Considerations When Selling Your Business
Finding yourself in a position to sell your business is a monumental achievement. Establishing a business is hard work, and preparing to sell your business is no different. There are many reasons to sell your business: you may be looking to retire, take a less involved role, resolve an ownership dispute, or perhaps your...
Considerations When Selling Your Business Continue reading…An Overview of Debt Collection for Small Busines
For many small businesses, getting the sale is just the first step in the process. Many small businesses rely on extending credit to the purchasers in business to business transactions. As a business with many transactions, purchasing on credit from a seller can be ideal as processes are streamlined: purchase as necessary and then...
An Overview of Debt Collection for Small Busines Continue reading…Senators Spotlight High Risk of Money Laundering in Residential Real Estate
According to the Wall Street Journal, two U.S. senators have called for an investigation into any existing weaknesses within the current U.S. money-laundering provisions. Some senators believe that the risk of money laundering in residential real estate is high due to the real estate sector having significantly less oversight than the lending sector. That is...
Senators Spotlight High Risk of Money Laundering in Residential Real Estate Continue reading…Need to Know Differences Between a Commercial and Residential Lease
It is important to know the differences between a residential and commercial lease because both are treated differently under the law. The distinctions will set out certain rights and obligations for both parties involved in the contract.
What is a Residential Lease Agreement?
A residential lease is most often between a landlord and an individual tenant...
Need to Know Differences Between a Commercial and Residential Lease Continue reading…3 Must-Ask Questions if You Are Considering Buying a Business
If you are considering buying a business, you need to ask several questions first. Getting the right information will be integral to determining whether this is a smart business decision for you. It will also help you decide how to best carry on the business after you have purchased it. You should ask the...
3 Must-Ask Questions if You Are Considering Buying a Business Continue reading…The Basics of Withholding Taxes for Employees
Getting tax withholdings right can be extremely daunting. Failure to pay the IRS or state taxing authority the correct amount could end up costing you thousands of dollars in penalties and interest. For many employers, an outright failure to pay could result in personal liability for employment taxes.
Payroll tax withholding covers more...
The Basics of Withholding Taxes for Employees Continue reading…Title Searches
If you have ever bought a home or even considered buying a home, you have probably heard of title searches and title insurance. You may not, however, be aware of why title searches are conducted and why title insurance even exists. Title refers to your ownership rights in the property. That is...
Title Searches Continue reading…Fiduciary Responsibilities and Your Business
As a business owner, you have certain responsibilities that must be fulfilled.While being a sole proprietor gives you more leeway, business owners who use any other business formation must be familiar with fiduciary responsibilities. These obligations extend to corporate officers and even managers in some situations. So, what are fiduciary responsibilities for business...
Fiduciary Responsibilities and Your Business Continue reading…Developing a Disciplinary Policy as an Employer
Very few employers like to discipline employees for misconduct or poor performance. However, it may be necessary to do so to prompt t workers to fulfill their job duties appropriately or behave in a specific way. Establishing a disciplinary policy long before you need it will clarify your expectations of employees and also...
Developing a Disciplinary Policy as an Employer Continue reading…Neighbor Disputes: Property Boundaries
Disputes with neighbors can range widely, from loud parties, to poor upkeep, to boundary encroachments. If you are like most property owners, you take great pride in your land, and you do not want anyone to use property that is rightfully yours. When neighbors start taking down shrubs, planting trees, or putting up fences...
Neighbor Disputes: Property Boundaries Continue reading…Real Estate Contracts 101: Breach by Seller
Residential real estate transactions typically involve the signing of a contract between a prospective buyer and owner. In most cases, both parties follow through with their contractual commitments. However, sellers of real estate sometimes attempt to cancel the contract—a situation that forces the buyer to either accept the default or...
Real Estate Contracts 101: Breach by Seller Continue reading…An Overview of the Residential Real Estate Sales Process
Residential real estate sales can be overwhelming and confusing. Thankfully, the process is similar for every transaction. This means t you can prepare long before you find the right home, here’s how.
The Listing Agreement
If you are selling your home, you will start with creating a listing agreement. This agreement sets the asking s price,...
An Overview of the Residential Real Estate Sales Process Continue reading…