Business Law

You’ve spent a great deal of time researching your options for business formation, and you selected a modal that puts some legal distance between you and your company. So, why is a lender asking for a personal guarantee when you apply for a business loan? What’s a...

Do you have an excellent business idea? Maybe you’ve been working on starting up a company and have a sister or brother who wants to play a role in it, too. If so, you may be asking yourself if it’s a good idea to start a business with your sibling. The truth is that...

Obtaining a liquor license is an arduous process that is often fraught with all kinds of difficulty -- but losing your license can happen very, very quickly. Whether your business relies on its liquor license as an essential part of its services or you just use the...

Anyone can have a business idea, yet few people do something with their idea. One of the main reasons is that starting a business is challenging.   Rushing into starting a business is a mistake. You need create a solid foundation to grow upon. Skipping over steps at...

Business partnerships are a lot like marriages. When they work well, they benefit the people involved and everyone who interacts with them. When they start to fall apart, they can be a nightmare that causes financial loss and emotional strain.  No matter how much...

Contracts are the lifeblood of modern business. They help establish obligations between different companies and provide businesses with dependable services or materials. Committing your agreements with another business to writing can protect you. Sadly, some...

Generally, when someone wants to transfer ownership of their company, they sell it. Maybe you started the company from nothing and ran it for the last 20 years. Now you want to retire, and selling it gives you a nice influx of cash with which to do so. But what if...

When you started your business, you were operating out of your spare bedroom and had no more than a shoestring budget, at best. Things have taken off better than you ever expected, however, and you’re expanding. Could it be time to change from a sole proprietorship to...

When entities enter into a contract with each other, both parties are expected to fully uphold their end of the deal. Most contracts are completed without any issues. The times when the contract isn’t followed, there is a breach of contract. This can sometimes lead to...

If running your business has become more of a chore than a joy, you may dream of escape. Maybe you dream of a stranger walking into your office, asking you how much and signing a check on the spot. The truth is, selling a business is not that simple. Adequate planning...