Maintaining Separation Between Business and Personal
15 years ago, Diana hired a lawyer to create a corporation when she opened her yoga studio. In the years since incorporating, she’s been...
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 businesses. Most startups get advised to form an LLC because LLCs...
Value of Hiring an Attorney for Contracts
As I mentioned in my last post, I’m not in competition with online services that provide contracts because they can’t – and don’t – give...
Me vs. Online Services that Sell Contract Forms
How on earth can I compete with online platforms that offer contracts for a fraction of what I charge? It’s a great question. And here’s...
Contract Mistake: Starting Work Before Contract is Signed
As a freelance consultant, "Lester" landed a significant project with a big company. Excitement took over, leading him to agree on the...
Contract Mistake: Signing without Reading and Understanding
My client "Sandra" was looking to buy a daycare center. She signed an agreement with a business broker. This Agreement said that the...
Contract Mistake: Not Getting It In Writing
My clients "Greg and Denise" learned this lesson the hard way. Excited to start a beer brewery with Greg's college friend, they discussed...
Contract Mistake: Luck as a Strategy
My client "Kathy" thought she lucked out when she got an offer of a million dollars for her business. She had been in business for only a...
Contract Mistake: No Easy Way Out
My client "Michael" signed a service contract with his accounting firm, thinking they'd handle his books and supplier payments. Little...