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When a business begins struggling, those in leadership positions often have to make difficult decisions. Sometimes, downsizing can help a company overcome a period of temporary financial hardship. Reducing the number of facilities the company operates or laying off...
You’ve worked hard to bring excellent talent to your business over the years. You’ve recruited skilled workers, bringing in both those with experience and younger workers who have a more recent set of skills. The success your business has had is largely due to the...
For business people, commercial real estate provides a significant opportunity for investment and growth. However, the commercial real estate mortgage space is wrought with fraudsters, often leading to disputes that can jeopardize both financial stability and...
Insuring your property or business against the unexpected is meant to act as a safety net when disaster strikes. Therefore, it can be frustrating and financially stressful when your claim is denied despite being current with your premiums. Insurance companies don’t...
Are you looking to start or join a business partnership? This could have great potential for you and your business. It can benefit you to make an agreement before agreeing to start a partnership. Here is what you should consider adding to this legal arrangement: ...
Most people putting together estate plans expect their legacy to be a positive one. They might decide to leave specific property for individual family members or may provide instructions to divide the estate according to their overall value. There are advantages and...
A contract can be an overly complex thing. You must follow it to the letter, as a violation can hold you or the other party liable. The agreement is also supposedly only between parties specified in the contract. Suppose a willful and intentional interference by a...
Raising business capital is an important undertaking for startups and growing businesses alike. However, when interest rates are high, the cost of borrowing goes up, which means that it can be far more challenging to secure affordable financing. With this said, there...
Every business goes through good times and bad. And sometimes the bad lasts a little longer than expected. But you know things will turn around, and you just need some extra time to catch up. However, you understand that your investors and suppliers need payment, too....
Many businesses negotiate commercial leases with landlords. This is especially beneficial for businesses that are just starting and can not afford to own a building. Most commercial leases are negotiable. Here are a few matters that business owners may need to discuss...