In today's dynamic workplace, having a written employment agreement is essential for both employers and employees. These agreements go beyond being a mere formality; they serve as a cornerstone of clarity, legal protection, and mutual respect in the employment relationship.
If you’re thinking about buying a new business or selling your existing one, understanding the differences between share deals and asset deals is essential. The choice between these two approaches can have significant financial, legal, and operational implications for both parties. Here’s what every business owner needs to know.
Thinking of buying a new business or selling your existing business? Here are a few points to keep in mind when figuring out what structure works best for you.
Passing a business down the family tree is often difficult, especially with a business owned and operated by a company. With proper succession planning, you can pass on ownership and management of your carefully built business to younger family members – without conflict and with minimal tax consequences.
When you decide that it’s time to incorporate your business, you’ll be faced with a choice: do you file the incorporation yourself, online? Or do you pay a lawyer to do it for you? For many people, this choice comes down to price. Yes, you will save money by incorporating your business yourself.