So you finally found a way to settle that legal dispute you had – congratulations! You’re almost there, now you just need to define the terms of the agreement you reached. Don’t overlook this part of the process – a settlement agreement that fails to adequately describe the parties’ intentions and obligations can lead to additional disputes between the parties, …
LLC’s: What Are They and What Are Their Pros and Cons?
Limited liability companies (LLCs) are popular due to their basic benefits of liability protection and are typically used by a company with two or more owners. LLCs protect the owners’ personal assets from losses, company debts, or court rulings against the company as long as the owners keep their debts and assets separate from the LLC. LLCs may also provide …
Do You Have a Will For Your Business?
Attorney Ian Alden to host a workshop aimed at educating business owners on business succession planning. Do you have a will? Have you thought about how you would take care of your family if something happened to you? Have you given any thought to retirement? Well, the same thought process needs to go into your business. If the unthinkable were …
What Is So Important About An Operating Agreement?
It is one of the most important documents associated with your business yet in so many instances it is the least considered. In fact, a frightening amount of small business owners merely downloaded a generic form and signed it when starting their business with little knowledge as to what was in the document. The Operating Agreement for your business dictates …
Do You Know The Top 10 Mistakes Business Owners Consistently Make?
Firm Partner Larry Donahue is teaching this informative 2- part workshop. 25 +years and thousands of clients later, Attorney Larry Donahue has been able to identify the all-too-common mistakes small business owners everywhere, in every type of business make over and over again. The good news is, once you know about these mistakes, it is easy to avoid them. Even …
Important Legal Considerations When Selling On-line.
Thinking about selling goods or services online? You should. If COVID-19 taught small businesses anything, it is the importance of an online presence in order to stay in business! Learn about the important considerations that come with selling online. From contract considerations when hiring someone to build a website, using and posting photos, cyber insurance, dealing with negative reviews to …
Why “Doing Nothing” is the Worst Option.
A closer look at Default Judgements. If you are involved in a lawsuit, one of the things that you do not want to occur is to be defaulted out as a party in the case. When a party is defaulted by the clerk or the court, that party cannot defend itself in the case until the default is set aside …
Free Small Business Workshop
Partner Larry Donahue and Tax Attorney Ian Alden team up with Neil Bradley – EVP US Chamber of Commerce to discuss Small Business Aid and new COVID-19 Guidelines in the free workshop on Jan 20th. Sign up at: https://nmsbdc.ecenterdirect.com/events/12814
What You Need To Know About Business in 2021
Attorney Stephanie Schaeffer advises against “lazy” financial practices among managing members of multiple companies. Since joining BLSW earlier this year, I have worked several matters regarding business member disputes. Some of these disputes could have easily been resolved if the parties had documented their financial action or if they had documented the “deal” they had regarding purchasing membership interest. Still …
What You Need To Know About Business In 2021
Firm Partner, Don Kochersberger talks about the dollars tied to documentation. Failure to consider how you store and retain your business’ documents can be a very serious and costly mistake. Even if they have never seen the inside of a courtroom or been involved in a lawsuit, every business owner knows that litigation is ridiculously expensive and something to avoid …
