LOIs - Letters of Intent and Term Sheets
May 12, 2010
The
important principles of letters of intent and term sheets are not
dissimilar to the standards you learned in high school. Both letters of
intent and term sheets are essentially outlines of a cont...
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What Happens When a Contract is Breached/Broken?
May 12, 2010
A contract
is a legally enforceable agreement between two or more parties. So, how
do you enforce it if it is broken by one of the parties?That
depends on how exactly the party breaches the contract....
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HOW to Manage Effectively - Business Slowdowns, Downsizing and Cost Reductions
May 12, 2010
Difficult
economic times and unforeseen circumstances can negatively affect a
business. A significant economic downturn can affect business and
require businesses to make layoffs, for example. Or, a f...
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Update 2010: Due Diligence in Business Mergers and Acquisitions
May 12, 2010
Business transactions often require that
many people trust a few people to make important decisions about
investing money, buying or selling businesses, or pieces of businesses,
and other complicated ...
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What is Your Business Worth?
May 12, 2010
It
can be challenging to determine how much your business is worth.
However, if you want to use your business as collateral for a loan or
if you want to sell your business then it is very important to...
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Corporations 101: California Entities Simplified (Unincorporated Associations)
May 12, 2010
orming an Unincorporated Association
While
many nonprofit associations benefit from forming nonprofit
corporations, small, local, or labor organizations tend to prefer an
unincorporated association for...
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