Mar 11, 2025 | business attorney, Contract, Contract updating, Small business, Transactions
Why Companies Should Regularly Review and Update Their Template Contracts In today’s fast-paced business environment, companies rely on template contracts and standard documents to streamline operations, reduce legal costs, and ensure consistency. However, failing to...
Jan 31, 2024 | Corporation, LLC, Medium-sized business, Small business
Corporate Transparency Act: New Reporting Requirement for Companies The Corporate Transparency Act (CTA) took effect January 1. The Act is aimed at promoting transparency and preventing illegal activities such as money laundering and terrorism financing through the...
Jan 10, 2023 | Agreements, Contract, Indemnification, Limiting liability, Medium-sized business, Small business
Indemnification: what it is, and why you should care In this blog post I want to discuss an important provision in many business contracts, but one that businesspeople usually skip over. This is the indemnification provision. Indemnification is a big topic, far too...
Jan 5, 2022 | business attorney, Entrepreneurs, Small business, Small Business Administration, Startups
The “Great Resignation” and Entrepreneurship We have all heard about the so-called “Great Resignation,” the millions of people who have quit their jobs during the course of the pandemic in 2020 and 2021 (4.2 million in October, and 4.5 million in November...
Nov 14, 2021 | Agreements, Small business
Shareholders are owners of a corporation, whether a large public corporation like Apple or a small, private corporation started by two or three people. Their level of ownership depends on the amount of stock they own. A shareholder agreement is an important contract...
Oct 26, 2021 | Asset Purchase, Corporation, Small business
If and when you intend to buy another company, you have a decision to make. Should you purchase the company’s shares or its assets? As a buyer, there are advantages and disadvantages to both. A Share Sale Buyers consider this an option when they are purchasing an...