Small Business Real Estate Series, Part III: Personal Guarantees to Commercial Leases
By: David Brnilovich Part II of the Small Business Real Estate Series focused on commercial lease negotiations. As indicated in the blog, commercial leases are typically extensive, including dozens of pages of terms with numerous exhibits, addenda, rules and regulations. One of the most important, yet least understood, attachments to…
Do You Have An Exit Strategy From Your Business?
By: Garrett J. Olexa Are you among the large percentage of the population nearing retirement? Have you considered how your family will be cared for in the event you become disabled or seriously ill and are unable to manage your business? What will happen to your family and your business…
Contractual Arbitration Provisions: Are They Worth Keeping in Your Business Contracts?
Arbitration of grievances is one of the oldest forms of alternative dispute resolution. The Federal Arbitration Act passed in 1925, and over the years the United States Supreme Court has rendered a number of decisions that solidified its use as a form of alternative dispute resolution. By the mid-1980s the…
Small Business Real Estate Series, Part II: Commercial Lease Negotiations
By David Brnilovich, Jennings, Strouss & Salmon, PLC Part I of the Small Business Real Estate Series focused on the due diligence a small business owner should conduct when evaluating commercial locations. Once you have decided on the location that best suits the needs of your business and budget, the…