Mar 17, 2025 | Business & Corporate
A franchise is a form of business that already has an established product or service. With a franchise, the owner (franchisor) enters into a contract with another (franchisee), who acquires the right to operate the franchised business with the benefit of the...
Jul 1, 2024 | Business & Corporate
There are two basic ways to sell a business: a stock deal or an asset deal. In a stock deal, the owners of the selling company sell their equity interests to the buyer, whereas in an asset deal the seller business entity sells all its assets to a buyer entity. After...
Jun 12, 2023 | Business & Corporate
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its final rule on the reporting requirements of beneficial ownership information under the Corporate Transparency Act (CTA)* on September 29, 2022. The final rule will become...
Dec 21, 2022 | Business & Corporate
Planning makes all the difference. Leaving the vacation property to each of your children in equal shares, without addressing all of the complexities of co-ownership, maintenance costs and the potential for serious disputes among the owners is not a plan. Somebody...
Dec 15, 2021 | Business & Corporate
A buy-sell agreement provides for the orderly transition of a business when unforeseen events occur. Imagine a scenario in which there are two women who co-own a business. One of the owners unexpectedly passes away. A few months after the co-owner’s passing, the...
