Purchasing a business is a major investment. Although the potential rewards may be enticing, there is always a chance that the decision could prove financially unwise. Before acquiring a business, it’s imperative to carefully weigh the possible benefits against the risks. Doing your homework starts with asking the right questions and patiently...
Category: Business Law
ADR: Why It Works And Why It Doesn’t Work
No civil litigation matter is complete without a consideration of alternative dispute resolution, or ADR. That’s because most civil cases will settle outside of court, due in many instances to the successful use of an ADR procedure. However, ADR is not the solution to every civil dispute. There are some cases...
Business Succession Plan Checklist
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 the...