Before You Sign an LOI: Which Terms Can Bind You?
A non-binding letter of intent outlining a deal often contains binding promises. Understand exclusivity, confidentiality and negotiation obligations before signing.
Topics
Corporate & Governance
Buying a Business: Seven Questions to Resolve Before Closing
Move beyond the purchase price: examine deal structure, transferable contracts, liabilities, working capital and the first day of ownership.
Founder Agreements: What to Decide Before Issuing Equity
Ownership percentages are only the beginning. Address roles, vesting, intellectual property, control and departures while the founders are aligned.
Choosing an Entity Type: LLC vs. Corporation
LLCs and corporations can both provide limited liability, but governance, equity, tax treatment and fundraising needs can point toward different structures.
Should My Rental Property Be in an LLC?
An LLC can help separate a rental activity from an owner’s personal affairs, but the entity is only one piece of a broader risk, tax, financing and insurance analysis.