Entrepreneurs in Oregon often opt to purchase an established, successful business for obvious reasons of lowering their risk going forward. The process of purchasing a going concern is not quite as easy as it may appear at first blush. Every aspect of business...
Month: November 2018
What to think about before becoming partners
It seems like the perfect situation. You’ve come up with a fantastic idea for a new business, and you even have a person (or two) who seem just as excited as you about turning it into a thriving business.Forming a partnership comes with a lot of potential...
Contracts made for software and hardware are difficult to reject
Nearly all local county and city governments in Oregon and nationwide have by now switched to some form of a digital system of data retrieval and storage. For example, the old ways of having clerks type massive deeds by hand into heavy, burdensome record books are...
Business formation may include purchasing an ongoing enterprise
There are many details to consider when buying a business in Oregon or anywhere else. It is true that purchasing an ongoing business may give the entrepreneur a better chance of succeeding by taking over a tried-and-true enterprise. However, even in this easier...
Business formation process requires cybersecurity due diligence
When starting a business in Oregon due diligence requires that issues of data privacy, cybersecurity and the risk of data breaches be thoroughly researched and accounted for. The same applies in the business formation process that accompanies mergers and acquisitions....
Business litigation claims bank’s mishandling of customer account
Scams against funds held and processed by banking institutions are increasing, including in Oregon. In one such incident, a computer services company recently filed a multi-count business litigation lawsuit against a savings bank that is alleged to have failed...
