The cost of building a new home is out of reach for many people, especially with the recent economic crisis. You may be among those who prefer a brand new home because it means not having to deal with the issues a previous owner may leave behind. However, in most...
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An understanding of succession planning
Passing on a leadership role or transitioning a business to different leadership can be a complex process. Succession planning is crucial for any Maryland business owner as it allows him or her to outline what will happen to the company in the future. These plans are...
Laying a strong foundation for your business from the beginning
Starting a business is an exciting step for a prospective entrepreneur, but there are major legal and financial decisions that one must make first. Deciding on a name and creating social media accounts are not the first things you should be doing. To lay a strong...
How solid is your business succession plan?
Being a Maryland business owner can be rewarding, challenging and stressful at the same time. Whether you’ve been running a company for decades or have recently navigated the startup phases of what you hope will become a successful, long-term endeavor, it’s never too...
Guidance when buying a home is crucial
Purchasing residential property is a significant legal and financial decision for a Maryland homebuyer. If there are problems when buying a home, it can have a significant impact on a person’s financial health. This is why it is prudent to have guidance at every step...
Why your company could benefit from employment contracts
One of the most complex and potentially challenging aspects of owning a Maryland business is dealing with employees. Good relationships with employees start with a solid foundation, and that should be a strong and carefully constructed employment contract. If your...
Choosing the best entity type for a new business
In the process of launching a new Maryland business, an owner will be faced with choosing the most appropriate structure for the company. This decision will impact operations, taxation, the owner’s personal liability and other factors. It’s crucial to carefully...
What steps are involved with closing on a home?
Buying a home is a major milestone in life. Some Maryland residents may have dreamed for years of owning their own home, and the time may have finally come to make the dream come true. Of course, finding the right house may seem like the hardest part of the process,...
What should be in a real estate purchase agreement?
Buying a house or other type of residential property is a significant step for a Maryland homebuyer. This is one of the most important financial and legal decisions an adult will make in his or her lifetime, and it’s important to be careful and cautious while walking...
Deciding to merge with another company is a major decision
Business growth can come in many forms. Some Maryland companies may find that opening new locations can help their business thrive, and others may look into more significant changes to help with growth. For those in the latter category, deciding to merge with another...
