You may have spent years building a business from the ground up, utilizing personal capital and investing in daily sweat equity with the hope of someday becoming profitable. For many entrepreneurs, the ultimate goal is to establish a profitable business to then sell. Selling a business is no easy decision and no easy task. A…
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Archive for the ‘Commercial Real Estate and Business Transactions’ Category
Selling A Delaware County Business? Here’s How
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Key Market and Historical Economic Observations: Effects on Delaware County Business Growth
With trade and tariff headlines dominating the newswire, the U.S. economy continues to grow while Brexit heats up over the pond. The global market snapshot newsletter issued by The PNC Financial Services Group, Inc. makes key market and economic observations for global regions including the United States, Europe, Japan, China, and Mexico. In addition, the article…
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Tax Reform – A Potential Pitfall or a Possible Opportunity
Game-changing tax laws have the potential to impact your business. The effects on your business depend on how you approach the opportunities and challenges that arise from these reforms. Business Planning Opportunities after Tax Reform, a thorough article released by the PNC Center for Financial Insight, analyzes the changes and their possible effect on small…
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Delaware County Reassessment Helps Address Tax Uniformity
Ad Valorem Property Taxes, (i.e. taxes based upon property values), pay for many useful and important things in our communities: public schools, community colleges, local government employees, police and fire protection, roads, and more. Although they can be a pain, it is clear that they serve a purpose. But what happens when a county has…
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Concerns for PA Employers Regarding Medical Marijuana Use by Employees
Pennsylvania has legalized the use of medical marijuana for certain specified ailments. Those ailments include the following: • Amyotrophic Lateral Sclerosis (ALS) • Autism • Cancer • Crohn’s Disease • Damage to the nervous tissue of the spinal cord with objective neurological indication of intractable spasticity • Epilepsy • Glaucoma • HIV/AIDS • Huntington’s Disease…
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Growers and Processors Permits Under the Pennsylvania Medical Marijuana Act
The Pennsylvania Medical Marijuana Act, enacted on April 17, 2016, establishes a comprehensive licensing and regulatory framework for the growing, processing, testing, distributing, transporting, securing, and dispensing medical marijuana products throughout Pennsylvania. Focusing on grower and processor permits, the Pennsylvania Department of Health will issue only two permits per region and there are six regions…
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What to Do When the General Contractor’s Work Causes Your Delaware County Business an Anticipated Delayed Opening
All too often, business openings or reopenings are delayed as a result of interruptions in construction or renovations. As a business owner, this can cause many hardships, such as lost revenue, lost profits and in many cases, additional costs and expenses to get the project done. As a land development lawyer in Delaware County, I…
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