Building a business takes time, effort and a recognizable identity. A business name is a big part of its identity and can become an important part of how customers recognize and distinguish a company from its competitors. So what happens when another business starts...
Business & Commercial Law
What happens to contracts when you sell a business?
Selling your business can feel like the final step after years of work, but the contracts behind it still need attention. An overlooked provision could leave you responsible for an obligation you thought the buyer would take over. Here are some ways contracts can be...
Should your business partner be similar to you?
It is certainly tempting to look for a business partner who is similar to you. If you are networking and trying to decide who to partner with, you will naturally feel like someone who is similar is a good fit. The two of you will get along and see things the same way....
Before you sign: the importance of due diligence
Whether you’re buying a business, investing in commercial real estate or acquiring another company, signing a contract can mean a significant financial commitment. Once that agreement is signed, it may be difficult to undo the transaction. That is why due diligence...
What should you include in a buy-sell agreement?
Many business owners eventually sell their ownership interest, bring in a new partner or step away from the business altogether. A buy-sell agreement helps those transitions move forward by establishing clear expectations before negotiations or unexpected events...
Is your brand protected? What Arizona businesses should check
A strong brand helps a company build recognition, customer trust and long-term value. In Arizona, that identity can face real risk when a rival copies a name, logo, slogan or digital content. Many entrepreneurs invest heavily to grow their brands, yet few take the...
What is cybersquatting and how can you protect your brand?
You have worked hard to build your business and establish your brand identity. The last thing you need is someone else profiting from your good name online. Unfortunately, cybersquatting remains a persistent threat that could damage your reputation and confuse your...
Things to remember before selling your franchise in Arizona
After purchasing and building a successful franchise in Arizona, you are ready for your next venture and want to move on. You might be wondering how to go about selling the business. Since you are the franchisee, there are specific contract obligations outlined by the...
What happens if a buyer backs out of a signed purchase agreement?
A signed purchase agreement can bring relief after weeks of negotiation. That relief may fade quickly when the buyer walks away after signing. If you are a business owner who has already planned around the sale, the next move often depends on the purchase agreement....
Can your business partner start a competing venture?
In Arizona, business partners must always uphold their fiduciary duties. You and your partner must put the business’s interests first before your own. But what happens if your associate decides to open a rival concept near yours? This is not only a breach of trust but...
