Start | Operate | Exit ~ Blog

Are contracts a valuable asset of the business you are buying or selling? If so, you need to make sure those contacts can be transferred...

The purchase or sale of most businesses will involve transferring intellectual property ("IP") rights - i.e., patents, trademarks,...

This is my most exciting book news to date. The University of Illinois business school is using my book as a text in its Entrepreneurship...

One of the biggest challenges for an entrepreneur is finding the money to do a deal. I spoke to the Entrepreneurship Through Acquisition...

When you sign a contract, do you need to have an "original" - i.e., one contract with the original signatures of all the parties - for it...

See that photo? I have permission to use it on my blog because permission to use the photos in my web development platform's library is...

Have you set up your company to qualify for a special status, such as a women-, veteran-, or minority-owned business? If so, do your...

Lawyers often draft contracts with attached exhibits to simplify the contract language by moving details out of the body of the contract...

I was working on my first deal as a young lawyer. I represented the buyer. The lawyer representing the seller drafted the purchase...

You're buying a business or real estate. Your purchase agreement says you're going to close on a particular date. You probably won't....

You may have a great idea for a new business. Where did that idea come from? Is it related to your current employment? If so, do you have...

I help people start and run gig economy businesses. A gig economy business is different than a gig economy worker. A gig economy worker...

I help people start and run independent contracting, consulting, and freelance businesses. I published a new book this week that teaches...

Catherine’s consulting business routinely provides written proposals to prospective clients. Her practice is to have clients accept the...

How much would you pay a lawyer to tell you not to do something? A doctor wanted to buy a medical practice from the wife of a doctor who...

In a perfect world, the best way to keep a prospective client from taking ideas you share during a pitch is to have the prospect sign a...

Sellers sometimes regret selling their businesses. This is especially true when the seller is the founder. It's hard to let go. You might...

An LLC is a great tool for shielding your personal assets from your business liabilities, but it won't protect you from everything. It...

Have you thought about trying mediation to resolve your business dispute instead of a lawsuit? Years ago, I thought I might make a good...

A limited liability company (LLC) should be the default choice when you are thinking about starting a business, entering a joint venture,...