When tackling most problems, two heads are better than one. The same is often true in business. When one company takes over the business of another company, a sleeker more efficient business model can result. Below is a discussion of the essential terms of an asset acquisition, which we have distinguished from mergers and stock acquisitions. Three Most …
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Terms to Include in Employment Contracts
Employment contracts are one of the first important agreements between employers and their employees. These agreements can outline and detail very important aspects of the job, which may come in handy later on. Especially for small businesses, employment contracts are often a great source of information for both parties involved. 1. Job Title and Description This …
Commercial Leases: What is a Letter of Intent?
Creating and agreeing to lease agreements can be a difficult and time-consuming task. Commercial leases in particular present many different obstacles when trying to agree on the specific terms. In order to tackle the issue head on, parties can draft and agree to what is known as a letter of intent. A letter of intent …
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