LSR Law Firm

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What Legal Considerations Should I Think About Before Buying a Franchise?

2018-10-09T21:04:49+00:00October 14th, 2018|Categories: Business Franchises, LSR Law Firm|

What Legal Considerations Should I Think About Before Buying a Franchise? If you are thinking about purchasing a franchise, congratulations! This is a very exciting time and you are right to spend a little time reading online before taking the plunge on such a huge investment. When it comes to being a business owner, purchasing a [...]

My Business Partner Has Started A Competing Business – What Are My Options?

2018-09-06T01:19:32+00:00October 3rd, 2018|Categories: LSR Law Firm|

What Can I Do If My Business Partner Decides to Start a Competing Business? When it comes to building healthy business partnerships, trust is a key ingredient. It’s only when partners fully trust one another and act in good faith that a business can truly thrive and reach it’s potential. One of the key ingredients to [...]

How to Survive a Business Divorce

2018-10-09T21:52:12+00:00September 25th, 2018|Categories: LSR Law Firm|

How to Survive a Business Divorce - Partnership Dissolution No one goes into a business partnership planning on ending it before its intended purpose has been achieved. But despite this, things happen, people change, and life moves forward. In many cases, if it’s the first sign of trouble, you may be able to work through the [...]

Are My Business Contracts Binding?

2018-10-09T21:52:45+00:00September 15th, 2018|Categories: LSR Law Firm, Uncategorized|

My Business Contracts - Are They Binding? All businesses should use contracts to govern their most important relationships. If you are just now thinking about starting a business, keep in mind that contracts help to protect you from potentially risky business relationships and disputes. It’s a tool to lay out the responsibilities and rights of all [...]

Partnership Agreements: 4 Things You Will Want to Include

2018-09-05T22:46:48+00:00September 6th, 2018|Categories: LSR Law Firm|

Partnership Agreements: 4 Things You Will Want to Include Anytime you are thinking about entering into a new business venture as a partnership, getting an agreement in place up front before things become difficult is a great way to ensure your partnership will endure rough patches and challenges that have traditionally disrupted less-prepared endeavors. However, such [...]

What Should Go in Our Shareholder or Operating Agreement?

2018-08-07T14:49:50+00:00August 28th, 2018|Categories: LSR Law Firm|

What Should Go in Our Shareholder or Operating Agreement? Shareholder agreements and operating agreements are not one-size-fits-all. In fact, they can be as diverse and varied as the different owners or groups that use them. A sure-fire way to make sure you have a poor shareholders agreement is to simply download an on-line template, sign it, [...]

Mergers & Acquisitions: Sale of Stock vs. Sale of Assets

2018-08-07T14:35:38+00:00August 19th, 2018|Categories: LSR Law Firm|

Mergers & Acquisitions: Sale of Stock vs. Sale of Assets Are you in the market to buy or sell a business and haven’t considered yet whether you are going to pursue a purchase or sale of stock or interests or a purchase or sale of assets. Many buyers prefer to purchase assets whiles many sellers prefer [...]

Transition Services Agreements

2018-08-07T00:12:25+00:00August 7th, 2018|Categories: LSR Law Firm|

Why Good Transition Services Agreements Are Important A Transition Services Agreement (TSA) is, in general, an outsourcing agreement between a seller and purchaser. The purpose of a TSA is to ensure a smooth, uninterrupted transition of services or activities during and following the transfer of ownership or operations of a business or project without interruption or [...]

Why Does My Business Need an Attorney?

2018-07-02T19:16:43+00:00July 30th, 2018|Categories: LSR Law Firm, Small Business And Startups|

Why Does My Business Need an Attorney? If you are a new business owner or thinking about starting your own small business, you may have heard a lot of discussion about how important having, a business attorney on retainer is for your company. If you’ve felt confused about how and why you may need a business [...]

How Can I Protect My Personal Assets from Business Risks?

2018-07-02T19:03:31+00:00July 20th, 2018|Categories: LSR Law Firm, Small Business And Startups|

How Can I Protect My Personal Assets from Business Risks? If you are a new small business owner or someone who is thinking about starting your own business, one area of knowledge that is likely more important than you realize is your understanding of how to protect your personal assets and finances from risks and creditors [...]