Every organization, whether large or small, will likely face moments of change at the top. This could be due to retirement, unexpected illness or a sudden departure. Yet, despite this reality, many companies delay or completely overlook one critical safeguard:...
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Business Law
Why a business partnership agreement is essential
Starting a business with a partner can be exciting. However, without a solid agreement in place, things can go wrong. A business partnership agreement helps set clear expectations and avoid disputes. Below are some crucial points to remember. Clarifying each...
3 important rights that protect minority shareholders
Minority shareholders can play a key role at a thriving business. Individuals who have invested in the company provide it with revenue. They also help ensure that a diverse group of people make decisions about the future of the organization. As is the case with any...
What happens to a small business after an owner’s death?
Creating and growing small business can be a point of pride for an owner. Their hard work and dedication to customer satisfaction are likely what led to the company's success. As such, many business owners want their companies to persist even after they die. They feel...
What you need to know about intellectual property
In today’s world, anyone working online should prioritize protecting their intellectual property (IP). Whether you are a small business owner, a digital content creator or an entrepreneur, the risk of your IP being stolen or misused by others is a growing concern....
The benefits of starting a business in Nevada
Starting a business can be thrilling, and choosing the right location is a pivotal decision. Nevada, known for its vibrant cities like Las Vegas and Reno, is a tourist destination and a business hub with unique advantages. Consider these points to determine if Nevada...
Top considerations when preparing for a merger or acquisition
Someone who owns or runs a business that has proven successful may want to plan for rapid expansion. A merger with another company is one way of facilitating relatively quick growth. An acquisition or purchase of another organization could also lead to much faster...
The right business formation can protect your assets
Before starting a business, you must know which business formation fits best with your operations and management directions. You have a concept in mind, and your entity should represent it accordingly. However, businesses can face legal liabilities and financial...
What should be in a partnership agreement?
Some business partnerships seem perfect until they encounter challenging situations or disputes that seem impossible to resolve. However, some circumstances could be inevitable, especially when the business involves multiple entities with various functions in...
Why Nevada is a great state in which to start a business
Starting a business requires careful planning, including the selection of the right location. All too often, entrepreneurs prioritize immediate proximity to their current location over the best location possible given their business model. Sometimes, those wanting to...
