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Choose Your Own Adventure Contracts
October 30th, 2024
I have always been an avid reader. As a business attorney, reading is a big part of my day—contracts, articles, blogs, letters, business books, statutes, and more. But when the workday ends, I still love to curl up with my Kindle and read for fun (…
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Categories: Business Contracts
Winning as a Team
October 24th, 2024
Building Success Through Collaboration As a volleyball parent, I spend countless hours sitting on uncomfortable gym bleachers, watching game after game, and observing the dynamics of good teams. Success does not rest on the skill of one player alone;…
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Categories: Purpose-Driven Business
Template Agreements: The Starting Point, Not the Finish Line
August 13th, 2024
In the fast-paced world of small business, efficiency is everything – but when it comes to legal agreements, are you making the most of your templates? Legal agreements should reflect these priorities while safeguarding the interests of the busines…
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Categories: Business Contracts
Overcoming Obstacles
March 18th, 2024
On January 1st, I set a goal to run at least 1 mile every day for a month to better manage stress and enhance my overall health. What began as a short-term resolution has evolved into a 78-day, 160+ mile journey, filled with unexpected hurdles. My ru…
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Categories: Business Contracts
Protecting Shareholder Assets: Leveraging the Corporate Minute Book
January 18th, 2024
This article explains the essential role of the corporate minute book in safeguarding corporate shareholders from personal liability. The contents of a corporate minute book serve as a powerful tool that establishes and reinforces the crucial separat…
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Categories: Corporate Governance
Avoiding Effective Date Confusion
October 4th, 2023
Imagine that… Three years from now you want to terminate a contract for your business. The termination clause is clear — written notice must be given to the other party at least 30 days before the third anniversary of the Effective Date. You…
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Categories: Business Contracts
6 Tips for a Less Stressful Small Business Acquisition
June 13th, 2023
Buying or selling a small business can be a stressful, complex, and time-consuming process. Here are 6 tips that can make the process go smoother. Seek professional guidance. A qualified third party, such as an attorney, broker, escrow agent, or some…
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Categories: Acquisitions
NEGOTIATING PAYMENT TERMS
October 28th, 2022
Payment terms may seem relatively straight-forward but can lead to potential issues if not dealt with up front in a contract. Fees and Payment Terms Rarely do parties disagree whether a contract should include the amount of fees a customer would pay…
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Categories: Business Contracts
A ROADMAP FOR SMALL BUSINESS ASSET PURCHASE AGREEMENTS
May 24th, 2021
Asset purchase and sale transactions may be complicated, with hundreds of pages of contracts, schedules, exhibits, and appendices. Or transactions may be relatively short, with just a few key documents. Either way, each acquisition is unique and vari…
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Categories: Acquisitions
RED FLAGS IN ACQUISITION TRANSACTIONS
April 16th, 2021
Generally, small business acquisition transactions can be separated into two buckets: Bucket One. From start to finish, the transaction stays the course. There are some hiccups along the way but the parties (including the attorneys – gasp!) all…
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Categories: Acquisitions