An economic recession can impact individuals and businesses alike. People may start reducing their spending, and that can worsen the impacts already experienced by previously profitable organizations. Sometimes, businesses have to make difficult decisions. They may...
Common pitfalls when small businesses bring on employees
The decision to hire a new employee is often an indication of a company's success. When small businesses are in a position to afford another worker, this can be a sign of growth. Unfortunately, some business owners and executives will let their excitement about a...
What if employees leave and takes business with them?
The employees who make the most money for your business can also potentially do the most damage to it. Someone on your sales team might have access to a comprehensive list of all of your current clients. Those working in executive positions or in research and...
What Happens To A Family Business In Divorce?
Whether you decided to file for divorce or got served when your spouse filed, it is natural to feel protective about your biggest assets when you consider the end of your marriage. As a Pennsylvania professional who has run a business with your family, the company...
How do you close a business?
There may come a time when you're interested in closing your business. Maybe you're moving on to a new venture, maybe you took a job with another company or perhaps you're just shutting it down because you want to retire. Regardless of the reason, it's very important...
What if an employee leaves and takes business with them?
Your employees should help you build your business, not undermine or destroy it. When you add to your staff, you want to improve your company, not damage it. Unfortunately, workers can potentially cause a lot of damage to your company. A new hire could provide you...
Protect your business with these essential contracts
When you run a business, something you should get familiar with is using contracts. Contracts come in many forms, so it’s smart to learn about the different styles and how they may help your company protect itself against liability and against changes that impact your...
These are common challenges with third-party vendors
Working with vendors can be helpful for your business. However, there could be a few different legal issues you run into. Whether it is a vendor that does not deliver on time or one that challenges a contract after it has been signed, it is important to know what to...
How a divorce could impact your company
If you own a business in Pennsylvania, you could lose some or all of your ownership interest in that company if your marriage comes to an end. However, there is also a chance that your organization will be seen as separate property or otherwise excluded from being...
Tips for breaking a business lease
If you are unhappy with your current lease, it may be possible to ask your landlord to cancel the remainder of its term. This may allow to move to another location within Pennsylvania that is less expensive or is otherwise better suited to what your business aims to...