Archive by tag:
BusinessReturn
If you have never had a fee dispute arising from a buy/sell transaction, congratulations! But, fee disputes can happen to even the most diligent business brokers. Sometimes fee disputes arise simply because the client is unwilling to pay the fee because they may not fully appreciate the effort and value the broker contributed to the result. Other times fee disputes arise when there is a gap between the transaction results and client expectations. Since fee disputes can happen to even the most di...
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Selling your business can be a monumental decision—one that can potentially shape your financial future and legacy. However, before you take the plunge into the world of business transactions, it's crucial to consider a few key factors to ensure a smooth and successful sale.
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When change is the only constant in the business world, organizations need to equip themselves with a strategy that ensures continuity and adaptability. Succession planning emerges as a linchpin, offering a roadmap for businesses to navigate the future. Let’s explore the what, why, and how of succession planning and its transformative impact on organizational resilience.
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As Small Business Saturday approaches, the spotlight turns to the heart of our communities – the local businesses that bring vibrancy and uniqueness to our neighborhoods. This year, we invite you to consider how legal support can be a catalyst for the success of your small business.
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Now that the Payroll Protection Plan loans have started funding – the questions re: how to qualify for forgiveness and how to coordinate these funds with other benefits are on everyone’s mind. School bus contractors have their own unique difficulties in this area, especially in coordination with their contracts and the school year calendar. Just like the application process, the tax issues are as clear as mud in many regards. Some questions can be answered, but some just cannot, so far. So, Ri...
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For school bus contractors, proper access to and handling of confidential student information is important. This is especially true when dealing with special issues related to a child’s care. Businesses and school districts often struggle to balance the protection of student privacy with the disclosure of information necessary for student health and safety. This article discusses access to and protection of confidential information.
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04Mar
Liability Protection,
Tax Implications,
Business Structure,
Sole Proprieterships,
Partnerships,
Corporations,
Business Corporation Law of 1988 15 Pa. C.S.A. §101,
Limited Liability Company,
LLC,
Limited Liability Company Law of 1994 15 Pa. C.S.A. §8901,
Limited Partnerships,
Taxation |
School Bus |
When creating and operating a business, owners must decide how they want their business to be structured. Two factors that should go into every decision regarding the structure of a business are liability protection and tax implications. Liabilit protectiosn protects owners of a business from being liable for the debts and liabilities of the copmany and keeps creditors form pursuing personal assets.
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