Crafting a business succession plan gives your company a better chance of continuing on once you decide to step down or if for some unforeseen reason you cannot serve any longer as owner. Picking someone to take over for you will be a vital component of your...
COVID-19 UPDATE: To protect your safety and the safety of our staff, we are offering our clients the ability to connect via telephone, video conference, or in person as usual. To discuss your options, please call the office.
Using communication to reduce your risks of contract disputes
Operating a business in Kentucky means the opportunity to interact with lots of other industry professionals. Preserving and strengthening business relationships is often supported through the use of a contract. Preventing contract disputes from undermining valuable...
Reverse mergers explained
A reverse merger happens when a private company that is usually smaller takes the steps necessary to acquire a company that has gone public. The use of the word "reverse" to describe these types of transactions refers to the fact that it is not as common to see a...
Why businesses structure themselves as LLCs
Individuals who decide to start their own business are faced with a multitude of decisions. In addition to having to decide what, exactly, the company is going to offer, entrepreneurs also have to decide what sort of structure they want to implement for their new...
Kentucky COVID-19 Pandemic Legislation
The Kentucky General Assembly has been diligently working on some new legislation in light of the COVID-19 virus pandemic. There are three sections we’d like to call your attention to: 5(b)(starting on page 5) Healthcare providers during the COVID-19 emergency...
Avoid these common mistakes for family businesses
Managing both components of a family business can be complicated, but when it’s done correctly, the results can be personally satisfying as well as profitable. The Credit Suisse Family 100 study shows family-owned companies, which include businesses where founders or...
Get your business started right with a good name
Living in Kentucky is great, especially if you're interested in horses. There are plenty of races, horse farms and equestrian events to participate in. If you are thinking of opening a business related to the Kentucky Derby or other equestrian activities throughout...
Get the right business structure to start off right
You've always wanted to open a business, and what better place could there be than the busy area of Florence, Kentucky? You're close to Cincinnati, a major airport, the highway that links multiple states and major tourist areas. If your company is set up correctly and...
Know your rights if a contract is breached in business
During the summer months, your business may be booming. Perhaps you have an outdoor restaurant or run a theme park; whatever it is you do, the warm weather benefits you. One thing that can cause a problem is when your business has to shut down because of technical...
Talk to your attorney to prevent personal liability in business
Running a business is a great way to boost your income and provide a service to those around you. In Florence, there are always lots of people, including tourists, to try out your products. Any time you start a business, it's important to make sure you take steps to...
