by ScolieriLaw | Aug 25, 2012 | Business Articles, Corporate Law
The limited liability company is popular today because it brings the best features of all business forms into one entity. Generally, an LLC has four basic benefits: limited liability, partnership taxation, management rights, and protection from creditors. The owners...
by ScolieriLaw | Aug 24, 2012 | Business Articles, Corporate Law
Many businesses start out as a sole proprietorship, or “DBA”, and later convert to another business entity type when the business grows. Maybe the business started as a hobby, or the budding entrepreneur wanted to wait to see if his business model would work. ...
by ScolieriLaw | Aug 23, 2012 | Business Articles, Corporate Law
Undercapitalization can doom a new business to failure before it can even get out of the gate. Businesses that lack sufficient cash or other liquid assets to survive through the early stages of growth often fail within the first two years. You may have the training,...
by ScolieriLaw | Aug 16, 2012 | Business Articles, Corporate Law
We recently discussed some of the basic aspects of business mergers in Pennsylvania. Another common method of combining businesses is for one business to purchase, or acquire, another business. In this article, we will discuss basic aspects of business acquisitions....
by ScolieriLaw | Aug 14, 2012 | Business Articles, Corporate Law
As your business grows and matures, you may consider joining forces with your competition in a business deal known as a merger, or buying out the competition altogether by completing an acquisition. In this article, we will discuss some of the factors involved in a...
by ScolieriLaw | Aug 8, 2012 | Business Articles, Corporate Law
As the housing market takes its first tentative steps toward recovery, home builders and subcontractors should take time to review their contract terms in light of their experiences during the recession. A little extra planning now can go a long way to ensure...