Archive

One of the most effective ways to protect a business owner’s personal assets is to operate the business through a corporation, LLC, limited partnership, or other limited liability entity (“LLE”). LLEs are considered “persons” under … Read More

One of the most common concerns that an owner of a closely-held business faces regarding business succession is liquidity. How can the future owners of the business, be they family or key employees, pay the … Read More

Most accountants are well aware of the accountant-client privilege in Maryland. By preventing disclosure of confidential communications, the privilege preserves an honest and open relationship between accountants and their clients. The privilege in Maryland is … Read More

You are looking at selling the business you have built over many years. You are excited about the prospect of retiring or maybe pursuing another venture. And, you are bursting at seams to tell your … Read More

The U.S. economy remains fragile and the business environment has become fiercely competitive, as too many suppliers chase too few consumers. Guarding one’s customer base, trade secrets and branding has become critical to survival. Although … Read More