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Business Litigation Archives

Top 9 "dos" when starting a business

Search the internet for startup business "do's and don'ts" and you may find more than two million results. Much of the advice from other entrepreneurs or business gurus is valuable, although some may be specific to a particular business or trade. When it comes to starting a business, there are some common steps to take to ensure your legal structure is sound. Here are some top "dos" to keep in mind if you are considering whether to start a business.

The pros and cons to consider before taking your company public

Business is good, but it could definitely be much better. You have some great ideas. The problem is that putting anything major into actions costs a lot of money. You've done the math, and you know that your best bet is getting some outside investors. Now you have a big decision to make. Should you ke the company public or stick to private investors? There are many rationalizations for either choice, so you will want to consider carefully. This is an overview of the pros and cons of going public.

How to protect your business with a buy-sell agreement

If you are not the sole owner of your business, then there are events that could threaten your future. Many of life's twists and turns could leave you without one of your partners for any number of reasons, a buy-sell agreement is a way to make sure you and your company are protected from the consequences of fallout.

Understanding the basics of a business divorce

If you thought starting a business was difficult, try ending one. There are a many reasons a business partnership might end and just as many ways to do it, but before you close the doors for good, there are some important proceedings you need to understand to avoid unintentional fraud, tax evasion or other tricky legal situations. In general, any time a business partnership ends, or divorces, it can be grouped into one of two categories: real or technical termination. Once you see which fits your circumstances, you can make an appropriate plan and move on to the next phase of your life.

How to determine if starting a franchise is right for you

For those who are interested in opening a business involving minimum risk, entering into a franchise agreement may be an option worth considering. However, a franchise includes a process many consider complex due to the legal considerations. It is important to remember that opening a franchise doesn't guarantee that your business will be a success, and there is still some degree of risk involved. When making your decision, it's important to consider the possible pros and cons of starting a franchise in order to determine if it's the right venture for you.