A Limited Liability Company is an excellent and flexible way to structure a small business, but because everyone's business and personal situation is unique, it may or may not be the right structure
May 4 - 8, 2015 is National Small Business Week. According to the U.S. Small Business Administration, Small Business Week has been recognized every year since 1963. This week “recognizes the critical contributions
Sooner or later, every church deals with the purchase or sale of real estate. As you might expect, this process is a little different than buying or selling a home. Much of this
1. What is a Limited Liability Company? A limited liability company or “LLC” is a business entity that is designed to offer co-owners of a business who make a proper filing with the
When buying or selling a business there are a number of issues to consider and ultimately resolve in order to ensure that both parties receive what they have bargained for and to make
If you set up a Revocable Living Trust (What is a Living Trust?) for estate planning purposes, you probably did so with the belief that it would make administration of your estate easy,
If you are like me you get to the last few months of the year and think about how to give gifts to your children or others that you love. Funny… the IRS
If you are Men’s Wearhouse, Inc, the answer is a big fat NO! Earlier this week, rival company Jos. A. Bank Clothiers, Inc. offered Men’s Wearhouse $2.3 billion to buy them out. Men’s
One of the most important considerations in a Buy-Sell Agreement is the valuation method to determine the price at which a business owner may, or is required, to purchase the departing owner’s interest.
In my previous blog post entitled Protect Your Virginia Business with a Buy-Sell Agreement, I wrote in depth about the three essential terms of a buy-sell agreement. I coined the second element as
