As part of the negotiation of the terms and conditions that will govern the sale of a business, the selling party should develop and implement a strategy for obtaining a “market” deal (i.e. a deal that includes standard terms and … Read more
By obtaining certification as a “woman-owned small business” through the Small Business Administration (SBA) and at the state level through third-party firms, a small business that is managed and controlled by one or more women can secure a number of … Read more
An article prepared by Paul T. Rushton, the Chair of our Business & Finance Department, was recently published in the Winter 2021 Newsletter for the Business Law Section of the Pennsylvania Bar Association. The article, titled “More than a Handshake … Read more
Steven P. Roth and Christyan A. Telech, attorneys with our Business and Finance Department, were recently successful in representing a corporate client through an 18 month long workout, restructuring and refinancing, which involved taking out multiple floorplan lines of credit … Read more
Individuals organizing a Pennsylvania non-profit corporation for use with a charitable cause are oftentimes surprised to learn that such entity is not automatically exempt from federal taxation. Rather, to obtain such tax-exempt status, the organization must apply for, and be … Read more
This week, the Biden administration announced changes designed to make funding available through the Paycheck Protection Program (“PPP”) more accessible to small businesses.
Beginning today, Wednesday, February, 24, 2021, businesses with less than 20 employees have an exclusive, 2 week … Read more
Franchise opportunities often present one of the most attractive options for individuals that wish to start their own business. Due to the recognizable nature of a franchised brand and a franchise’s proven formula for the earliest stages of the business … Read more
An article prepared by Paul T. Rushton, the Chair of our Business & Finance Department, was recently featured in the Times Leader’s Attorney Showcase. The article, titled “More than a Handshake Required – Practical Tips for Efficient Compliance with the … Read more
When your business performs work for a corporation or an LLC, you may extend thousands of dollars of credit to an entity that does not have the ability to pay what will be owed, sometimes relying on the individual owner … Read more
The Small Business Administration (“SBA”) has recently reopened the Paycheck Protection Program (“PPP”). PPP funds are available to certain entities which have not previously received a PPP Loan and to qualifying entities which have previously received a PPP Loan.
Applicants … Read more