Business partner disputes can occur due to a variety of different concerns, often stemming from differences in opinions, expectations or actions within the business. These disputes can range from minor differences of opinion to major disagreements that could cause...
Business Law
Tips for making a merger or acquisition easier for employees
On Behalf of Bellwoar Kelly, LLP | Oct 6, 2023 | Business Law
Growing companies often look to acquire other businesses as a way to continue expanding. Mergers might allow two businesses to go from relatively small players in the local industry to a leader in their specific niche. Acquisitions allow one company to acquire the...
What characteristics should you look for in a business partner?
On Behalf of Bellwoar Kelly, LLP | Aug 3, 2023 | Business Law
The person an individual chooses as their business partner will have a profound impact on their future. After all, a business partner will likely share in the responsibilities generated during entrepreneurial endeavors and will also potentially split the proceeds...
The top 4 things you should include in business contracts
On Behalf of Bellwoar Kelly, LLP | Oct 6, 2022 | Business Law
Your contracts determine what projects your company will complete and how much it pays to employ certain professionals. Business contracts are key to daily operations and ongoing success. Although there are basic, boilerplate contracts that you could download from the...
Ensuring a business continues to operate when owners are fighting
On Behalf of Bellwoar Kelly, LLP | Sep 8, 2022 | Business Law
Starting a business with a family member, eager investor or longtime partner can seem like a great idea. However, should a dispute arise, the conflict between you and the other owner can be highly disruptive to your business. To shield your company from the confusion...
Avoid these common mistakes that small business owners make
On Behalf of Bellwoar Kelly, LLP | Feb 4, 2022 | Business Law
It can be extremely difficult to guide a small business’s growth as you hire on more employees and expand your market share. There are a few pitfalls that too many expanding small businesses fall into, but that you can avoid with careful forethought and planning....
Common employment law pitfalls for small business owners
On Behalf of Bellwoar Kelly, LLP | Jan 31, 2022 | Business Law
The moment when there is enough demand for your product or service that you need to start hiring support is an exciting time. It’s a moment when you can see your progress and your business is growing. Along with employees come substantial responsibilities. While some...
What new business owners should know about employment law
On Behalf of Bellwoar Kelly, LLP | Nov 19, 2021 | Business Law
Starting a business is a significant achievement, but it also involves a lot of work and careful planning. As a new business owner, you must ensure your business complies with the federal and state laws in different areas, especially regarding your employees. If you...
Important steps to take before closing your business
On Behalf of Bellwoar Kelly, LLP | Sep 20, 2021 | Business Law
When you started your business, your ambitions were high and so was your confidence. You sought investors and got them. You sought qualified employees and got them. You knew it was never going to be easy, and you made a go of it. But competition was stiff. Even though...
The ideal qualities you want in a business partner
by Bellwoar Kelly, LLP | Jul 20, 2021 | Business Law
For a few years, you have considered a business idea, and, now, you decide it is time to take the plunge. Starting your own business has been a dream, and you are prepared to pursue it. But you understand this will not be a solo venture. You need a business partner, a...
Compliance tips for new business owners
On Behalf of Bellwoar Kelly, LLP | May 21, 2021 | Business Law
New business owners face stress at every stage of the process. From making decisions regarding day-to-day operations to developing a proactive succession plan as the company matures, owners must balance their organizational goals with the rules and regulations...
What is the right structure for your business?
On Behalf of Bellwoar Kelly, LLP | Mar 26, 2021 | Business Law
Running a business is obviously not a casual endeavor. In fact, establishing a commercial enterprise, nurturing it through initial phases and ultimately ensuring both its long-term viability and sustained profits is an arduous task for entrepreneurs and established...
Tips for splitting equity among founders
On Behalf of Bellwoar Kelly, LLP | Mar 15, 2021 | Business Law
When multiple people come together to start a Pennsylvania business, they are all entitled to a share of that company. However, there are several factors that will typically come into play when determining how much of a company a person should receive. Let's take a...
What is a trade secret?
On Behalf of Bellwoar Kelly, LLP | Jan 4, 2021 | Business Law
Occasionally, a company in Pennsylvania will develop a product, recipe or invention that sets them apart from their competitors. If their competition can replicate this process, they'll lose the advantage that attracts customers to their business. For this reason, the...
Issues to consider when creating a succession plan
On Behalf of Bellwoar Kelly, LLP | Nov 23, 2020 | Business Law
Ideally, you will start thinking about who will run your Pennsylvania business long before deciding to retire. Having a succession plan in place can ensure that the company remains a viable entity when you're no longer around to run it. There are a few pitfalls to...