For the love of your business
For the love of your 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 […]
Read MoreThe Small Business Administration (SBA) has launched a new blog series to educate small business owners about what they need to now about the Affordable Care Act before it goes into full effect in January of 2014. The new series tackles common misperceptions about the ACA; one post details the top three things small business […]
Read MoreA new bipartisan bill introduced in Congress – the Startup Innovation Act of 2013 – promises a big benefit to entrepreneurs via a new research and development tax credit. The bill, which was originally introduced last summer, was reintroduced in the Senate in late January. A House bill that would mirror the Senate bill is […]
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 MoreCongress passed the American Taxpayer Relief Act – aka, the fiscal cliff tax deal – in the wee hours of January 1, 2013, and President Obama is expected to sign the new legislation as soon as possible. After the dust from the deal-making settled, the bill contains a mixed bag of both good and bad […]
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 MorePlanning for the transfer or liquidation of your business when you are ready to retire or when you die is just as important as the planning you did in starting up your small business. Here are some tips from a Family Business Lawyer™ on how to use estate planning strategies to transfer your business interests: […]
Read MoreIf you’re a small business owner, you undoubtedly spend countless hours juggling bills and balancing your books, not to mention all those extra hours you spend worrying about the future of the little business venture that grew and grew during the “good old days” before the recession that slammed small businesses. In fact, you’ve been […]
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 MoreIf you have built a successful business and plan to leave it to your heirs or business partners, doing so is not a process that just happens naturally after you retire or die. So if you don’t have a buy-sell agreement, a business succession plan, a business transition plan or a business preservation plan in […]
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 More
