For the last five of my eleven plus years of practicing business law, I have focused on working with new and emerging companies. I have seen many excellent ideas over the years, but unfortunately not all of them make it …
The JOBS Act: A Potential Game Changer for Startup Businesses Read more »
Last week’s Department of Labor report showed a drop in the unemployment rate from 9.1% to 9.0% but the fewest number of jobs – 80,000 – added in four months. The issue of job creation remains the primary focus of policy …
One of the most often overlooked legal issues for startup businesses relates to intellectual property protection, more specifically, trademarks. Not only can a registered trademark offer protection for your business’ brand identity, but it provides a new venture with a …
In my 10+ years as a practicing business attorney, including the past 4+ working with a high volume of startups through my Firm’s INCubation Center program, a common misstep I see entrepreneurs make is to focus too much on the greatness …
Startup Steps #6: The Importance of Having a Good CFO Read more »
An essential element of cash flow management for small businesses is the implementation of a good bookkeeping system. For many business owners, QuickBooks is the preferred product to use to aid them in their essential financial record keeping; hence, I …
Startup Steps #5: Steps to a Successful QuickBooks Setup Read more »
As I advise new businesses as to what issues they need to think about when getting started, invariably the talk turns to insurance coverage for their business. What I do in setting up a business entity merely shields the owner’s …
Startup Steps #4: Determining What Insurance Coverage You Need For Your Business Read more »
As I alluded to in Startup Steps #2, the question of whether a business owner should form a LLC or a S corporation is largely a tax question, rather than a legal question. In order to answer this question, I’ve …
Introduction Use of liability limiting entities such as corporations and/or limited liability companies are extremely common for today’s business owner. This article briefly summarizes the legal structure of these entities and provides some examples of how they can be useful …
We’ll kick off “Startup Steps” with the building block of every successful business: a well crafted business plan. I’ve asked my good friend, Warren Vollmar, who not only writes business plans for others but, as a serial entrepreneur himself, has …
Two years ago when I launched this blog, and in my very first post, I said that I was going to focus on my thoughts on marketing and networking and leave the legal advice for my clients and other publications. …