Succession Planning 101
If You Plan to Succeed, You Need a Succession Plan Print PDF (5 pages) So you’ve survived the hard part. You’ve got your business off the ground and past the start-up stage, and you have an established, successful business. Or you have completed your purchase of an established, successful business and are past the initial […]
Do I Really Need A Business Attorney After I Start My Business?
You’ve built your business from scratch, or bought an existing business or franchise, or worked your way up the ladder to lead your family’s business. Along the way, you’ve likely had some level of involvement with a business attorney in getting your business going. But just because the contracts are signed and you’re now in […]
Indiana’s Incorporated Partnership Doctrine
The Golden Rule Applied to Co-Owners of a Business To paraphrase Robert Fulghum, it’s been said that everything you need to know you learned in kindergarten. When I’m asked by a business owner what rights and responsibilities each co-owner of a closely held business owes to the other co-owners of the business, that phrase often […]
Developing Buy-Sell Agreements
Developing a buy/sell agreement today can prevent heartache tomorrow. If you already own or are starting a business with more than one owner, a buy/sell agreement is an important tool that can help protect the health and well-being of your business by spelling out the details of what would happen in the event of an […]
Non-Compete Agreements (Part 1 of 2)
An Introduction to Non-Compete Agreements (Part 1 of 2) [This is the first part of a two-part article. This first installment will cover the basic definition of a non-compete agreement, the fact that such agreements are enforceable in Indiana and Michigan, and why you as an employer or business owner should care. The second installment […]
Non-Compete Agreements (Part 2 of 2)
An Introduction to Non-Compete Agreements (Part 2 of 2) [This is the second part of a two-part article. The first installment addressed the basic definition of a non-compete agreement, the fact that such agreements are enforceable in Indiana and Michigan, and why you as an employer or business owner should care about such agreements. This […]