The already increasing number of E-commerce economic activities skyrocketed in the wake of the recent pandemic. More than ever, a savvy entrepreneur should be aware of the legal implications and issues of an e-commerce venture. Legal Entity When the e-commerce business is started as secondary or simply subsequent to one operated from physical premises, it might be time and cost-effective…
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The Benefits Of Using An Earnout
One of the biggest challenges in pursuing acquisitions in the current economic situation is grappling with the parties’ expectations regarding the value of the acquisition. Fortunately, there is a solution, known as an earnout, which can help close the valuation gap during any transaction that involves the purchase or sale of a product or service. What are Earnouts? Earnouts are…
U.S. Banks Now Permitted To Provide Cryptocurrency Services
Over the last few years, crypto assets have continued to grow in popularity amongst investors. One of the biggest obstacles faced by digital assets, however, is the difficulty that both large and small cryptocurrency businesses have had in securing banking services. This problem does, however, create an opportunity for banks, who until now have generally avoided offering banking services to…
What Is A 1031 Exchange?
What’s a 1031 exchange? Simply put, it is when you sell one property in exchange for another. The big advantage to this exchange, versus the outright sell to buy your next property is, it allows for the deferment of capital gains tax and increases your cash flow, and gives you superior equity build-up compared to stocks and bonds. The IRS…