Often small business owners, especially when working with family or friends, seek to resolve business disputes without having to bring litigation. Avoiding litigation may be of paramount importance. While it is not always feasible to resolve such disputes short of litigation, in certain circumstances, there are tools to be able to amicably resolve intra business disputes without filing litigation. Having…
For most closely-held business owners, their business constitutes all or a large part of their assets and retirement savings. These owners have been pouring blood, sweat, tears and their savings into keeping the business running. As such, ensuring that the business they worked hard to develop is either maintained in the manner the owner deems appropriate or sold to leverage…
Working with family can be an amazing blessing. I know – I am fortunate to work with my dad and step-mom. No one has your back and your best interests in mind like family. But working with family can also add stress and strife if everyone is not on the same page. We have found that clearly defining expectations, goals,…