What is the best or least expensive way to have the value of a small business evaluated?

There are business valuation companies that specialize in valuing businesses. I have no idea what the cost of a business valuation will run. As...

What is the time limit on requesting a refund of my commercial security deposit?

My suggestion is to immediately get in touch with the executive business center and ask for a refund of the deposit; it was likely overlooked. If...

Definition of "Employ" in a Non-Solicitation contract?

The non-compete/non-solicitation clause in which this is contained is likely to include independent contractors as part of the definition of...

You have received good advice from the other attorneys. As an attorney who handles commercial leases nationwide, I typically negotiate a clause...

Are Independent contractors "employed"?

The advice from my 2 colleagues is good advice. The non-compete/non-solicitation clause in which this is contained is likely to include independent...

I had a company which was an LLC. I have an outstanding credit card debt but the company no longer exist. Responsible?

From a purely business law perspective, if the LLC were maintained properly (set up correctly, has separate EIN, separate bank account in which...

May an attorney accept an ownership stake in a corporation that is not a client?

Receiving an ownership interest in a corporation is a common practice for attorneys. As stated, just be careful of conflicts of interest. It is...

Can a spouse have any rights toward a business that was established after the separation?

Your question has two components to it - 1) the business question - this would depend on how the business is structured and whether there is any...

We franchised our delis in philadelphila and new jersey

Your brief message does not provide any of us with enough information to help you. If you would like to give me a call I would be happy to provide...

I am currently in an LLC with my husband. I would like to dissolve my part in ownership of the business.

No. It should be reflected in the Minute Book as Minutes to the company by both Members (you and your husband) and in the transfer ledger for the...