In the last post, our blog began discussing more about the concept of company mergers, meaning those deals in which two existing businesses combine to form a new entity. Our purpose in this endeavor was to help both small and mid-sized business owners understand more...
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How well do you understand company mergers?
When most people hear a business-related term like merger, they automatically envision boardrooms in global business centers where corporate titans hammer out a new billion-dollar business venture via a wholly arcane process. In other words, people associate mergers...
Understanding business formation: General partnerships – II
In a previous post, we began discussing how nascent entrepreneurs here in Utah will need to make a host of important decisions when they decide to bring a product or service to market from the financial and the tactical to the logistical and, of course, the legal....
Understanding business formation: General partnerships
When a group of individuals comes together with a plan to market a product or provide a service for which they believe there is consumer demand, they will be confronted almost immediately with the need to make a multitude of important decisions. For instance, these...
What you need to know about non-competition agreements
Having your "ducks in a row" is absolutely critical when running a business. If you aren't handling important issues in a timely manner, or if your documents lack the compliance and completeness that they need to be enforceable, then your company could be at risk. We...
Lawsuit over Oregon’s healthcare website ensnares Oracle
Many people may not be aware of this, but the state of Oregon's healthcare website was "botched" and it's launch has cost the state a lot of money. The company that was behind the website is Oracle, and the two sides have been engaged in a legal battle ever since the...
Avoid the perils of the hiring process
On the surface, the hiring process may seem like such a simple step for a business or potential employee. Job hunters apply for a job; the company reviews all of the potential applicants and their resumes; they interview the candidates; and, eventually, a new employee...
How non-competition agreements can help businesses
When you are in charge of a business, or a portion of a business, then you obviously have an incentive to optimize your company. In order to do this, you have to utilize all of the tools at your disposal to get the most out of your employees and to allow your business...
What generally happens in the merger review process?
A lot needs to happen when two companies decide to work out a business merger or acquisition. Not only does the a company have to ensure the support of shareholders and get the financial and logistical aspects of such a deal worked out, there are also legal issues...
DirecTV service stall-out a reminder of the importance of effective contract negotiation
Utah readers who subscribe to DirecTV may remember that the first football game of the NFL season was unavailable for viewing last month. The reason the game never aired is apparently that NBC’s affiliate in Utah, KSL-TV, has been off the air completely for...