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 […]
Coronavirus and Your Business: Do You Need a Liability Waiver?
For many business owners, coronavirus is one of the biggest challenges they’ve had to face. Business-as-usual has gone out the window as masks and social distancing have become the norm. COVID-19 is part of our reality now, at least until a vaccine comes along. Businesses must learn to survive and thrive in the new coronavirus […]
PPP Extension Granted and Major Modifications Passed by Legislature
Many small business owners know that the PPP has been nothing short of a total cluster. While it was great that the legislature initially acted so swiftly to attempt to get aid to small business owners, the PPP rules and regulations were murky and subject to changing provisions on a near-daily basis last month. Just […]