A business partnership can be a beautiful thing -- as long as everything keeps humming along nicely. Unfortunately, everything from a partner’s changing life goal to a vision of the company’s future that doesn’t jibe with your own can lead to some major conflicts. If...
Month: January 2021
Avoid civil litigation by protecting the rights of your tenants
Massachusetts property owners can earn a decent living by renting or leasing real estate (residential and commercial holdings). However, to find success as a landlord, it is vital to address and protect your tenants’ rights. Failure to do so often leads to legal...
What’s the difference between harassment and sexual harassment?
You may have to deal with a situation at work where harassment or sexual harassment come up. Whether you’re an employer or an employee, it’s vital that you have an understanding about the differences between the two. In an office setting, or in any kind of workplace,...
Could a family limited partnership be the right succession plan for your business?
Whether you are the owner of a multinational corporation or a mom-and-pop corner store, your business is a significant asset for you and your family. As such, you need to devise a strategic succession plan for your business. Your business succession plan does not...
Most family businesses don’t make it
Let’s take a moment to talk about a blunt truth that all family business owners have to face at some point: Most of these businesses do not have long term success. You can find counter-examples. For instance, the Amway multi-level marketing company was started by...