Every business comes with its own unique set of risks. Maryland entrepreneurs who are involved in the process of business formation need to take the time to identify and prepare for liability issues. There are ways to protect the individual from potential lawsuits against the business.
Business formation between Hillshire Farms and Tyson Foods is almost complete, contingent on the approval of the U.S. Department of Justice. This merger is a huge business formation between the two food giants and the Department of Justice is involved because of anti-trust issues. In order to complete the purchase of Hillshire Farms, Tyson must meet the requirements of the officials, which includes divesting a certain animal purchasing business.
Finding the funds necessary to start a business can be hard to do. Many new business ideas have potential, but getting a bank to agree and give loans to start a company can be difficult, regardless of how impressive the presentation given may be. Thanks to the new Volt Fund, Maryland residents now have another option when seeking a new business loan.
The now infamous story (and lawsuit) about the founding of Facebook was immortalized in 2010 with the movie "The Social Network." Many Montgomery residents know the tale by now: Mark Zuckerberg, the man associated with Facebook (and one of its creators), was sued by Eduardo Saverin, who claimed he was pushed out of the company by Zuckerberg and other investors. As a result he lost millions -- possibly billions -- in stock in Facebook.