Legal Articles
Determining The Worth Of Your Small Business
Most small business owners have no idea how to determine the worth of their business. They plan on selling, but never take the time to figure out what their [...]
Risks Of Buying A Small Business, Part Two
Last week, we went over some of the risks entrepreneurs and investors face when buying a small business. This week, we continue exploring these risks and the red flags [...]
Risks Of Buying A Small Business, Part One
There are a number of reasons that investors are drawn to existing businesses. Generally, there are less risks when you purchase a business that is already operating. This week, [...]
Key Employees Can Ruin The Sale Of Your Business
Small business owners often have strong bonds with their employees. While these bonds are generally a positive thing, there are situations in which they can be tested. One of [...]
Do I Have To Pay Employees Overtime If They Are Salaried?
Running a business poses many unique challenges, one of which is computing employee pay. How do you manage part-time, full-time, salaried, hourly, independent contractors, and even more variations on [...]
LLC Setup Checklist, Part Two
We all know that starting a new business is a stressful period in someone’s life. However, there are people that exist to help small businesses. Dowd Law has been [...]
LLC Setup Checklist, Part One
Establishing a new business is a stressful and often confusing time for entrepreneurs. Even if the process is something that they have dreamed about for a long time, it [...]
Mergers And Acquisitions 101
It is a phrase straight out of a cartoon businessman’s mouth “I have to look at the mergers and acquisitions.” Maybe Monopoly Man can get away with dropping “mergers [...]
Escrow 101
The concept of escrow seems vague and confusing when people first encounter it. Fortunately, the ideas behind it can be simplified so that they are much easier to understand. [...]