A Limited Liability Company is an excellent and flexible way to structure a small business, but because everyone's business and personal situation is unique, it may or may not be the right structure
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A Limited Liability Company is an excellent and flexible way to structure a small business, but because everyone's business and personal situation is unique, it may or may not be the right structure
Determining whether a trust account is right for you depends on your situation and what you plan to do with the money that will be put into the trust. Trusts can provide excellent
1. What is a Limited Liability Company? A limited liability company or “LLC” is a business entity that is designed to offer co-owners of a business who make a proper filing with the
When buying or selling a business there are a number of issues to consider and ultimately resolve in order to ensure that both parties receive what they have bargained for and to make
If you are Men’s Wearhouse, Inc, the answer is a big fat NO! Earlier this week, rival company Jos. A. Bank Clothiers, Inc. offered Men’s Wearhouse $2.3 billion to buy them out. Men’s
One of the most important considerations in a Buy-Sell Agreement is the valuation method to determine the price at which a business owner may, or is required, to purchase the departing owner’s interest.
In my previous blog post entitled Protect Your Virginia Business with a Buy-Sell Agreement, I wrote in depth about the three essential terms of a buy-sell agreement. I coined the second element as
Do you own a small business or plan to start a new business with a partner/co-owner? Have you considered what will happen in the event of your death or your business partner’s death?
As you probably know, Congress avoided the so-called fiscal cliff by passing the American Taxpayer Relief Act of 2012 (the 2012 Tax Act), signed into law by the President on January 2, 2013.
[image_frame style="framed_shadow" align="left" title="Chair on Dock"]/wp-content/uploads/2012/02/Rocking-Chair-at-Beach.jpg[/image_frame][dropcap4 variation="red"]I[/dropcap4]t's not uncommon for friends or business partners to get together and purchase a piece of investment property or even a vacation home with the idea of
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