If you have your mind dead set on starting a company from the ground up, that’s a great way to become a small business owner. Many people do it every year, and it can be incredibly rewarding.  That said, there is also the option to buy a business that exists and take...

Many companies offer shares in their company to raise the capital necessary to grow their reach. While this is one of the many benefits associated with taking on shareholders, there are some downsides to doing so. Your shareholders can dictate how you run your...

Many companies have trade secrets or other proprietary information that they want to protect. A company's leadership may have employees sign contracts, including nondisclosure or non-compete documents. Companies do this to protect their valuable assets from ending up...

If you own a business with a partner, you may find yourself wondering what happens if they leave the business -- or, though you hope it will never occur, you may be wondering what happens if they pass away. You need some sort of plan for the future. You need the...

A partnership agreement can save your business a lot of trouble in the future. It can outline what duties you and your business partner have, what percentage of the business you own, how you’re supposed to make decisions or resolve disputes, what to do if someone...

The business you built is likely the result of years of hard work and effort. You may dream of having the business also serve as your legacy long after you die. If you leave your ownership interest to someone you love and trust, they could continue operating the...

When setting up and running a Boston business, it pays to keep an eye out for any issues that could develop into legal problems. However well things are going, be aware that it only takes one lawsuit to put a company’s fortunes on a downward slope. These are some of...

Clearly, you have the option to quit working at your own business if you’re ready to be done with it. You don’t just want to quit, though. You want to sell the business and get the money out that you have invested. You may see this as your option to retire, or you may...

You and your new business partner have a great relationship -- and you hope that nothing ever happens to it. But what if it does? All kinds of things in your partner’s personal life have the potential to bleed into your business relationship, including things like...

Lexington is a wonderful place to have a business. The derby and influx of regular visitors makes it perfect for restaurants, hotels and other services. With the Bourbon Trail and other attractions, this is one city that many people plan to travel to at least once in...