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Trust vs. Contracts

Lloyd owns an IT Service company and was accustomed to doing business without written contracts. He believed that a handshake is the...

Selling a Business: Structure Options

There are three basic ways to sell a business: 1. Selling the assets of the business, 2. Selling the equity interest, or 3. A merger...

It's not even binding (and other myths)

In many large transactions like a business sale, the letter of intent or a term sheet is a non-binding first step to start negotiations....

How I Help: Startups with Partners

In my last post I mentioned Sam, who is starting a new tutoring business and was not sure if he needed an LLC or if he could operate as a...

How I Help: Contracts without Legalese

The law doesn’t require contracts to be in Legalese. The owner of a logistics company spent weeks negotiating each contract because the...

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