If you are interested in selling your business, you should be aware of some of the key provisions that typically appear in the deal documentation. Customarily, these clauses are expected by the buyers to support an agreement on price, timing and deal structure (i.e., merger, stock purchase or asset acquisition). While the specific details contained in such an agreement […]
The Value of Keeping Corporate Minutes
Many corporate clients ask why they should spend the time and money to maintain corporate minutes. This is especially common in small or family-run operations. Other corporate clients don’t even bother asking the question, they just don’t do it. When I am asked why they should go through the time and expense of preparing minutes […]
Succession Planning for Your California Family Business
First and second-generation family business owners spend an inordinate amount of time focused on building and preserving their family legacy. This is an enormous amount of work. For starters, it means not only growing the business and making it successful, but also positioning it for the unique and frequently delicate type of transition that takes […]