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Atlanta Business & Commercial Law Blog

Sources of alternative lending for entrepreneurs, part 1

Being an entrepreneur is more than just coming up with a good business idea: It is also about putting that idea into action. Of course, this is much easier said than done. The majority of entrepreneurs will need the help of business loans to get their ideas off the ground. Finding an enthusiastic, loyal and deep-pocketed investor is most entrepreneurs’ dream, but rarely a reality. Roughly 85 percent of entrepreneurial loan applications will be rejected by community banks. So, how is a business owner supposed to find funding?

There are several alternative lending methods for small businesses. As with traditional lending sources, alternative lenders come with bonuses and limitations. We will use this two-part blog series to examine a few options for alternative loans.

A primer on non-solicitation agreements

You have put immeasurable time and effort into procuring the right customers and employees for your business. You recruited the top talent in your field because you knew that your company would be only as strong as its employees. Then, you painstakingly built a roster of reliable, loyal clients who have made your business what it is today. So, when one of your employees leaves your company and takes one of your clients with them, you are understandably upset. 

A non-solicitation agreement can help prevent poaching between employees and clients. We’ll go over the basics of non-solicitation agreements and why you may wish to include one in your future business contracts.

Selling your small business? Avoid these 5 mistakes

A business sale is not necessarily a sign of defeat. Indeed, a sale can be a mark of success—especially if the business owner is able to sell at a profit. That’s not to say that all sales will be successful, though. There are many mistakes along the way that can cost business owners dearly. One of the best ways to avoid these pitfalls is to understand them, anticipate them and do your best to avoid them. If you are selling your business, you should know these five mistakes to avoid.

5 mistakes to avoid as a new business owner

Starting a new business is not a walk in the park. While it is full of excitement, there are a lot of things to consider. With so much pressure on you, you may make a wrong decision that may set you back or even hurt your potential. 

While there is no surefire way to ensure you are totally successful, there are a few common mistakes that new business operators make that have negative consequences. Here are five dangerous errors to avoid when starting your new company.

Is it possible to sell your business for more than it’s worth?

Selling a business can sometimes be as challenging as starting one. In fact, approximately 60 percent of business owners are reportedly unable to reach a deal. This is a daunting statistic for small business owners who are ready to unload a company. 

Sometimes, though, it is possible for such a deal to be massively successful. In some cases, a business can even sell for even more than it is worth. How can business owners make such a sale? Here are a few possible tips for selling a business for more than it’s worth.

Important factors to consider before going public, part 2

Our last blog post discussed some of the major risks that business owners should consider before taking their company public with an IPO. Today, we will conclude our two-part blog series by discussing some other factors that may affect your decision to go public.

Strategic thinking can make or break your company’s success, particularly in such a high-stakes decision. Before you take your company public, you should thoughtfully examine every factor that could affect its success. Let's take a look at some of those factors, and the strategies that you can use to approach them.

Important factors to consider before going public, part 1

Many entrepreneurs dream of the day when they will be able to take their company from private to public with an initial public offering. After all, IPOs can offer numerous benefits for business leaders and shareholders. But going public is not a decision to take lightly.

There are several important factors to consider before taking the leap to make your company public. In this two-part blog series, we will examine several of the most important things that business owners should take into consideration before pursuing an IPO. This post will go over several potential risks that you should know about before you decide to go public.

What types of intellectual property should you protect?

With so much competition in the business world, success often hinges on setting yourself apart. That means protecting what you've worked so hard to build. Pursuing the proper legal protections, however, can be challenging. It's important to leverage the right tools for different types of intellectual property.

3 common challenges that startups face

No matter what industry you plan to start a business in, the odds of success in Atlanta are underwhelming. You need more than a great idea to get your company off the ground and put it in a position to succeed. You need a solid business plan, proper structure and more. 

Entrepreneurs who know the challenges their companies face are able to use that information to their advantage. Take some time to consider the following challenges so you can do what it takes to make a name for yourself in the field you have chosen. 

How will the new tax bill affect small businesses?

For the first time since the presidency of Ronald Reagan, the United States tax system is undergoing a massive overhaul. Spearheaded by Congressional Republicans and signed into law by President Trump, the overhaul will herald significant changes for millions of Americans. The new law will take effect on Jan. 1, 2018.

As a business owner, you have probably been wondering how the new tax law will affect your company. If you have been worrying that the changes will negatively impact business, have no fear: The new tax law is written to benefit large and small businesses alike. Read on for the major ways that the overhaul will affect your company.

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Robert Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the May issue of The American Lawyer & Corporate Counsel magazine.Alex Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the December issue of The American Lawyer & Corporate Counsel magazine.

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