A Recipe for Success: Get an Operating Agreement
Picture this: Penny and Irene, two talented chefs, had a brilliant idea to open a fancy restaurant and bar in the posh part of town. But...
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Jan 12, 20231 min read
DIY Entrepreneurship Story
Zack had always dreamed of owning his own business. He had saved up a small amount of money and decided to take the plunge into...
Jan 10, 20231 min read
Formation is just the first step.
There are two major steps in creating a new legal entity. The first is the formation of the company, which is the service that I provide...
Jan 5, 20231 min read
Red Flags for Startup Planning
I recently met with new clients, a couple, who spent over $5,000 on an elaborate tax and legal entity plan that included a LLC, C...
Dec 15, 20221 min read
Startups: How to Decide Where to Register the Company?
My clients, a married couple, recently started a new consulting business and were anxious to do everything correctly. In their eagerness...
Oct 6, 20221 min read
Prevent Legal Problems Before a Crisis
A lot of lawyers describe themselves as problem solvers. And they are. People come to them with a problem and the lawyer helps them get...
Oct 4, 20222 min read
Starting a Business: What's First?
Entrepreneurs tend to focus on forming the legal entity as the very first thing they do when they start a business. Yes, it’s important...
Sep 29, 20221 min read
Setting up an LLC is not a “one time and done” thing
Some business owners starting out are very focused on getting their LLC formed. Sure, it’s good to set up a legal entity – it’s a great...
Sep 27, 20221 min read
Going into Business with Someone Else
Where DIY and online incorporation services really fall short is when a business has multiple founders. That’s because agreements between...
Sep 21, 20222 min read
You don't need a lawyer to register a new company, but you might want one
Registering a company is easy. Anyone can do it without a business lawyer. But the registration is just the first, simple step. That’s...
Sep 15, 20222 min read
New Legal Entity Legal Considerations: Part 3
When forming a new company, and trying to decide what kind of legal entity is best (corporation, LLC or partnership), most people focus...
Sep 13, 20221 min read
New Legal Entity Legal Considerations: Part 2
For many business owners, liability is one of the most important reasons – if not the primary reason – to form a legal entity in the...
Sep 8, 20221 min read
New Legal Entity Legal Considerations: Part 1
When selecting the kind of legal entity to create, tax is obviously a very important consideration. But it's not the only factor to...
Sep 6, 20221 min read
You Made a Business Mistake: What's Next?
Billy and Marcy want to sue their business partner Jack because Jack took out a loan the company couldn’t afford to pay, and now the...
Aug 9, 20221 min read
To Be or Not To Be…A Corporation
To Be or Not To Be… A Corporation… Or an LLC… Or maybe a partnership? The type of legal entity to set up is an important decision for new...
Aug 4, 20221 min read
Why Use a Real Lawyer? Part 2
As I mentioned in my last post, I’m not in competition with services like LegalZoom because they can’t – and don’t – give any legal...
Aug 2, 20221 min read
Why Use a Real Lawyer? Part 1
How on earth can I compete with online platforms that offer contracts and LLC set up for a fraction of what I charge? It’s a great...
Jul 7, 20221 min read
Would you Ride a Motorcycle Without a Helmet?
Many states don’t require companies to have an operating agreement. Many states also don’t require motorcyclists to wear helmets, but...
May 9, 20222 min read
5 Common misconceptions about forming an LLC
Here are 5 common misconceptions about forming an LLC (limited liability company): 1: When I register my LLC in State A, I can do...
Mar 29, 20222 min read
How To Sign a Contract
Jake owns a cleaning company, and he buys cleaning supplies from a large corporate supplier. The supplier sent a contract to cover an...
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