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Posts tagged Business Formation
Understanding Employment Disputes: What Pennsylvania Small Business Owners Need to Know

Running a small business in Pennsylvania can be both rewarding and challenging. One of the challenges many Pennsylvania small business owners face is dealing with employment disputes. These are disagreements between employers and employees that can lead to lawsuits. Let's break down the main types of employment disputes and how you can avoid them

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Choosing the Right Business Structure - No B.S. Legal Solutions for Your Business

Welcome back to the "No B.S. Legal Solutions" series! In this blog, we are tackling one of the first and most crucial decisions you will make as an entrepreneur: choosing the proper business structure. Think of it as the foundation of your business – get it right, and you are off to a great start.

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No B.S. Legal Solutions for Your Small Business

Hey there, future business leaders and entrepreneurs! Welcome to our blog series, "No B.S. Legal Solutions." Sure, that might make you think, this is B.S. Well, you are right. The Skeen Firm principal, Brocton Skeen, believes in Main Street business and simplifying complex legal issues so those business owners can better serve their communities. If running your business efficiently and legally is essential to you (it should be), you are in the right place if you want to dive into the business world and make your entrepreneurial dreams a reality.

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Understanding Shareholder Agreements: An Introductory Guide for Business Owners

When an entrepreneur establishes a company, they often focus on the excitement of their new venture and the growth potential.  That said, it is equally important to consider the legal aspects that govern shareholder relationships and responsibilities.  A shareholder agreement is a crucial document that outlines the rights, obligations, and protections of all parties involved in a corporation.  This blog post will provide an introductory overview of shareholder agreements, their key elements, and why they are essential for business success.

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Hold Up! How Holding Companies Benefit Small to Midsize Business Owners

That Warren Buffett fellow is really onto something, and that’s not even considering his inclusion on the Forbes 400.  So, what exactly is he onto?  Glad you asked!  His company, Berkshire Hathaway Inc., is the gold standard of a holding company (holdco).  Hold up, what was that term?  A holdco, sometimes known as a parent company, is an entity that owns investments in the form of stocks, bonds, other companies (operating companies/opco), or anything of value.  With the definitions out of the way, we can move on to how a holdco can help SMB owners.

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