Embarking on any new business venture presents a multitude of challenges, from securing funding to choosing the optimal location. For those looking to enter California's booming cannabis industry, early attention to possible hurdles can improve your odds of success....
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Business Organization and Formation
3 ways to value a business when selling
Businesses change hands all the time – and buying an established business can be a dream come true for many would-be entrepreneurs. Whether you’re retiring or you just want to move on to a new project, there’s probably someone out there just waiting for your business...
5 essential tips for a smooth merger process
When done properly, business mergers can inject new opportunities for growth and efficiency into a company’s experience. However, ensuring a smooth merger process requires careful consideration of various factors. Understanding the intricacies of the merger process is...
3 things to consider before opening a dispensary
Opening a cannabis dispensary may seem like a lucrative investment. However, it's not as simple as setting up a shop and selling your product. Before deciding if this is a venture you should pursue, it's important to understand some critical factors that will affect...
Can you dissolve a business partnership?
Partnerships are a standard structure in the business world. They offer many advantages, including shared responsibility, pooled resources, and combined expertise. However, there may come a point in a business relationship where each partner wants to go their separate...
What could cause a shareholder dispute?
Businesses are subject to legal challenges from a broad spectrum. As well as problems arising from external issues, they must also be on guard for problems from within. One of these areas being the shareholders. People who buy into a company do so with certain...
The importance of cultural fit in business acquisitions
A business is about so much more than just its bottom line. While it is essential to consider a business’s “figures” when looking to buy another company, it’s crucial to realize that just because a company currently turns a profit does not mean it will continue to do...
What to know before selling your business
Selling a business offers many advantages. Some people actually create businesses with the primary intention of growing and selling them. But this transaction can be complex and life-changing. Thus, it's crucial to be informed. Here is what you should know before...
Understanding “teasers” when buying (or selling) a business
A “teaser” is one of the key tools in marketing a business for sale. Like a trailer for a movie or the blurb on the back of a book, a teaser is designed to catch the interest of potential buyers – without revealing too much. A teaser is a concise document, just a few...
Mastercard demands payment processors to stop facilitating cannabis purchases
Cannabis, in both its medical and recreational forms, is legal in many U.S. states. But the substance remains illegal at the federal level. This unique legal status causes issues with some entities. Mastercard is the latest major company to attempt to distance itself...
