Resources
-
Buying a Distressed Business Can Be a Good Acquisition
June 5, 2018
For some buyers, but not most, buying a distressed or troubled business can be the right move. Buying distressed businesses is a risky acquisition strategy – but with potentially great rewards. ...
-
3 Tips for a Successful Acquisition Search + 3 Years of CLF
May 22, 2018
An Acquisition Search Should Be BOTH Systematic and Opportunistic It occurs to me that when you search for an acquisition opportunity, it is very important to have a well-designed process in place, but...
-
5 Questions to Ask When Thinking About Buying a Business
May 14, 2018
I have assisted with many business acquisitions over my decades practicing business law, most of it focused on business transactions. Along the way, I have helped literally dozens of clients and budding...
-
4 Helpful Tips for Selling Your Business
May 8, 2018
Business Planning. No other words have more meaning for business owners, yet many businesses fail to plan adequately for one of the most important phases of a business life cycle: The end. We know...
-
Year-End Business Planning
January 23, 2018
As a business owner myself, I have been doing my own year-end business planning. My businesses have performed and progressed well in 2017, but I have by no means accomplished all of my objectives with...
-
The Importance of Letters of Intent and Term Sheets in Business Acquisitions
December 11, 2017
I recommend that letters of intent, and term sheets, that cover all of the major business points concerning the contemplated transaction, be sufficiently detailed. Why? Because unless there is a fundamental...
-
Workers Can Be “Intoxicated Persons” Too
October 10, 2017
For those of you who are purveyors of alcohol or who are counselling purveyors of alcohol, the Ohio Supreme Court recently clarified that a liquor establishment’s workers and independent contractors,...
-
The Harder I Work, The Luckier I Get
September 25, 2017
I have had the opportunity to work for and with literally hundreds of business owners and managers over the course of my career in the private practice of business law. I can’t say for certain,...
-
Due Diligence for Acquisition Prospects: Why? and How?
July 31, 2017
Over the past three decades, I have advised clients in literally hundreds of mergers and acquisitions. If there is one thing I have learned from this experience, it is that performing comprehensive due...
-
When Conducting An Acquisition Search, Be Both Systematic and Opportunistic
July 17, 2017
It occurs to me that when you search for an acquisition opportunity, it is very important to be both thoughtful and systematic. Take whatever time you need to carefully study and to determine what kind...
-
An Example of How Having an Attorney Review a Simple Draft Agreement Can Be So…..Worthwhile
June 5, 2017
A longtime friend called for advice earlier this month, and our conversation reminded me how having an attorney review even a simple draft amended legal agreement can be so…. worthwhile. Legal...
-
In Commercial Litigation, We Need To Be Aggressive
April 18, 2017
Earlier this month a former client and friend referred his neighbor to us. His neighbor had resigned from his position, but shortly thereafter been sued by his former employer for allegedly violating...
-
Business Buyers Can Take Advantage of the Very Imperfect Market For Private Businesses
April 10, 2017
We have assisted clients with their acquisition of ongoing businesses for several decades. We have, during that period, assisted with quite literally hundreds of business transactions, including well over...
-
For a Commercial Litigation Claim, KISS (Keep It Simple Stupid!)
April 3, 2017
Recently I was approached by a former client and asked to handle a piece of commercial litigation for him in Guernsey County, Ohio. I declined to get involved in the commercial litigation claim, as it...
-
Legal Professionals and Accountability
March 20, 2017
As professionals we need to be held accountable to our clients. As professionals we need to be prepared, and to do our level best on behalf of our clients. We as attorneys and legal professionals have...
