Vendor agreements are contracts that a business owner, or someone representing the business, enters into with a vendor, an individual, or company that provides products or services to the business. Vendor agreements can cover a number of different products and services, including professional consulting services, office supplies, software, marketing, event planning, and more.
It has been said that if you fail to plan, you are planning to fail. The saying holds true when you are selling your business, too. When selling your business, you want the transaction to go smoothly, and ultimately, you want the sale to be successful. Before putting your business on the market, you must collect as much information as possible, as any potential sellers will want to see certain documents.
You will need a lot of documents when selling your business, and the earlier you start collecting them, the better prepared you will be for the sale. If you are getting ready to sell your business, below is a list of documents you should have ready. [Read more…] about Legal Documents Required for Selling a Business
It is not uncommon for people to think that if they have a valid will in place, they have taken care of all of their estate planning. Unfortunately, that is not true. Comprehensive estate plans involve more than just a will. Trusts, for instance, are one tool that help surviving family members and offer benefits for the person that created it during their lifetime as well.
Trusts are legal documents that create an arrangement between two parties: the trustee and the grantor. The grantor creates the trust and the trustee manages the trust in accordance with the wishes of the grantor. You have options when creating trusts for your estate plan. Below are 11 types of trusts you may want to consider when creating your estate plan. [Read more…] about 11 Types of Trusts for Estate Planning
So, you’ve come up with a great business idea, and you can’t wait to get started. There is much to do, and the process might seem overwhelming. We hope this business startup checklist helps you stay organized. [Read more…] about Business Startup Checklist
Disputes among business associates, partners, and employees are very common. Regardless of the size of the business, disputes are almost inevitable, particularly if you have not taken the proper steps to try and avoid them. Even when you have taken certain measures, disputes can still arise and when they do, it is essential that you know how to handle them. Here are some of the most common business disputes and some tips on how to handle them. [Read more…] about The Most Common Business Disputes & How to Handle Them