How to Run a Family Business: How to Own, Operate and Ensure the Continuation of Your Family Business
Attorneys Michael and Scott Friedman, who have represented hundreds of family businesses, offer practical, easy-to-follow advice on the legal aspects of owning, operating, and ensuring the continuation of a family business. Dozens of "family tips", nuggets of advice and points to consider are included.
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SELLING OR BUYING YOUR
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Accordingly acquire acquisition additional advisors agree amount assets attorney beneficiaries benefit board of directors borrower business forms buy-out buyer bylaws capital cash chapter co-owners common stock compensation consider contractual corporation corporation's court creditor D^3 STRATEGIC TIP debt decisions discussed dispute dividends employees equity estate planning estate tax event example family business owners family members financing gift tax heirs help ensure holders incentive stock options income interest rate investment investors issues John Smith lender liability limited partners limited partnership liquidation loan ment merger minority shareholders ness obligation operations Owl Bookstore ownership interest partnership agreement payment percent preferred stock profits proprietor purchase price raise money representations require responsibility restrictions salaries secured creditor securities laws seek sell seller shareholders shares of stock sole proprietorship specified stock options taxable third party third-party consents tion transfer typically unified credit venture capital warranties