For the love of your business

Articles to LIFT Your Life and Business

10 Legal Tips for Starting Your Own Business

Whether 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 […]

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How Small Business Owners Can Avoid Lawsuits

A 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 […]

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The 4 Deadly Legal Mistakes Small Business Owners Need to Avoid

Small 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 […]

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How to Evaluate a Buyer for Your Small Business

Selling your business should be approached with the same attention to detail as when you started your business. There is nothing worse than wasting weeks of your time on a deal that will never go through because the buyer is not serious or does not have the cash to buy your business. Spend a little […]

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How to Prepare for the Sale of Your Small Business

If you’ve made the decision to sell your small business, there are a number of things you will need to do in addition to consulting with a Family Business Lawyer™ to ensure the process goes smoothly: Set a realistic price.  Coming up with a realistic price for your business will entail some research.  Look at […]

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The Pros and Cons of Sole Proprietorships, LLCs and Corporations

Starting 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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Mistakes to Avoid When Selling Your Business

Baby boomers are the most entrepreneurial generation, with much of their personal wealth tied up in the businesses they own.  This makes it more important than ever for boomers to undertake some business estate planning for when it’s time to transition into retirement.  Experts caution business owners to avoid these common mistakes when preparing to […]

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