Phantom Stock to Reward (and Retain) Key Personnel
One challenge for the business owner is attracting and retaining key personnel. This challenge permeates all businesses from the largest to the smallest. At some point, the key person needs…
One challenge for the business owner is attracting and retaining key personnel. This challenge permeates all businesses from the largest to the smallest. At some point, the key person needs…
“Corporation, n. an ingenious device for obtaining individual profit without individual responsibility.” Ambrose Bierce, the Unabridged Devil’s Dictionary. Regrettably, Limited Liability Companies (LLCs) were not included in Ambrose Bierce’s popular…
What are the components of an enforceable contract? In other words, if you or your business makes an agreement with another person or entity, what makes the agreement enforceable? Let’s…
Space Exploration Technologies Corp. (SpaceX) is beta testing a new satellite-provided broadband internet service through its Starlink brand. At times, reports have come out that SpaceX planned to spin-off Starlink.…
One goal for employers is to hire and then incentivize the brightest talent available to remain with the employer and grow the business over time. So, what are the components…
When businesses or professionals talk about engaging in mergers or acquisitions (M&A), what exactly might that entail? In a general sense, M&A is a broad term used to describe the…
Have you ever yearned for the good old days where a handshake deal was all you needed? The days where, with that handshake, you could trust that the deal would…
Small business owners often have a very difficult time trying to determine the value of their business. Perhaps the owner has never taken the time to consider the value. Perhaps…
Conventional financial wisdom suggests that the first thing a person should do after building the three to six month rainy-day fund is to maximize contributions to retirement accounts. Qualified retirement…
When a person endeavors to purchase a piece of real property (i.e. land and any associated buildings), the purchaser would be wise to study up on the potential liability he…