By creating and implementing a temporary modifiable transition/succession plan, or emergency succession plan, you are able to preserve the maximum value of your business while providing a more secure future for your family and key employees. This resource shares the basic foundation for such a plan.
There are various types of entities to consider when starting a business. Choosing the right entity is crucial. The most common types of entities are sole proprietorship, partnership, corporation and limited liability company.
This resource includes the latest Federal Tax Updates from 2011.
Working with Stein Sperling attorney can help prevent costly mistakes and minimize risk when you are buying or selling a business. If you are buying or selling a business, you must protect yourself.
An agreement among business owners is frequently referred to as a “Buy-sell Agreement” whether the owners operate a limited liability company or a corporation. A Buy-sell Agreement is like a pre-nuptial agreement among the owners of a business