Business decision-makers often come across two important terms in the context of corporate growth and restructuring: merger and acquisition. While they are often used interchangeably, they signify two distinct strategies for business combinations. Understanding the differences between a merger and an acquisition can help entrepreneurs, executives, and companies make informed decisions when pursuing growth strategies. This article will define mergers …
New Global Business Accelerator Lights Up Opportunity in New Mexico
Exciting changes are taking root in New Mexico’s business landscape. With the recent launch of the NMexus Center, a groundbreaking business accelerator and commercialization hub, the state is positioning itself as the next destination for foreign investment and international innovation. New Mexico steps onto the global stage Announced by Governor Michelle Lujan Grisham at the SelectUSA Investment Summit in Maryland, …
Knowing When to Dissolve Your LLC
Deciding to close your business can be tough, especially when it involves a Limited Liability Company (LLC). Many business owners find themselves asking, “Is it time to dissolve my LLC?” Ignoring the signs can lead to financial strain and legal headaches. Here’s how to recognize when it might be time to make that call, and what you should consider along …
What is the Athlete’s Agent Act in New Mexico All About?
If you’re an athlete, sports lawyer, or legal professional working in New Mexico, you might have heard of the Athlete’s Agent Act. But what does it really mean, and why is it important? Here, we’ll break down everything you need to know about this legislation, its purpose, and how it impacts student-athletes and athlete agents across the state. The Purpose …
Can You Move Your Business (LLC) to Another State?
Relocating your Limited Liability Company (LLC) to a new state can open the door to exciting opportunities such as greater access to customers, lower taxes, or even a better cost of living for you and your team. But moving an LLC isn’t as simple as packing up your desk and hitting the road. It involves legal, financial, and operational considerations …
What Are the Different Types of LLC Dissolution?
Why You Need an Attorney on Your Side Ending a business is rarely an easy decision. Whether it’s due to financial difficulties, changes in goals, or disputes, dissolving a Limited Liability Company (LLC) involves more than just ceasing operations. It’s a formal process that, when done incorrectly, can lead to significant legal and financial complications for everyone involved. For small …
Important Factors to Consider Before Buying a Business
Buying a business can be an incredibly rewarding endeavor, whether you’re an entrepreneur looking for your next challenge or someone eager to become their own boss. However, purchasing a business isn’t something to rush into. There are key factors you need to evaluate to ensure you’re making a wise investment. This blog will guide you through the essential considerations, helping …
The Most Common Disputes with Commercial Leases
Navigating the complex world of commercial leases can be difficult, especially when disputes arise. For commercial tenants, property managers, and business owners, understanding common issues that arise in commercial leases is crucial. Let’s take a look at three frequent sources of conflict in commercial leases and tips for resolving them. Common Lease Disputes 1. Rent Increases What’s the Issue? One …
How to Register a Business in New Mexico: A Step-by-Step Guide for Entrepreneurs
Opening a business can be an exciting venture, but it’s filled with legalities that can turn daunting if you’re not prepared. In New Mexico, as in other states, registering your business is a crucial step towards legality and legitimacy. This guide targets small business owners, budding entrepreneurs, and anyone who’s considering the professional assistance of a lawyer during their business …
BLSW Explains the Corporate Transparency Act at The NMDOT Conference
On February 28, 2024 NMDOT Star held their 2024 Conference. Attorney Larry Donahue hosted the “Wednesday Webinar” discussing The Corporate Transparency Act and You. Starting on January 1, 2024 a new law went into effect that requires a significant amount of the US Companies to report Beneficial Ownership Information to the US Government via FinCen. Failure to report their businesses …
