You are preparing for the complex, daunting task of selling your business. Selling a business is no mean feat, and there are several intricate steps to take before the sale is complete. One of the most important steps is to get an accurate valuation of your business.
Business formation types that limit personal liability
If you are working to establish your own small business, one of the first and most important steps involves determining what type of business entity you would like to create. Different business entities have varying benefits and drawbacks, and what works best for one type of company may differ broadly from what is best for another.
Unusual skills that entrepreneurs will need in 2018
One of the signs of a successful entrepreneur is the ability to develop new skills. Developing skills is an investment not only in yourself, but in your business. The year 2018 is already underfoot, and it would be wise for entrepreneurs to dive in and develop new skills now, rather than later.
Considering a joint venture? Know the pros and cons
Let’s say that you have an idea for a rewarding business venture, but your company does not yet have the resources to make it happen. You have a few options: One is to abandon your idea and pursue something else. Another is to struggle on your own to make it happen. Both of these are practical options, but there is another possibility that you may wish to consider: Embarking on a joint venture.
Reasonableness is key in noncompete agreements
Non-compete agreements can be crucial documents for business owners. These agreements can help mitigate the risk of a former employee accepting a job from a competitor or starting their own business that directly competes with yours. But as useful as non-compete agreements can be for employers, they can be legally tricky to enforce.
Basics of partnership agreements in Georgia
Many small business owners in Georgia operate as partnerships. This business model has many advantages, but it works best when the partners have a solid plan and an understanding of the legal basics.
Making your mark: Tips for creating unique trademarks
You are ready to create a trademark for your business, and you want it to be excellent. After all, your trademark is how your business will be recognized not only by your industry, but by consumers throughout the country. A memorable, eye-catching trademark can help you stand out in a crowd, and entrepreneurs know that this can be the difference between success and failure.
Understanding franchise agreements
If you are considering going into business as a franchisee, you have probably completed your due diligence, are happy with the results and are looking forward to the next step: the franchise agreement.
Electric car startup claims former executives stole trade secrets
Many startups fear that a former employee, partner or client will somehow steal their trade secrets and use them to make a buck. Another common fear is that a former employee will poach talent from the startup to move to a different company. For the electric-car startup Faraday Future, both of these fears have apparently been realized.
