One of the most important things you can do as a business owner to protect your interests is have high-value employees sign noncompete agreements. The intent of having an employee commit to a noncompete agreement is to keep him or her from going to work for a direct...
Month: September 2016
Approach potential business partnerships with deliberate care
Forming a partnership, be it limited or general, with another party can do a great deal to expand your business opportunities. But you need to examine every aspect of a potential partnership extremely carefully. And when it comes to formalizing your partnership, you...
Conflicts can undermine the success of a family business
The rewards reaped from owning and running a family business can make the endeavor more than worthwhile. But balancing the needs of the business with the desires of family members can be extremely challenging. There are many potential pitfalls that are unique to...
What can the funds from a 504 loan be used for?
Commercial real estate projects are multi-faceted and extremely complex. And financing is typically the most important aspect of successfully bringing a project to fruition. After all, you won't be able to even break ground with the first shovel without there being...
