Aug 16, 2018 | Corporation, Entrepreneurs, Limiting liability, LLC, Medium-sized business, Small business, Startups
WHAT LEGAL STRUCTURE IS BEST FOR MY BUSINESS? I am often asked by clients and potential clients whether they need a formal legal entity for their new business, and which type—corporation or limited liability company (or “LLC”). I have to give the lawyer’s favorite...
Aug 14, 2017 | Agreements, business attorney, Contract, Corporation, data security, Employment, Legal fees, LLC, Medium-sized business, Small business
What is an “outside general counsel” and what can one do for your company, besides save you money? Do you wish you could run legal and business issues past your lawyer whenever you need to, without worrying about getting billed for every call or email? Having a...
Oct 25, 2016 | business attorney, Corporation, Limiting liability, LLC, Small business, Startups
Your LLC needs a written operating agreement You have a great idea for a new business and have formed a limited liability company, an LLC. While corporations are required by state law to have bylaws, LLCs are not required to have written operating agreement. ...
Jun 24, 2016 | business attorney, Contract, LLC, Medium-sized business, Small business
Buying or Selling a Business: Stock vs Asset deals explained. Businesses are bought and sold all the time. Transactions range in size from under $100,000 to billions of dollars. For most sales of small to medium-size companies, the transaction is usually structured...
Mar 30, 2016 | business attorney, Contract, Corporation, Entrepreneurs, LLC, Medium-sized business, Small business, Startups
Don’t do business on a handshake: get it in writing! People have been doing business together for thousands of years, and for just as long, they have been entering into verbal and written contracts. Here is a rental contract from nearly 4,000 years ago in...
Nov 16, 2015 | Corporation, Limiting liability, LLC
Our Pig Farmer Brings in a Partner to Help Run the Show-Pig Operation: Another Reason to Do Business as a Corporation or LLC In last week’s blog I introduced you to our farmer who raises prize pigs to show at state fairs and livestock shows. Let’s call him Rick,...
