In Indiana and the rest of the country, eSports is becoming a booming segment in the entertainment and sports worlds. However, several issues hound eSports such as allegations of doping. Doping is a huge issue in other professional sports because it is considered...
Business Law
Consider making your Indiana business an LLC
If you are in the process of selecting a business structure for your new business, you may be considering making your business a limited liability company (LLC). There are many advantages to registering your business as an LLC, but there are also a few disadvantages...
The significance of due diligence to Indiana’s business landscape
Indiana’s flourishing business landscape offers numerous opportunities for corporate growth and expansion. Companies have the option to consolidate and evolve through mergers and acquisitions. A merger is when two companies, usually similar in size, decide to join...
What franchisors need to disclose before selling a franchise
Franchising provides an excellent opportunity for business growth for franchisors. Also, it lets entrepreneurs start new ventures as franchisees with a proven blueprint. However, franchisors must share certain details with potential franchisees before a sale as per...
Providing legal protection for a new breed of athletes
Professional athletes and sports superstars make millions of dollars from their salaries, bonuses and prize money alone. On top of that, they also generate even more significant earnings from endorsements, appearances, licensing and sponsorships. Among the...
Drafting a partnership agreement
Of all the formats for a new business -- LLCs, corporations, S-corporations and so on -- a general partnership is one of the easiest in many ways. If you're starting a general partnership, you don't necessarily need to file any paperwork with the Indiana Secretary of...
Is your business prepared for emergencies?
Owning and running an Indiana business can be fulfilling and exciting, especially when things are going smoothly. However, unexpected events, such as a natural disaster, could financially devastate your business and or even threaten your entire business operations....
What should you do if your only option is to sell your business?
The decision to sell a business can arise from various circumstances. While a business's significant struggles may prompt a sale, other compelling reasons exist, like retirement, changing priorities or seizing new opportunities. Regardless of the motive, understanding...
What is a business plan?
Deciding to start your own business is exciting, but before you start building your business empire, it’s important to make sure you are building on a proper foundation. A great way to start ensuring your business’ foundation is sound, is by preparing a business...
Tips for collecting business debts
Running a business in Indiana means that sometimes your customers or clients will owe you money. When your invoices are not paid, this can hurt your bottom line. However, it can be difficult to ask your customers to pay you without ruining your relationship with them....