For the love of your business
For the love of your business
Anyone involved in a family business knows that working with family has its pleasures and its pitfalls –incurring these legal pitfalls can prove deadly to your family business, so here’s how to fix them: Mixing family & business finances. Unfortunately, we live in a litigious society, so as soon as your family business is up […]
Read MoreIf you operate a family-owned business, or are considering starting one up, there are four potentially lethal legal mistakes you should take care to avoid, including: No employment agreements. Family members who work together are usually hesitant to confront one another if someone isn’t pulling their weight. Having an employment agreement for everyone ensures that […]
Read MoreYour ideas aren’t worth anything if you don’t get them out there into the world. I come across a lot of entrepreneurs who are afraid that if they talk about their idea, it’ll get stolen and so they keep it under wraps and don’t capitalize on it. Here are three legal tools you can use […]
Read MoreWhether you are already a small business owner or the entrepreneurial spirit has grabbed you by the collar and you plan to get your startup off the ground this year, there are certain legal aspects to operating a small business that you just can’t ignore (and we know you want to). Ignoring the legalities of […]
Read MoreWhether the result of the recent recession or the desire by baby boomers to embark on a new professional path, new business startups are growing fast. Here are 10 legal tips for entrepreneurs who are striking out on their own for the first time: Choose the right entity. Decide if you will be operating your […]
Read MoreA recent Inc. article authored by entrepreneur Kevin Daum brought to light one of the most prevalent questions asked by business owners: “How can I avoid being sued?” Although it may seen counterintuitive at first glance, the job of a Family Business Lawyer™ is to help clients avoid litigation, so one of the best (and […]
Read MoreAccording to the U.S. Small Business Association, small businesses create almost two of every three jobs in the U.S. every year, and half of working Americans are either owners or employees of a small business. The SBA advises entrepreneurs to seek counsel while in the initial phases of getting a business off the ground. As […]
Read MoreSmall businesses dominate the American business landscape, but those that survive several generations are relatively rare. If you are a small business owner, you need to be sure you are not committing any of these four deadly legal mistakes: Mixing personal and business finances. If your small business started as a hobby or a side […]
Read MoreMany Americans are starting their own businesses these days, and may be confused about exactly what the best ownership structure is for their business. The answer is, it depends on the type of business, how many owners are involved, and the financial situation for each owner. Here are some considerations when deciding which structure to […]
Read MoreStarting your own business? One of the first things you will need to do is to decide what type of business entity is best for you. There are pros and cons to each and it is advisable to consult with a Family Business Lawyer™ before you make your decision: Sole Proprietorship – nearly three-quarters of […]
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