It’s not an easy decision to shutter your Pennsylvania business. While just making the decision is difficult, there are then steps that you have to take with the government to legally dissolve your business. First steps to dissolving your business The first steps to...
Business Law
Understanding an LLC operating agreement
Opening a new business in Pennsylvania involves many decisions. One of them will be the form that your new business should take. If you decide to form your business as an LLC, there are a few details to take note of. One of them will be to decide on the terms of your...
Considerations for business startups
Residents and new businesses in Pittsburgh and other nearby areas of Pennsylvania should be aware of legal requirements that come with starting a new business. You want to be sure that you are ready to begin a growing business. According to Nerdwallet, you do not want...
When might your company need a lawyer?
Ideally, a portion of your business plan will be dedicated to considering the types of legal issues that your Pennsylvania company might encounter. This will make it easier to determine when you need to hire a lawyer to help represent the company's interests....
Preventing discord when disciplining employees
Discipline in the workplace can feel uncomfortable for both employer and employee. If not carefully dealt with, disciplinary measures can create ongoing tension and ultimately jeopardize an employee's job and an employer's reputation. When organizational leaders...
Should you jump straight to litigation?
As a business owner, the last thing you want are problems brewing in your ranks. Unfortunately, disputes happen even to the best of businesses. You are bound to run into some conflict of interest at some point if your business involves more than one person. The...
Is your noncompete agreement enforceable?
If you have launched a startup venture, you undoubtedly know how difficult it can be to recruit and retain top talent. Especially if you have trained them, you do not want your skilled workers to compete against your company either by starting a business or joining a...
How do you choose a business successor?
Pennsylvania business owners have a lot of preparation work to do when it comes to setting up your succession plan. One of the first things you need to work out is who will inherit your business. In fact, you should have a business heir in mind when you are crafting...
How should small business owners navigate succession planning?
While small business owners may not have the same reach as larger companies, they can still prepare to pass their company down the same way bigger businesses do. Regardless of the size of your business, there is a right way to handle succession planning. SCORE breaks...
How do C and S corporations differ?
If you wish to build a business a corporation, you will have some options. The most common involves choosing between a C corporation and an S corporation. According to Smart Asset, these types of corporations get their names from the IRS tax code that distinguishes...