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Category Archives: Business Transactions

BusPartners

Common Mistakes Made When Selling Your Business

By Moran, Sanchy & Associates |

There are many considerations to take into account when selling your business, including the timing and valuation of the business. And, in fact, there are many things that can go wrong and frequent mistakes that people make when selling their business. Below, we discuss some of these potential mistakes and pitfalls. You always want… Read More »

BusinessModel

The Pros and Cons of Subscription Services as Business Transaction Models

By Moran, Sanchy & Associates |

These days, the subscription has become more popular than ever as a business transaction model: Amazon, Netflix, Dropbox, Spotify, etc.—all are based on users paying for a regular, supposedly superior service. The subscription-based business model is appealing to many because it arguably “locks in” a specific number of customers for a set amount time,… Read More »

BusinessL

Should Your Business Go Cashless? Our Attorneys Discuss Your Options

By Moran, Sanchy & Associates |

Many businesses have decided to go cashless and accept only card and digital payments of late. Just between 2010 and 2014, the share of transactions that did not involve cash grew by 20 percent. In addition, paying by credit or debit card was the preferred way to pay for 75 percent of consumers surveyed…. Read More »

Litigation2

Understanding Jurisdiction in Business Litigation

By Moran, Sanchy & Associates |

Understanding how personal jurisdiction works is essential to anyone involved in business transactions and/or litigation because it effectively determines whether a company can sue and/or be sued in a particular state. Jurisdiction is important because, as so aptly described in one article, “not every court is the right place to bring a particular lawsuit.”… Read More »

BusLaw2

Selling Your Business

By Moran, Sanchy & Associates |

Those who run their own business are typically well-versed in the day-to-day business transactions and contracts that are necessary to keep things up and running. However, when it comes to how to go about selling your business, there can often be more uncertainty and anxiety involved; precisely because the business is your baby. It… Read More »

LLC

Understanding An LLC Operating Agreement

By Moran, Sanchy & Associates |

Business owners across the country have come to rely on the great security that a limited liability company (LLC) business structure provides. The hybrid structure of an LLC takes the ideology from both corporations and partnerships to provide business owners with a flexible management structure. LLC operators are able to protect themselves from certain… Read More »

Business6

How Should You Structure Your New Business

By Moran, Sanchy & Associates |

The prospect of starting a new business can be exhilarating, and the idea of creating something successful is often a great joy in an individual’s life. However, it is important to ensure you are considering the various legal implications during the business formation process. Unfortunately, the process is often complex and a mistake can… Read More »