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Succession Planning for Your Family Business

December 4, 2023

A succession plan provides for how the business will transition from one family member to another and is part of a good governance structure.

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Does Your Business Have to Comply With the ADA?

October 23, 2023

In Wisconsin, all employers with 15 or more employees are required by law to comply with ADA laws.

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How Can I Limit My Personal Liability When Starting a Business?

September 18, 2023

When you start a business, you will want to minimize your exposure so that you do not become personally liable for debts or payments that should be paid for by the company. 

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Can Someone Change a Contract After it is Signed?

August 14, 2023

Once a contract is signed, you may only modify it when both parties are in agreement with the changes, and both parties must agree to the changes in writing.

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What is the Difference Between Warranty and Indemnity?

July 10, 2023

Warranties and indemnities are both ways to protect yourself and provide you with peace of mind for how to resolve matters in a fair manner if problems arise. They are particularly important in asset purchase agreements where the buyer does not have much knowledge of the working of the business.

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What are the Four Types of Business Contracts?

May 22, 2023

There are four main types of business contracts — leases, sales contracts, employment contracts, and general contracts.

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How Do I Make My Company an ESOP?

May 1, 2023

An ESOP can make employment more attractive and can help to improve turnover rates as well as provide some tax incentives to the company. So how do you begin?

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When Must Employers Pay Overtime?

March 20, 2023

Per Wisconsin law, most wage employees are owed time and a half for overtime hours, but some workers are exempt from overtime pay laws.

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Is it Better to Rent or Buy Commercial Property?

January 23, 2023

There are advantages and disadvantages to both options, so it is helpful to learn more before you make a choice. Here are some things to consider.

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50/50 Partnership Buyout

January 5, 2023

Your business is your most important asset, and it is essential to make decisions that are going to help the company thrive and grow. When you are in business with a partner, you likely have a 50/50 partnership. In this case, both partners have an equal stake in the business, and both make decisions together. […]

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