Let’s talk about 50/50 partnerships. Structuring a business as a 50/50 partnership can have several advantages, such as shared decision-making power and equal distribution of profits and losses. However, there are also potential problems that partners may encounter with this structure.
Most financial lenders have a library of loan documents they can prepare in-house, and they are typically familiar and comfortable with those documents.Moreover, “form” loan documents usually integrate with the lender’s other systems, such as for loan administration, offering efficiency and reducing risk of data entry
Whether you live in a town home, condominium, multi-unit dwelling or own a time share, most of you are part of a Homeowners Association (“HOA
Many entrepreneurs and new business owners start out their venture with a passion, eager to build upon their vision and put in the work necessary to grow their business into a success.
You have spent years creating a company. You have put in sweat, money, time and energy into building a legacy for your family and community. But now it’s time to hand over the reins. Are you ready? The Baby Boomer generation is in the process of retirin
So you have made the decision to start your business and begin down the exciting path of entrepreneurship. You’ve determined your product or services, researched the market and developed your plan. Now, before you can take the next steps toward making your dream a reality you must determine how you will form your business entity…
As we enter the final month of the year and excitement grows for the holiday season many people may not realize December also holds a special designation for business owners and aspiring entrepreneurs. It is National Write a Business Plan Month.