You’ve poured time, money, sweat, and love into building your company. Now, you’re ready to sell your business and reap the benefits of all your hard work.The right business purchase transaction can sell your business at a profit while the wrong approach can leave you worse off than you’d hoped. Although your business is a […]
Why Your Commercial Lease Needs A Covid 19 Clause
3 Ways Your Business Can Survive Another Lockdown
With many areas heading again into lockdowns and severe business restrictions, business owners are again scrambling to survive. In this video, we present a few ways business owners can try to mitigate this latest round of business closures and restrictions. If your business is looking for some help getting through the restrictions and needs some […]
How to Purchase a Business for Sale: Best M&A Tips for Buyers
Even with the challenges of the coronavirus pandemic, business still continues and new opportunities present themselves every day. Buying an existing business is a common approach to expanding your market share or entering into a new market.Business purchase transactions – otherwise known as mergers and acquisitions – tend to be complex whether you’re the buyer […]
How Can I Protect My Business Against Employee COVID-19 Lawsuits?
In Pennsylvania, the first COVID-19 employee wrongful death lawsuit was filed on May 7, 2020. The lawsuit argues that the employee’s exposure and death from coronavirus was “predictable and preventable” by their company. The worker’s surviving family claims the company should’ve taken better precautions to protect its employees.While COVID-19 has affected all of us, small, […]
Can Force Majeure Due to COVID-19 Get Me Out of a Contract?
Whether you’re looking at a commercial lease agreement, product delivery schedule, or manufacturing timeline, COVID-19 has probably disrupted your Philadelphia area business operations in one way or another.What do you do when the disruptions caused by the novel coronavirus are so major that they fundamentally change your ability to perform on a contract? Is there […]
How Can I Terminate My Commercial Lease in a COVID-19 World?
The coronavirus pandemic has upset nearly every aspect of the way the world does business. Most non-essential businesses in the Philadelphia area have started to operate remotely since the pandemic hit. Non-essential employees have been telecommuting from home. Many retail companies have shifted to delivery only. Depending on the severity of local COVID-19 outbreaks, some […]
2021 Business Planning: How to Plan for Success During the Dumpster Fire Time of Covid
In this new video, Managing Attorney Sarah Holmes discusses what to consider when planning for your business in 2021. Given the difficulties experienced by business owners in 2020, it can sometimes be hard to see how to plan for another year of potential uncertainty. Learn how to spot opportunities arising over the next year and […]
4 Cancellation & Rescheduling Policies Your Business Needs for COVID-19
In March 2020, the event ticketing website StubHub faced a tide of cancellations and schedule changes as the coronavirus spread across the United States.In response, the company offered customers a choice: either receive a full refund or get company credit for 120% of the original ticket price. The opt-in was a success, with many customers […]
Is This A Good Time To Buy A Business? Why We Think It’s a GREAT Time to Buy A Business
Emergency situations tend to bring out fight or flight behaviors. For business owners, covid-19 has certainly made many decide whether to fight or flee. The economic toll of covid-19 and the lockdowns and business restrictions are going to have severe effects on business owners for years to come. Unfortunately, we hear from business owners every […]