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.

Frequently Asked Questions

What is the first step in buying or selling a business?

The first step in buying or selling a business is for the buyer and seller to agree upon the important business terms of the acquisition. This agreement is usually set forth in a letter of intent that is signed by both parties. Our firm can assist.
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What is the best course of action when a business relationship is not going well?

When a business relationship is not going well, whether it is a relationship with an employee, consultant, vendor, customer, licensee/licensor, lender or co-owner, it is likely that the agreement underlying the relationship does not adequately add.
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After agreeing upon the amount for an investment in a business, what is the next most important step?

The next important step is to agree upon the important business terms of the investment. This agreement is usually set forth in a term sheet that is signed by both parties. Our firm can assist you in negotiating the term sheet and drafting it so i.
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Representative Projects

Starting and Investing in Business

Establishing multiple interrelated companies in a multi-tiered franchise development business
Drafting, negotiating and closing an asset purchase agreement to acquire a business for a buyer in the building construction and design industry
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Protecting Business Interests

Drafting and negotiating non-competition and non-disclosure agreements for consultants
Searching, preparing, filing and prosecuting trademark applications for media technology companies, authors, entrepreneurs and others
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Increasing Business Revenue

Negotiating product supply and distribution agreements for consumer product and technology companies
Drafting and negotiating patent license agreements
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Decreasing Business Overhead

Negotiating a licensor's termination of a license agreement for marketing and selling consumer products
Dissolving a group of affiliated companies in the healthcare products industry
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