Contract disputes can drain time and money from a business. While some breaches require immediate action, many situations may benefit from a more measured approach. Cure periods provide that middle ground. When you include a cure period in your contract, you give the...
You spent decades building your company in Pennsylvania. Now you want to step back without tearing it apart. You want each of your children treated fairly, especially those who work beside you each day. However, business succession and estate distribution follow...
Contract breaches are disruptive and potentially expensive. Business leaders often act promptly to address any deviations from written agreements. In some cases, contract breaches are the result of confusion or miscommunication. The other party may immediately act to...
Companies may decide to combine operations with another business for a variety of reasons. Perhaps a competitor or a company in an adjacent industry has valuable intellectual property. Employees, facilities and brand reputation can also be driving forces behind a...
Business succession planning is about an organization’s leadership thinking ahead to be sure that the business has the talent and experience in reserve that it may need to replace a key role, sometimes on short notice. After all, people change jobs frequently in the...
Pennsylvania businesses can use a boost in today’s variable market, especially when it comes from the Internal Revenue Service. Although there was some trepidation about how the current administration was planning to change tax law, it has largely left untouched one...
Many Pennsylvania business owners are aware of the possibility that their business will not generate enough profit to warrant staying open. Even business owners who are successful may want to pursue other endeavors or to spend time with family. Business owners who...
When you are starting a new business, you may be paying attention to your products and services, your business partners and employees, your potential customers and many other factors. All of those things are more than enough to keep you busy. However, it’s also...
Obtaining a government contract will be seen as a boon to many businesses. After all, it can provide a steady and reliable income stream not always found in private contracts. But government contracts are not without their potential drawbacks, as evidenced by the...
No matter if a company is small, new and a start-up or one that is large and has been in operation for decades, certain business planning should take place to ensure the longevity of the company. A CEO and other executives of a company are imperative to the successful...