When to Start Planning a Business Succession

Planning for a business succession is a complicated and time-consuming process that demands significant thought and preparation. One of the most important concerns in this context is when to begin planning for business succession. In the United States, several critical criteria must be considered while deciding the optimum period to begin the planning process.  As […]

When to Start Planning for a Business Exit

I know one of the factors you probably wonder about is the right time to start planning your business exit. If you’ve run the business for a long time, there’s a good chance that this is a critical consideration for you.  Through years of dealing with many business owners cutting across a range of industries, […]

Types of Business Exit Strategies

I know that exiting a business you own can be emotionally, physically, and mentally taxing for you as an entrepreneur. You want to maximize value, achieve your financial goals, and guarantee a smooth transition.  My years of interacting with business owners from various industries have shown that it’s not enough to have a vague idea […]

Succession Planning vs Business Exit Planning

I know that it might seem quite scary to know that, at some point, you may have to step away from the business you’ve built. While you may not like the idea of exiting, it’s advisable to start planning for it long before it happens.  Through my years of interacting with business owners, one thing […]

Why Do You Need a Business Exit Strategy?

I know that thinking about what’s going to happen to your business when you have to step down can be a troubling thought. You’ve put a lot of effort into building your business and you want it to keep thriving.  Through my years of interacting with business owners, one issue that has popped up time […]

Common Business Exit Plan Mistakes

I know that many business owners are wary of business exit planning because of just how comprehensive it can be. However, it is, in fact, key to business survival. Through years of interacting with major business owners, the more relaxed and confident ones have been those with an exit plan.  My aim is to emphasize […]

What Is a Business Exit Plan?

I know one of the less-talked-about aspects of business that you, as a business owner, will likely worry about is business exit. If you’ve built your business up to a point and you’re ready for a new challenge, you would want the business to keep thriving.  Through several years of interacting with business owners, this […]

Legal Considerations for Business Exit Planning

I know that getting to a point where you feel like you want to exit your business can make you feel like you’re at a crossroads. If you’ve not experienced this, you’ll find that a lot is involved. Through years of interacting with business owners in this situation and some who have successfully exited their […]

How to Negotiate Vendor Terms With Amazon

An attorney talking to someone over the phone while looking at the papers

Negotiating vendor terms with Amazon can be a complicated process that needs careful examination of legal provisions, Amazon rules, and effective negotiating tactics. A vendor agreement is a legal contract between a vendor and a retailer that defines the parameters of their commercial relationship.  In the context of Amazon, a vendor agreement oversees a vendor’s […]

Legal Considerations for Business Succession Planning

Business succession planning is significant to running a business, especially for family-owned or closely held companies. It entails preparing for the smooth transfer of ownership and management to the next generation or another party to assure the business’s continuity and prosperity. Businesses must consider many legal factors in the United States while drafting succession plans.  […]