by Howard C. Stross | Jan 27, 2022 | Business Law, Buying and Selling a Business, Small Business, Tax
There are activities we engage in outside of work strictly for personal reasons, with no thought of ever profiting from them. You might, for example, enjoy photography, hiking on the weekends, or collecting classic records. There is no monetary gain—and no expectation...
by Howard C. Stross | Aug 6, 2020 | Business Law, Buying and Selling a Business, Small Business
Contracts are an essential part of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. Sometimes, business owners attempt to create their own contracts by...
by Howard C. Stross | Jul 17, 2020 | Business Law, Buying and Selling a Business, Commercial Real Estate, LLC, Small Business
There was a time, not too long ago, when you could buy a business that included real estate, and documentary stamp transfer tax (“Doc Stamp Tax”) did not have to be paid. Why? Because ownership of the real estate did not change, i.e. the limited liability company or...
by Howard C. Stross | Apr 8, 2020 | Business Law, Buying and Selling a Business, Real Estate Closings
Once a business sale contract is signed, a buyer or seller may ask how long it will take to close the deal. Howard Stross discusses what can affect a closing date when buying or selling a business. The timing for closing on a business purchase or sale could depend on...
by Howard C. Stross | Mar 18, 2016 | Business Law, Buying and Selling a Business, Small Business
BUSINESS TRANSITION / BUY-SELL AGREEMENT CHECKLIST When considering selling or transferring control of your business, or even buying a business (collectively referred to below as “Business Transition”), where do you start? Speak with your attorney. The discussion with...
