Turning Challenges Into Solutions
Estate planning can feel overwhelming and intimidating. As you create your plan, you will need to consider who will execute your will after you pass. Don’t hesitate to reach out to a legal professional to make the process easier. What does a personal representative...
Although a lot of people talk about the decline of small businesses in America, fewer have clear ideas on what to do about it. Now, a major new change to the Chapter 11 bankruptcy code might help some small business owners who could not qualify for debt relief before,...
Buyers have much to consider when purchasing a business. Depending on the circumstances, a new owner might have concerns that the seller may give the business to them, only to set up shop a few streets down. However, buyers can enforce a noncompete agreement, which...
Owners have a lot to consider when building their business. Some begin by creating innovative products and mapping out their ideal business model. Doing both are important steps in laying a solid foundation, but they can’t be done without having the appropriate...
Businesses often have to share private information with other parties. However, they must do so safely. One way companies can protect private data is through nondisclosure agreements. NDAs can make sure intimate details like a business’s performance, intellectual...
A home can be one of the most significant purchases a person makes in their lifetime. Unfortunately, the stresses and anxieties often caused by this decision can drive some to walk away from the deal entirely. According to a recent report, approximately 32% of...
During an age when cyberattacks occur on a regular basis, it’s critical for business owners to understand the risks and take control of their security to protect themselves and their clients. Taking proactive measures to address security vulnerabilities also shows...
There is a big question often on the mind of a business owner: How can I ensure my trusted loved one will be able to take over this company, a prized legacy that has supported our family for so long? Finding a suitable answer is often a critical part of estate...
Bankruptcies among seniors is growing rapidly. In 1991, bankruptcy filings for those 65 and older made up 2% of all claims while today senior bankruptcies are at 12%. A recent research paper by Indiana Legal Studies says safety nets for older Americans have shrunk...
Businesses can suffer from the accumulation of debts relatively quickly. This is primarily because many external factors can affect a business' success. Even if a few months ago your cash flow was healthy, you may have fallen into debt fairly swiftly due to a...