Some businesses purchase real estate to house their operations. Transactions to buy office buildings and warehouses are similar. Residential purchasers will recognize many similarities as well.

Corporations are legal entities and one of several ways to structure a business. All corporate stakeholders should have a solid grasp of basic corporate governance. Owners, managers and shareholders should understand their rights and responsibilities.

With regard to their businesses, entrepreneurs and executives should think carefully about risks to people and property.

Anyone who considers buying a business should investigate it carefully enough to arrive at a sensible valuation.

A company may own a fleet of vehicles, supply some employees with a car as part of their compensation, or cover the cost of a rental for a business trip.

Risk can’t be discussed in general terms. Risks are specific in nature. Executives, entrepreneurs and consumers should identify and describe risks as articulately as possible.

Ensuring payment with collateral.