When you form a business, your own personal assets could be at risk if there is a lawsuit or to creditors if your business goes bankrupt. However, there is a form of incorporation that can help protect you from liability that you should consider when choosing your business form. If you have a business, you should consider forming a…
When you are buying a business, you should not be taking a leap of faith. You should know exactly what you are getting, both in terms of the actual business and any potential liabilities. In every business transaction, you have the ability to perform due diligence on the business that you intend to acquire. Due diligence is the process…
It may surprise you to learn that you may not get the exclusive use of property that you have purchased. For various reasons, others may have a right to use it, whether it was established by law or custom. An easement is defined as the right to use or cross someone else’s land for a certain specified purpose. The…
