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Unique business owners: IP sofacto docketing
https://youtu.be/-UxJhvgbJ4kWhat is IP docketing? Meet Russell and Huda Krad Baylin, the founders of IP Sofacto, a global IP Docketing company that tracks and calendars the ...
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Articles of Organization Illinois: 2023 Guide to File your LLC
The Illinois Articles of Organization is the name given to a legal document that is required to formally register a limited liability company in this ...
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What is an Operating Agreement and Why Does Your LLC Need It?
What is an operating agreement? An operating agreement is the governing document of a Limited Liability Company (LLC). This document dictates the obligations and rights ...
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What is a PLLC?
A professional limited liability company, or PLLC, is a kind of business structure that offers personal asset protection to a group of licensed professionals whose ...
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Earnout: Meaning, Structure, and Uses in M&A
Reaching an agreement on the purchase price can be one of the most difficult aspects of a business transaction, as it requires strong negotiation skills ...
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10 Questions to ask when buying a business
Buying a business involves a lot of risks that need to be analyzed before moving forward in the deal. To properly assess all the aspects ...
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How to buy a restaurant
Buying a restaurant comes with several advantages. By purchasing an existing food business you will have access to its equipment, existing brand recognition, and built-in ...
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10 Red Flags When Buying a Business
Purchasing a business offers the advantage of not having to build a company from the ground. A business acquisition gives the new owner the capacity ...
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Can You Own More Than One Franchise?
People who buy into franchises often buy more than one so they can have more businesses and make more money. Franchise buyers are often entrepreneurially-minded ...
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What is Commercial Due Diligence?
What is commercial due diligence? Commercial due diligence is the process of inspecting the business you are buying. It’s similar to buying a house —you ...
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The M&A Process
Congratulations, you signed a letter of intent (LOI) to buy a business, but now you don’t know what to do next. Or maybe you’re about ...
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Is buying a franchise a good idea? Franchises pros and cons
(Video Length: 0:0:55) What is franchising and how does it work? Franchising occurs when an independent business owner opens one or more locations of an ...
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