Owners of small companies, with annual revenues ranging from $500,000 to $10 million, often undertake the process of selling their business themselves. While many business owners have built their businesses from scratch with the help of their can-do attitudes and … Continue reading
Business Valuation 101
Obtaining the right valuation can either make or break a business sale. The task is particularly made difficult by sellers who have not only given birth to their company but put their heart and soul into building the business from … Continue reading
Why is a Confidentiality Agreement Indispensable?
As a business owner, you have probably invested substantial amounts of time and resources in building your business. When it comes time to sell that business, steps must be taken to protect against anyone improperly using or disclosing any confidential … Continue reading
Why is “Due Diligence” Crucial When Selling A Business?
If you’re preparing to sell your business, it’s vital to understand the importance of Due Diligence. Since most small business owners sell only one company in their lifetimes, it is difficult to get their arms around the Due Diligence process. … Continue reading
Arbitration Clauses in Employment Contracts
The Federal Arbitration Act requires courts to enforce clauses in commercial contracts that require arbitration of disputes. The U.S. Supreme Court has ruled that transportation workers engaged in interstate commerce are exempt from the Act. For other types of workers, the effect of the Supreme Court ruling was to reaffirm the enforceability of mandatory arbitration provisions in agreements entered into by workers engaged in interstate commerce. Continue reading