Starting a business with a friend can be an exciting venture, but it is a good idea to proceed with caution. According to a survey by the Small Business Administration, nearly 70% of businesses started with friends fail within the first few years. While partnerships...
Business And Commercial Law
How to conduct a market analysis for commercial real estate
According to the National Association of Realtors, the commercial real estate market was weaker than the national average for the second quarter of 2021. The best prospects were in hotel and lodging properties. In the world of commercial real estate, conducting a...
Navigating a data breach: Essential steps for businesses
In today's digital age, businesses face a significant risk of experiencing data breaches. When a breach occurs, it is crucial to respond swiftly and effectively to minimize damage and protect sensitive information. There are essential steps that businesses must take...
When are owners personally liable for an LLC’s debts?
Going into business can be a gamble, as there are no guarantees of success. If your business venture fails, you might worry about losing your personal assets. That is, your venture's creditors might try to hold you personally liable for its debts. According to...
Is self-storage a smart commercial real estate investment?
Some types of Mississippi commercial real estate investment opportunities tend to be more profitable than others. Similarly, some types of commercial real estate opportunities carry less risk than others. While no type of commercial real estate investment is without...
How can you get the best commercial lease renewal?
Rather than simply signing your lease at renewal time without a second thought, have you considered taking a look and reviewing it? If you decide to review your lease, consider your needs and the needs of your business. If you think you could find something elsewhere,...
How do leases differ between commercial and residential property?
When going into your first commercial lease, you may feel tempted to treat it like a residential lease. After all, these are two similar things, right? In reality, they actually have numerous differences. Going into a commercial lease expecting the same things as a...
How Class A, B and C office buildings differ
Investing in Mississippi commercial real estate may help you increase your income because you then have the option of leasing the commercial space to businesses or individuals looking to operate a business out of it. If you decide to invest in office buildings, in...
How can you stay competitive in commercial real estate?
Buying, selling and renting commercial real estate property in Mississippi can add a unique dynamic to your investment portfolio. When you use the right tools, your effort can provide a lucrative outcome. Staying competitive is a big contributor to your success. When...
Handling litigation due to alleged discrimination
If one of your employees accuses your business of discriminating against them, it is essential to recognize how much is at stake and identify the smartest course of action. Sometimes, employers can resolve this matter without going to court. Other cases result in...