Labor costs can be one of the most expensive aspects of running a successful organization. Every employee represents an investment in the form of wages, benefits, training and taxes. Contractual agreements with employees and careful business practices can help control...
People who want to open a business need to take the time to come up with a suitable plan before they open their doors. One decision they have to make is how they want to structure their new company. A single owner may consider a sole proprietorship, but that offers...
Starting a new business can be very expensive. Certain types of businesses may require quite a bit of startup capital because they require physical premises, specialized equipment, raw materials for production and employees. The average person with an idea for a...
Selecting a partnership structure for your new business venture may or may not be the best option for your particular vision. This business formation can be particularly appealing for entrepreneurs seeking collaboration, shared responsibility and the pooling of...
The process of beginning a new business is fraught with risk. No entrepreneur has a guarantee of success. Market demands can change in an instant, leaving businesses without crucial supplies or without consumers interested in what they have to offer. Businesses may...
Those starting new businesses and those growing existing ones often need employees to help complete various business functions. Hiring a new worker is an investment in the organization and also an expression of trust. A business owner or executive risks the...
If you’re an aspiring entrepreneur, you’re likely prepared to juggle countless tasks that have competing priorities before you even set up shop. But even though you already have a lot on your plate, you should never underestimate the importance of choosing the right...
Mergers and acquisitions are significant business strategies used by companies for various reasons, including growth, diversification and/or gaining competitive advantage. A merger involves two companies combining to form a new entity. By contrast, an acquisition is...
Entrepreneurial endeavors come with a built-in degree of risk. Anyone starting a company could potentially lose the money and resources that they invest in the organization. Their future income and personal assets could also be at risk. Not only is there risk inherent...
We are pleased to announce that attorney Harrison Oldham has been honored with the prestigious Lead Counsel Verification in Business Law, Estate Planning, and Probate. This accolade underscores Mr. Oldham's extensive legal expertise, unblemished reputation, and...