Updates In Our World

Get the inside scoop on what’s going on in our world, as well as some tips and tricks for handling situations across some of our focus areas.

Buying a Business with Real Estate

Buying a Business with Real Estate

Buying a business and purchasing real estate are two very different investments. Business ownership typically requires some management skills and knowledge about market conditions, consumer trends, staffing, and finances. Ownership of real estate, on the other hand,...

Changing Your Business’s Legal Structure

Changing Your Business’s Legal Structure

Over time, your business can undergo significant changes. What may have started as a humble, one-person operation can grow into a more complex company, with multiple owners, employees, an evolving mission statement, and increasing risks. As the scope and goals of your...

Economic and Legal Considerations for Short-Term Rental Businesses

Economic and Legal Considerations for Short-Term Rental Businesses

Platforms such as Airbnb and VRBO have disrupted an industry once dominated by hotels and resorts, allowing individuals to open their homes and residential properties to travelers. The boom in short-term rentals has created new opportunities for investors who want to...

How to Prepare Your Business for an Economic Slowdown

How to Prepare Your Business for an Economic Slowdown

Financial winter is coming. Or is it? Despite renewed optimism that the US economy can avoid a deep downturn, economists say the chances of a recession in 2024 are still about even. Small businesses are feeling the pain from high inflation, declining consumer...

What Is Due Diligence When Buying a Business?

What Is Due Diligence When Buying a Business?

Due diligence is the process of obtaining and verifying information about a company or person in preparation for a business transaction, such as an acquisition, merger, or potential new business partner. Generally, due diligence provides information about the company...

SECURE 2.0 Tax Credits for Small Business Retirement Plans

SECURE 2.0 Tax Credits for Small Business Retirement Plans

America is in the midst of a retirement savings crisis. Many people are not saving enough to replace their income in retirement, and some have no money saved for retirement. Employer-sponsored retirement plans enable people to save for retirement, but many...

Essential Parts of Every Contract

Essential Parts of Every Contract

Contracts are the foundation of modern business relationships. Contract law as we know it today originated in English common law, but contracts have been around since ancient times. Many of the earliest examples of contracts in history have the same...

Start the New Year with a SWOT Analysis for Your Business

Start the New Year with a SWOT Analysis for Your Business

Businesses require periodic evaluation to remain on track to achieve their big-picture goals. The new year is an ideal time to reanalyze, reassess, and reprioritize moving forward. A SWOT (strengths, weaknesses, opportunities, and threats) analysis provides a...

When an LLC Is Not the Best Fit

When an LLC Is Not the Best Fit

Business owners who are interested in forming a new limited liability company (LLC) or converting their existing business to an LLC are probably familiar with the benefits of this entity type. While the LLC is a great fit for many companies, there are situations in...

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