Category Archives: Business Insights Blog

Worker Classification: Employee or Independent Contractor?

  When employers engage a new worker, one of the first questions that pops up is how should this worker be classified – is the worker an employee or an independent contractor?   Why isn’t it really simple? There can be more than meets the eye at first sight here. This may be a complex…
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Why Do I Need an Operating Agreement for My LLC?

  What is an Operating Agreement? An Operating Agreement is a contract between the owners of an LLC – the LLC’s members.  The Operating Agreement may also include the LLC as a party to the contract.  The Operating Agreement is the LLC’s governing document.   What terms and matters are covered in an Operating Agreement?…
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Business Buyers: Why Do I Need a Letter of Intent?

If you are looking to purchase a business, you need to present your offer.  That is when a Letter of Intent comes in.  A Letter of Intent sets out the key terms of a transaction.  It paves the way for negotiating the purchase agreement and other major transaction documents to be signed at the closing.…
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Veterinary Practice Purchase: Why Do I Need a Letter of Intent?

  If you are looking to purchase a veterinary practice, you need to present your offer to the selling doctor.  That is when a Letter of Intent comes in.  A Letter of Intent sets out the key terms of a transaction.  It paves the way for negotiating the purchase agreement and other major transaction documents…
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