When selling your company, one of the most important sections of the purchase agreement is the representations and warranties. These are the statements and promises you make to a buyer about your business—its assets, operations, contracts, finances, and liabilities—at the time of sale. They give the buyer confidence that what they’re buying is exactly what…
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Preparing Your Business for Sale: Lessons from Staging a Home
When preparing a home for sale, owners don’t simply hang a sign on the lawn. They ensure the foundation is solid, the interior inviting, and the curb appeal attractive. Preparing a business for sale—whether to a strategic buyer, private equity group, or individual investor—requires the same intentionality and discipline. A well-prepared business reduces buyer concerns,…
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Why Every Employer Needs Employment Practices Liability Insurance (EPLI)
One question we hear frequently from our corporate clients is: “Do we really need Employment Practices Liability Insurance?” The answer is yes – EPLI is no longer optional. It’s an insurance necessity. What is EPLI? Employment Practices Liability Insurance (EPLI) is a type of insurance separate and apart from comprehensive general liability insurance and is…
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The Pitfalls of Autorenewal Contracts
In today’s business landscape, contracts that automatically renew (commonly known as “evergreen” or “autorenewal” contracts) are becoming increasingly prevalent. While these arrangements may appear convenient at first glance, the fine print often contains provisions that can restrict flexibility, impose long-term commitments, or escalate costs over time. Here is what business owners need to know before…
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