Expanding businesses face choices about whether to add new partners, owners, or shareholders. Unlike simply hiring new staff, adding members to your company’s core may
Category: Updates
A Buyer’s Guide to Intermediate Steps in Mergers or Acquisitions
You are a leader in a small to medium-sized company. Along with your executive peers, you are trying to determine the next steps for growth.
A Crash Course in Letters of Intent
What is a letter of intent? A letter of intent is essentially a document that lays out basic information about a particular future transaction. Typically,
When is a Confidentiality Agreement a Good Idea?
Many business discussions begin with an interesting new idea. Whether it’s about a possible merger, a new way to run a process, or a new
Purchasing a Small Corporation
Roughly 20% of all small businesses in the U.S. are organized as corporations. Whether you are looking to buy or sell a corporation or even
Complex Agreements, if Improperly Drafted, Can Cause Complex Problems
On October 11, 2013 in the U.S. District Court in Minneapolis, arguments began in a complex legal dispute that showcases the importance of thorough contract
Valuation Methods for LLC Buy-Sell Agreements
With Minnesota’s Revised Uniform Limited Liability Company Act going into effect later this year, it is a perfect time to review your current LLC’s operating
Confidentiality in Mergers & Acquisitions: When, Who, and What
Mergers and acquisitions (M&A) are increasingly commonplace in business, and 2014 was the largest year for M&A activity since the 2007-2008 recession. Tracking the rise in