https://vimeo.com/1045038171?share=copy Step 1: Get a Good Broker Step one in moving your office, get a good broker. The first step in moving your office from one commercial area to another commercial space is to get a good broker. Now, you may say, why do I need a...
Corporate Planning
Corporate Reorgs Part I: The A, B, C’s of Corporate Reorganization
Corporate reorganization refers to the process of making substantial changes regarding the structure of a business. Corporate reorganization is meant to improve the entity’s efficiency, profitability, and strategic position in the marketplace. Companies may reorganize...
Corporate Reorgs Part II: The E, F, G’s of Corporate Reorganization
In the first part of this blog series, we discussed types A, B, and C corporate reorganizations. The Internal Revenue Code provides other ways a company can be restructured. Types D, E, F, and G corporate reorganizations are four more options available under the...
What Do You Need to Prepare a Business Continuity Plan?
A business continuity plan can help ensure your organization will keep running, despite any interruption. Whether there is a hurricane, pandemic, financial crash, earthquake, or other unforeseen circumstances, this document can help ensure you reduce downtime at your...
What is a Disaster Recovery Plan?
A business faces many threats. Those threats can be in the form of markets, competition, threats, or litigation. Those threats can also include natural disasters, power outages, and cyberattacks. While it is important to have a business continuity plan in place to...
Breach of Fiduciary Duty: Self-Dealing
A fiduciary duty is a legal obligation owed by corporate officers, directors, and partners to the company and its shareholders. Several fiduciary duties are imposed on these individuals — including the duties of loyalty, care, and good faith. While there are many ways...