Entrepreneurs looking to sell their small business will negotiate a number of terms as part of the sale agreement. In many situations, a buyer will insist on an earn-out provision. What is an earn-out provision? These provisions are generally one portion of a two-part...
business law
US Supreme Court strengthens arbitration requirement for business disputes
A recent case digs into the details of arbitration agreements. The case involves a review of an arbitration agreement and an analysis of the Federal Arbitration Act (FAA). The FAA requires courts to enforce arbitration agreements based on the terms provided within the...
Three ways business owners invalidate incorporation protections
Entrepreneurs with business savvy know the power of incorporation. Businesses that are incorporated with their state as a limited liability company (LLC), C Corporation or S Corporation offer protection from liability to their owners. The business structure generally...
Three times when a nondisclosure agreement is the right thing to protect your company
One of the most often used agreements in business is the non-disclosure agreement, or NDA. Almost any business has confidential information that it wants to keep from competitors. NDAs are an excellent resource for owners to set expectations for employees, potential...
Considering an Acquisition in 2019? Three Due Diligence Tips.
Business growth can occur in many different ways. Those who are considering a merger or acquisition to jump-start their growth in 2019 can benefit from the following tips. Why business owners may consider a merger or acquisition: Acquiring or merging with another...
Business succession planning: A few things to think about to get you started.
If you are like a lot of business owners, you have put in countless hours over a number of years to build your business into the enterprise it is today. You've put in way too much time and effort to let your business wither or fall into the wrong hands when you...
Business law: Synnex expands global reach through acquisition
Acquiring another business is an excellent strategy for expanding your customer base or increasing sales. In theory, these moves are great. In practice, things can get somewhat more complicated. To ensure a successful acquisition, Connecticut owners should be certain...
