Business Law Insights: Stay Informed, Stay Ahead
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Key People You Need For Your Business – Part 2
Last month, I wrote about the key people you need to assist your small business. After sending out the post, I heard feedback about other key people that are beneficial. Here are some of those additional key people you need to have on your team: Merchant Services....
Key People You Need For Your Business
Many small businesses outsource their key departments. It only makes sense if you do not need a full-time person. Hire a company to manage a specific role, let them work when needed, and reduce overhead and cost. In my experience, these are the key people you need to...
Contract Clauses
When parties enter a contract, there must be a mutual agreement on the terms. Essentially this is Contract 101; there must be a benefit of the bargain. Often, one party is contributing money, and the other party is doing/not doing something. The terms that go along...
Life Insurance for Small Business Owners
In the fast-paced life of co-owning your business, you know that anything can happen. You also know that no matter what happens, you must figure out how to keep the business going. This is especially true if you or one of your co-owners passes away. Losing a business...
Small Businesses and Their Employees
If you own a small business and have employees, you must make sure they are properly paid on time. The Massachusetts Wage Act, G. L. c. 149, § 148 (“Wage Act”), sets forth deadlines for timely payment for employees, including those discharged from employment. If you...
BBB Webinar on Selling Your Business
On May 24, 2002, myself and Rita Coco will be conducting a webinar with the Better Business Bureau on selling your business. This will be related to my prior blog post. If you watched the episode and still have questions about how to sell your business, when to sell...
Selling Your Business – With Video!
Recently, I sat down with Rita Coco to discuss the legal aspects of selling your business. It was recorded for WACA-TV, and if you want to know what is needed from a legal standpoint to sell your business, you can watch the episode here: https://vimeo.com/699551314...
Corporate Meetings & Minutes
If you have a Massachusetts corporation, you must hold an annual meeting. It is required by law (G.L. c. 156D, § 7.01) and is usually in your bylaws. At the annual meeting, shareholders can elect directors and transact any other business. The meeting can be held at a...
Business Person Of The Year
Alignable’s network chose my firm as Framingham’s 2022 Business Person Of The Year. The largest online referral network for small businesses, Alignable.com announced the results of its search for leaders who’ve gone above and beyond guiding peers and supporting entire...