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10 Step Checklist for Selling Your Business
Planning to sell your business? Follow this 10-step checklist to navigate the business sale process, from preparing financial records and obtaining an accurate valuation to finding a broker, negotiating terms, reviewing letters of intent, completing buyer due diligence, and closing the transaction. Learn how proper planning can help maximize value and minimize legal risks.
10 Step Checklist for Selling Your Business
Selling your business requires careful preparation, valuation, negotiation, and due diligence. Follow this 10-step checklist for selling a business, from deciding when to sell and finding the right broker to reviewing the LOI, preparing for buyer due diligence, negotiating the purchase agreement, and completing a successful closing and ownership transfer.
Year-End Contract Review: Renegotiate Before Prices Rise
Year-end is the ideal time for businesses to review contracts before automatic renewals and price increases take effect. Learn how to identify expiring agreements, negotiate better terms, evaluate changing business needs, and reduce legal and financial risk. A proactive contract review can save money and strengthen your business for the coming year.
LLCs vs. S Corporations vs. C Corporations: Choosing the Right Entity for your Business
Choosing the right business entity is essential for tax planning, liability protection, and long-term growth. Compare LLCs, S Corporations, and C Corporations to understand their tax treatment, compliance requirements, ownership rules, and advantages. Selecting the appropriate structure can help protect your business, reduce taxes, and support future expansion and investment.
Protecting Your Business from Costly Legal Pitfalls and Setting Yourself Up for Success
AI tools can boost efficiency, but they can also create legal liabilities if not managed correctly. Learn how AI interactions may form binding contracts under the doctrine of apparent authority, exposing your business to risk. Discover proactive steps and legal strategies to protect your company from costly pitfalls while leveraging AI safely and effectively.
New Laws Against Law Discrimination
New Jersey Governor Phil Murphy has just signed a bill amending the State’s workplace bias statute by expanding protections against age discrimination. Then came a new law that eliminates a provision of the New Jersey Law Against Discrimination (NJLAD) that permitted employers to refuse to hire or promote any persons over 70 years old.
