While lawyers have long talked to their clients about the benefits of estate planning to prepare for their inevitable exit, they often fail to discuss the benefits of business succession planning to prepare for their eventual, but less dramatic, exit from their...
Like marriage, entering into a business relationship is often easier than exiting from one. The same planning and forethought used when entering into business relationships and creating a business should be applied in ending those relationships and businesses. Like...
With the downturn of the economy and its slow recovery in many business sectors, certain businesses or portions of businesses may no longer be profitable or able to hold on until better times return. While the pressure of creditors and an unprofitable business...
In response to the increased collection and use of private information, federal and state governments enacted a plethora of laws, rules and regulations to protect private, personal and business information. While there is no comprehensive statute, rule or regulation...
Businesses need to recognize that today’s workforce is mobile and that competitors often seek to increase market share by hiring away employees that possess and will disclose confidential information to their new employer. This is particularly true when the economy...
The name you select for your business or other organization can become a valuable asset, an unexpected liability or a valuable asset for a competitor. Avoiding liability and protecting your name or logo is generally not expensive or difficult, but the problems that...