Business partners (ideally) share their efforts and their resources to help build a functional and profitable company. In a two-partner firm, both business partners directly benefit from successful company operations and both of them might suffer if there were issues...
Meeting someone who has similar aspirations can be a very valuable encounter for a would-be entrepreneur. A potential business partner can offer the expertise, support and/or funding that they require to turn their concept into a viable business model. Unfortunately,...
The dark-store theory is increasingly becoming more about practice than theory since emerging during the Great Recession in the late-2000s. The concept is relatively simple – the value of warehouse space, big-box retail building or other commercial property should be...
As with residential real estate contracts, commercial real estate contracts often need contingencies to avoid unnecessary risk. Adding a few carefully crafted contingency plans are safety measures that can be helpful or provide peace of mind to buyers and sellers and...
The pandemic changed the way that many do business, and sometimes it made it hard, if not impossible, to meet the conditions of contracts drafted before the world changed. Despite the challenges, which now also include supply chain issues, a business may face a...
A business partner’s conduct can have a profound impact on someone's financial stability and their career. Oftentimes, people expect their business partner to split the managerial workload at a startup and make certain goals more achievable. When business partners...
Partnerships often begin with a sense of optimism, but some do not work out. If a partner leaves, it can elicit feelings of anger and frustration. It can also have a genuine impact on the company's bottom line. In such cases, the company or remaining partners may want...
Renting or leasing a commercial or residential space involves expectations for the landlord and occupant. Such details as cost, when rent is due, and other conditions are in a lease agreement, but it will also have conditions like the space's habitability, which must...
The short answer to the above question is "maybe." Federal securities law requires publicly held companies to release financial reports. If there is a likelihood of a lawsuit and the ruling could impact the financial bottom line, the corporation should include the...
Your desire to see a return on your investments may have driven you to buy shares in a specific business. On the other hand, you may have an interest in the company's operations. As a shareholder, you should have some influence over the organization and stand to...