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- How to Save the Family Business for the Next Generations
The Family Business Institute has reported that just 30 percent of family-owned businesses survive past the next generation, with only 12 percent making it to a third generation.
- Starting a Business in California? Read This First
It is no secret that nine out of ten start-ups failóthatís a full 90% of businesses that do not become profitable or are derailed for one reason or another. So what can you, as a prospective business owner, do to ensure you are one of the success stories?
- 6 Key Topics You Should Discuss With Your Business Lawyer Today
Here are the 6 Key Topics You Should Discuss With Your Business Lawyer Today.
- Should You Convert Your Florida Sole Proprietorship to an LLC?
A majority of American small businesses start out as sole proprietorships; however, once these businesses are launched and growing, it could better to change or convert the business to a limited liability company (LLC).
- Starting a Business with Your Spouse: Good or Bad Idea?
Entrepreneurs often wonder if starting a business with your spouse as a partner in the new venture is a good idea.
- 5 Steps for Starting Your Own Business
Are you dreaming of starting your own business? Maybe you hate the job you have now, or just hate the effect it has on your life. Maybe itís an overbearing boss or co-workers with whom you have nothing in common.
- Follow Corporate Formalities to Protect Personal Assets from Business Liabilities in Florida
Many people create corporations or LLCs, but never follow the corporate formalities Ė which leaves them extremely vulnerable to losing their personal property if a lawsuit is ever filed against the company.
- Letter of Intent to Purchase a Business
So, what are the benefits of using a letter of intent when purchasing a business? This article explores that question and provides practical tips for both buyers and sellers in the context of a private sale.
- Non-Compete Agreements in California
A non-compete agreement or covenant not to compete is a legal agreement in which one person, usually an employee, agrees not to compete against the business for a certain amount of time. California has very specific rules regarding such agreements.
- Succession Planning for Owners of a Family Business
If you own a small business, there is probably at least some part of you hoping to pass the reins on to one or more of your children. After all, spending so much time and effort on something thatís not going to last doesnít sit well with most entrepreneurs.