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Two friends start a bike shop. After forming a corporation to protect their personal assets as shareholders, each is allotted a fifty percent interest in the company. After a few years of struggling, the business finds its footing and begins to enjoy an extended...

There are many legal issues facing new businesses. One of the most prominent involves employment. Startup companies often attempt to lure new talent by offering stock in lieu of or in addition to wages. Business owners should be careful in making sure that these...

A new restaurant is opening at the local shopping center. Contractors are in the process of completing the build-out to the owners’ specifications and the proposed opening day for the restaurant is quickly approaching. The upcoming process of hiring employees to work...