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Small businesses are the backbone of the American economy, but in Utah, they are so much more. According to U.S. Small Business Administration, over 99 percent of Utah businesses are small companies, employing almost 607,000 Utahns, or over 45 percent of workers in the state. Although many small businesses do not flourish, investing in one that is successful can come with high returns and tax benefits that might justify the risk, especially if the company falls under the qualified small

Developing a business from a modest start to the point where it boasts an impressive dollar value requires significant time, effort, and soul. After pouring their blood, sweat, and tears into the company, many small business owners see selling off their company as selling off a part of themselves. A momentous step for any business, entrepreneurs typically spend hours and hours agonizing over whether to sell their company before reaching a final conclusion. This time expended is reasonable, as there

Pulling off a merger or acquisition that ends in prosperity is not a simple task to undertake. Business deals such as these require thorough planning, due diligence, and legal counsel to ensure everything goes as smoothly as possible. During this stressful and exciting process, it can be all too easy to allow some important questions to slip your mind. To better protect your interests during a company merger or acquisition, there are multiple questions to which you need answers. What

A company’s long-term success often depends on consistent growth and profitability increases throughout the year. While there may be many strategies for growing businesses, various companies choose business acquisition as their primary approach for their market increase. However, acquiring a business and integrating it with another can be complicated and come with many challenges. A business lawyer plays a vital role in a successful business acquisition. Cardon Law has years of experience working with organizations to help them buy businesses.