More than half of all small businesses are owned by people over 50 years old, according to the Small Business Administration. As the Baby Boomer generation born between 1946 and 1964 heads into retirement in record numbers each year, succession…
A commercial agreement is a business contract that establishes the terms of business transactions between two or more parties. Commercial agreements come in many forms and encompass just about every aspect of conducting business, from wages and hiring, to loans…
The decision to lease commercial space vs. buying commercial space is often circumstantial, and frequently based on the current state of the real estate market. If you want to preserve a right to purchase the space your business is renting,…
When it comes to building wealth, owning rental properties can be a highly effective strategy. With rental real estate investments, you build equity in properties while your tenants make the payments for you. But owning rental property is not without…
Running your own business means constantly striving to stay on top of finances, trends, logistics, employees, and competition. While protecting assets may not be at the top of your priority list, it is critical to safeguarding your business, and your…
If you’re in the process of establishing a business, choosing a legal structure is one of the earliest and most important decisions you’ll face. Many websites offer online guidance and may even provide you with incorporation documents or partnership agreements,…
The Secretary of the Pennsylvania Department of Labor and Industry, in announcing the Department’s new overtime rule, projected that up to 251,000 or more people employed in Pennsylvania could soon see overtime compensation in their paychecks where there was none…
In a recent Pennsylvania Supreme Court decision, the Court has given the green light to employees to file certain retaliation claims with a state court under the Pennsylvania Whistleblower Law without first filing a charge or complaint with the Pennsylvania…
