We've previously discussed what to expect when selling your business, but what happens after the sale closes? After all the craziness that characterizes almost every deal finally ends? One of our clients generously shared some thoughts, which we will post
It’s that time again. New year (or decade) = new laws! While new laws and amendments to existing ones are nothing unusual, this article aims to highlight some of the important changes in Nevada and federal laws that may directly
First off, selling your business will always – ALWAYS - take longer than you think it will or should. We have never seen a business sale, whether it’s five figures or seven figures, close in less than 45 days. Even
We run into many business owners who believe that the state business license, issued by the Nevada Secretary of State (NVSOS), is all they need to properly transact business in our state. Not so.
First, what does it mean to "transact
Over the last year or so, one of the largest gaming/hospitality companies in the world (whose name rhymes with schmem-gee-em) has offered early retirement packages to scores of its executives in an effort to increase profitability. We've met with a
Here at Bongiovi Law Firm we focus on serving as outside general counsel for small to medium sized businesses. As part of that representation, I frequently review and negotiate commercial lease agreements for our clients, whether it be for retail,
Things Gone Awry for Restaurant Clients
Restaurants are some of the most complicated small businesses around. In fact, just today, while talking with another business advisor about a client in dire straits, she asked, “what industry?” I said “restaur…” and before
First, let’s clarify what we mean by “foreign” - it doesn’t involve a flight across the pond or digging out your passport. Your entity is considered a foreign entity by a state other than the one in which it’s incorporated.
Get paid to quit your job. Sounds crazy, right? Not to Amazon, which is giving some of its employees $10,000 to start their own package delivery businesses. Why?
Ten years ago, who would have thought we'd become so impatient to receive