By Dalton B. Floyd, Jr. Working with a number of small businesses over the years, and seeing many of them fail, has caused me to develop an acute awareness of the consequences of poor fiscal management. Sealing the fiscal leaks in a small business and accomplishing a financial turnaround is possible if trouble areas are...Read More

While many business owners may have been led to believe that becoming a limited liability company (LLC) is simple and easy, it is still important to proceed carefully. Specific to the United States as a type of company that is private and limited, an LLC can be described as a business structure that combines the...Read More

By Patricia H. Anderson Business people who have agreed on the general terms of a deal often sign a “letter of intent” that lays out these terms in writing. The idea is to make sure that everyone is on the same page while a formal contract is being drafted. But what happens if you sign...Read More

Mediation is a process in which a neutral person, the mediator, helps people involved in a dispute to negotiate effectively with each other, promotes constructive and creative bargaining tactics, brings the parties to closure, and ties down the settlement terms in writing. It is an area of expertise sanctioned by the American Bar Association and...Read More

A Power of Attorney is simply a power given to an Agent by a Principal to allow the Agent to act on behalf of the Principal. One of the problems with the Standard Power of Attorney is that the Power is valid only to the extent that the Principal could have acted at the time...Read More