If you co-own a business, you and the other owners will likely disagree from time to time. Different views on finances, operations or growth are common and do not always create serious problems. Some disagreements become more difficult when the owners cannot reach a...
Losing a parent is one of life's most difficult experiences. When you also discover that their will may not reflect their true wishes, it can deepen that pain. If your parents suffered from dementia before they passed, you may have valid reasons to question the...
When you own shares in a family or any other business, you often expect to help make major decisions and have your opinions heard. But that does not always happen because of something called minority shareholder oppression. This is when the actions of majority...
A personal representative or executor has many important responsibilities. Estate administration can require more than a year to complete in many cases and exposes the personal representative to a degree of legal vulnerability. One of the risks they face is the...
There are many small decisions that business leaders make that could have major implications for their company. Decisions related to talent acquisition can have an outsized impact on the reputation, performance and finances of the company. Every new hire creates...
Buying into a franchise can be an excellent turnkey business opportunity. Depending on the type of company, the franchisee investing in a franchise opportunity gets to partner with an established brand. They can secure training from the business for themselves and...
Business partners have to manage a long-term working relationship with one another. Interpersonal dynamics can affect the overall success and stability of the company that they started together. Partners embroiled in a disagreement can create a very unpleasant work...
Business owners often have complicated income tax returns. They may have to file tax returns for the company that they operate and for themselves as individuals. Particularly when a company has had a successful year, the owner of the business may not have retained...
Even though most adults benefit from estate planning, some people have more of a need to engage in estate planning than others. Business owners typically fall into this category. After all, the company that they run could be at risk of dissolution or insolvency if...
Franchising has increasingly become a go-to avenue for aspiring entrepreneurs looking to start their own businesses. It offers the advantage of operating under an established brand with the benefits of proven business systems and support from a franchisor. Before...