We’ve all heard the stats… 50% of marriages end in divorce. And you ask, what does this have to do with business law Scott? The answer is simple, despite the myth that 95% of companies fail (I’ve heard, 80%, 90%, etc.), reality suggests that nearly 50% of companies make it to the fifth year. ( https://www.sba.gov/sites/default/files/Business-Survival.pdf). […]
LLC
Structuring Alone is Not Enough
It is common for entrepreneurs to form multiple companies to operate various business interests. Even when those interests are being utilized to accomplish a core mission. For example, using a Holding Company (HC) to hold the interest in several subsidiary companies… a Payroll Company (PC), an Operations Company (OC), and a Real Estate Company (RC). Proper […]