliance with all applicable regulations --...
Starting a new business is a daunting prospect. There are a multitude of issues that all must be dealt with simultaneously. You have to have the idea and the concept for your new business. There are the mechanics of obtaining sufficient funding, whether through traditional banks, venture capital or new forms like crowdfunding with...
