Purchasing a business is a complicated process. The buyer must thoroughly examine and understand numerous legal and financial issues throughout the procedure. Regardless of the size and scope of the business, various legal documents must be filed. Additionally, all financial aspects of the business must be investigated. Therefore, seek the advice of an experienced business …
Legal Aspects and Considerations of Buying a Business Read More »
Many people think they know about corporate law, but the truth is that there are a whole bunch of myths out there. This post will present five common misconceptions about corporate law and explain why they’re wrong. 1. All Your Contracts Should Be Complex and Lengthy Contrary to popular belief, longer and more complex contracts …
Every established business needs a lawyer. A business lawyer will take care of the legal aspects of your business, allowing you to handle other aspects. Nevertheless, selecting the right business lawyer can be a very difficult undertaking. The lawyer you select should be knowledgeable about your line of business and represent your interests. The following …
6 Questions to Ask Before Hiring a Business Lawyer Read More »
Reasons Someone Needs a Small Business Attorney Small businesses remain an integral part of the United States’ economy. In fact, approximately 44% of US economic activity involves the small business sector. In Michigan, any business with 500 or fewer employees is categorized as a small business. The Great Lakes State boasts a record number of …
Mergers and acquisitions can be complicated undertakings. And if you are going to work with an outside law firm, it’s important that you find one who has experience in mergers and acquisitions. You want your lawyer to know the laws and have the connections necessary for this type of transaction because they will be working …
Top 7 Reasons to Use a Lawyer for Mergers and Acquisitions Read More »
Entrepreneurs and business owners have a lot on the line. Most have invested countless hours of their time and put in tremendous sweat equity to successfully start their companies from scratch. While their self-sufficient and independent attitude may have served them well during the initial stages of their business development, it is ill advised for …
Common Types of Business Law Businesses have multiple areas in which they may require legal assistance and guidance in order to avoid liability and ensure their best interests are protected. This can be confusing for business owners to navigate, especially for smaller owner-operator type businesses. Below is a basic overview of the different types of …
According to the Institute for Mergers, Acquisitions, and Alliances, there have been over 325,000 mergers and acquisition transactions in the US, totaling over $34,900 billion in value. 2020 recorded approximately 15420 transactions, worth over $1,172.23 billion. Business law offices facilitate such transactions, protecting the interest of all parties involved. As a small business owner, the …
5 Reasons Startups Should Hire Business Attorneys Read More »
Video games and online gaming have become a major part of our culture over the past several decades, growing into a multi-billion dollar industry spanning the entire globe. As the industry has grown, it has seen a wide range of unprecedented legal concerns and questions come to light. Richard Hoeg of The Hoeg Law Firm, …
Venture Capital Funding When a startup or new business has a great idea but is struggling to obtain financing through traditional sources such as a bank, venture capital (VC) funding is a solid alternative. Venture capital investors are typically more willing to provide funding to startups and other small business operations when they see potential …
