Posted on: May 8, 2025
Starting a limited liability company (LLC) is an exciting step for any entrepreneur. Whether you have a single-member or multi-member LLC, an operating agreement is one of the most crucial documents for your business. While most states do not require an LLC to have an operating agreement, it can provide significant benefits and help avoid […]
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Posted on: May 5, 2025
Starting a business is a significant life decision, but deciding when and how to sell the business may be even more consequential for small business owners. Before selling a business, the owner will likely carefully consider the timing and other important decisions: How do I get started? Is the market right? What price should I […]
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Posted on: June 27, 2024
You started your business as a labor of love, nurturing it through those challenging early years with grit and personal sacrifice. Over time, that seedling grew into a thriving enterprise through your sheer force of will and hands-on leadership. In the midst of this journey, how could you possibly contemplate the notion that replacing yourself might […]
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Posted on: May 30, 2024
A company shareholder agreement is a contract between the shareholders of a corporation that outlines each shareholder’s rights and responsibilities and their obligations to one another and the corporation. Shareholder agreements, also known as stockholder agreements, are optional but often used by closely held corporations with a limited number of shareholders and concentrated ownership. In […]
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Posted on: May 9, 2024
You have spent years building your business, but eventually, you must sell the company and exit. While many business owners choose to keep the company in the family, that is not always realistic. Family members may not have the interest or skills needed to run the business. In such cases, selling the business to an […]
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Posted on: April 25, 2024
For many business owners, their business is one of the most valuable and important things they own. When it is time to create an estate plan, business owners must plan for their business just as they would for their home or finances. Effective business succession planning ensures a seamless ownership transition upon the potential occurrence […]
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Posted on: April 4, 2024
Starting a business requires a great deal of planning and execution. Exiting from your small business should entail similar forethought and preparation. Nevertheless, some surveys indicate that nearly half of business owners have no exit strategy.[1] After years of expanding your business, you may be at the point where the finish line is getting close. […]
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Posted on: March 21, 2024
Selecting the individual to lead your business after you step down is a huge decision. There are several common mistakes business owners make when choosing a successor. It’s not merely about finding someone who mirrors your personality or whom you favor personally. Instead, the crux lies in identifying a successor with the right qualifications, vision, […]
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Posted on: December 4, 2023
Being self-employed is no easy task. You are the owner and, in some cases, the only employee. While you may have more freedom than the average worker, many responsibilities lie on your shoulders. Working together, we can craft a comprehensive estate plan that will help you address three critical concerns you may have. Protecting Your […]
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