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A good business succession plan strikes a balance between maximizing returns for the current ownership generation and the subsequent generation's long-term goals. If you own and operate a business in North Dakota, it is important to employ the services of an...
One of the most popular types of North Dakota business entities is a partnership where one or more persons agree to invest in a business together. Unfortunately, statistics have revealed that close to 70% of all U.S. partnerships ultimately fail. Understanding why...
When you are busy running your own business, you always have a lot of tasks to take care of. While you often look toward the future, to ensure your business can succeed in the long run, one task you may overlook is creating a succession plan for your business. Even if...
Anyone with any assets and heirs may benefit from estate planning. Extensive planning might be necessary when attempting to make things easier for heirs who will inherit a complex and challenging estate. This may be especially true for farmers since passing a farm's...
