Trustworthy business advisors keeping your business on TRACK:

Trustworthy
Reliable
Available
Caring
Knowledgeable®

Our law firm gives business owners the clarity
they need to fund, grow, protect, and sell their businesses.

Home » Frequently Asked Questions » What are the most important is…

What are the most important issues that business persons fail to address adequately at the outset of a commercial venture?

During the optimistic stage of starting a new business enterprise, most business persons fail to adequately address what will happen if a significant unexpected adverse event occurs to the business or to one of the owners of the business.

Our firm can assist you in addressing these issues in a buy-sell agreement or by appropriate terms included in a limited liability company agreement or a stockholders agreement. It is important to address death, disability, divorce, dissolution and deadlocks before any of these terrible events actually occur.

Anthony's Story

A few months ago, I received an unexpected notice – a random ethics compliance audit was scheduled for my firm by our state. The letter, much like the stop sign at the end of my street, was abrupt and impossible to ignore. Suddenly, I was facing the daunting task of proving my firm’s compliance to a third-party auditor, with no assurance of what they might find.

However, I’m thrilled to share with you that after undergoing the ethics audit, I received a report from the auditors confirming that I was in 100% compliance with the standards they were evaluating. It was a gratifying affirmation of the dedication and diligence my firm puts into maintaining the highest ethical standards.

It’s possible your business is facing a crisis. You can visualize a great outcome, but you just don’t know how to make it a reality. You’re afraid of what might happen if you do nothing… but what can you do?

Jay's Story

Jay smiled as he navigated the early morning traffic while talking on the phone with his mom, Mira. She said she took several steps yesterday with her walker, and he understood most of her slowly whispered words. This was good though, because after the stroke, the doctors thought she’d never walk or speak clearly again. He treasured their heartfelt conversations. After his dad died, they had become best friends as they grieved together. She lived alone in her own home for many years thereafter, but those days were over according to her doctors. She couldn’t live in his house because all the bedrooms were on the second floor. There was an excellent assisted-living community just outside the city, but his mom couldn’t afford it. Unfortunately, he didn’t get the chance to tell her his new plan to sell his stock in his software animation company so she’d have all the money she needed.

Suddenly, Jay’s laptop flew from the front seat, smashed into the dashboard, and fell like a rock to the floor of his black Lexus ES.

Trustworthy business advisors keeping your business on TRACK:

What are the most important issues that business persons fail to address adequately at the outset of a commercial venture?

Business Objectives

Fund Your Business

Grow Your Business

Protect Your Business

Sell Your Business

Anthony's Story

Jay's Story

Contact Us