by Lisa Wills | Oct 2, 2015 | Business Contracts, Business Law, Business Owner, Business purchase, Business sale, exit strategy, selling a business, succession plan
Finding a Buyer for the Business When you have prepared your business for sale (see blog entry “Selling a Business, Part 1”), the next step is to find potential buyers for the business. Options include listing the business for sale with a business broker. There are...
by Lisa Wills, Law Offices of Lisa D. Wills | Aug 20, 2015 | Business Contracts, Business Law, Business Owner, Construction, Contractors, Contracts, Corporations, hire an attorney, Lease Agreement, Property Owners, Real Estate, real estate contracts and documents
Many people are concerned about talking to an attorney because they fear the cost. Yes, an attorney costs money. However, there are times when spending to get advice before there is a problem is a lot less expensive than having to hire an attorney when you have a...
by Lisa Wills | Aug 13, 2015 | Contracts, Landlord tenant, Landlord Tenant, Lease Agreement, Real Estate
The Lease Term There are many things to think about when you own a business. Most businesses, at some time in the life of the business, will rent space. A commercial lease can be a lengthy and complicated document with a significant financial obligation. It is...
by Lisa Wills, Law Offices of Lisa D. Wills | Aug 6, 2015 | Business Contracts, Business Law, Business Owner, Business purchase, Franchise
As discussed in Part 1 of this blog, if you are considering purchasing a franchise it is crucial that you understand the upside as well as the downside of a franchise purchase. The good thing about purchasing a franchise is that you have your own business but are not...
by Lisa Wills, Law Offices of Lisa D. Wills | Aug 6, 2015 | Business Contracts, Business Law, Business Owner, Business purchase, Franchise
Before you purchase a franchise it is important to understand the general advantages and disadvantages of this type of business model. Advantages to the Franchisee When a franchise is purchased, the Franchisee has an opportunity to own a business with an established...