INDUSTRY SPOTLIGHTS
CONSTRUCTION
Owning a Construction Company
Although the main concern of the owner of a construction company is to secure the next job and create a comfortable backlog, in today’s marketplace, owners are confronted with multiple issues that require proactive attention to remain successful….. READ MORE
Challenges in the Construction Industry
The barriers to entry in the construction business are relatively low, which has created a crowded marketplace. The more competition that exists, the more difficult it becomes to sustain strong margins that can often result in less available resources to reinvest in new technology – a critical factor to long-term sustainability…… READ MORE
Technology – A Key Factor Driving Success in the Construction Industry
In addition to delivering legal advice, our lawyers are routinely asked by clients to provide insight relating to business/legal decisions. In the context of solving a legal issue, it is often necessary to understand the business challenges faced by the client……..READ MORE
ARTIFICIAL INTELLIGENCE
Artificial Intelligence – What The Developing Landscape Means For Your Business
The Artificial Intelligence (“AI”) industry is rapidly emerging as one of the most interesting new advancements likely to impact a broad array of industries. AI is well beyond the nascent stages of development, and is quickly taking center stage as a gateway profit maximizer for forward-thinking business leaders. In short, AI has arrived…… READ MORE
CANNABIS INDUSTRY
Municipal Barriers to Cannabis Enterprises
The nation’s burgeoning patchwork of state cannabis industries are arguably the most heavily regulated industries in the land. While most investors and aspiring operators have a certain level of awareness regarding the complexities that await them in compliance with state-specific regulations, many overlook the gating issues that exist in the arena of municipal compliance……. READ MORE
Inside Business – Powered Up for Success
Inside Business – Business Formation 101
Congratulations! You are about to enter into a new business and the business plan has been completed. Now it is time to make your dream a reality; however…… READ MORE
Inside Business – Governance of Corporate Entities
Who is going to run your business and how are they going to do it? It may seem obvious—you are going to run your business. In reality, the various forms of governance structures offer different benefits…… READ MORE
Inside Business – Corporate Structure and Tax Primer
As a general proposition, the differences in tax treatment and tax classifications relating to the type of entity chosen for corporate structure are not significant. How the entity will be taxed is dependent upon whether it is a pass through or…… READ MORE
Inside Business – Attracting Investors
“It takes money to make money.” This might be a cliché, but your business is going to need some startup capital to pay the bills before you start to see financial returns. Loans, selling equity, and issuing convertible notes are the most common…… READ MORE
Inside Business – Working Space
Perhaps your business has employees that need a place to work or perhaps you are ready to meet clients without having to worry about them seeing your dirty dishes in the sink at your home office. Either way, any…… READ MORE
Inside Business – Small Business Data Concerns
Now, more than ever, data is likely a valuable commodity for your business. Customer data is crucial not only for marketing but also can help tailor your products to your customers. Data analytics tools can…… READ MORE
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President, The Droitcour Company