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“I want to give my employees some equity. What do you think?” I get asked this question a few times each month from clients or prospective clients who want to explore the idea of giving some (or many) of their … Read More
Let me start by saying there is NO “one size fits all” shareholder agreement. Not surprisingly, they come in all shapes and sizes and, to be meaningful, they should be tailored to your company and the particulars of its current … Read More
Of the many things I’ve learned after practising business law for close to 20 years, educating clients on how to manage professional fees is near the top of the list. Why? Quite simply, a happy client is a client who received … Read More
Litigation. It’s part of our business landscape and eventually you’ll need to duke it out in court either as plaintiff or defendant. Some say it’s a “cost of doing business”. Others say that if you manage to avoid litigation over the … Read More
Everybody loves “the underdog”. We see this play out in professional sports every week. Horse tracks and Vegas casinos were built by exploiting the hard-earn dollars of dreamers everywhere who placed crazy 25:1 long-shot bets which, as we all know, … Read More
Let me start this post by taking an interesting poll: How many business owners take the time to actually PREPARE for their eventual exit? While I don’t have hard statistics on this, my personal experience is “… definitely less than … Read More