News and Tips
FAQ: Are Standard Form Business Contracts Bad for Business?
Do Not Use Business Contracts "Found on the Internet" Business owners frequently tell me that they use standard form business contracts “they got online somewhere” in their business. This is a bad idea. A form contract typically does not have sufficient terms to...
What is the Difference Between a C Corporation and S Corporation?
When starting a business, a key consideration is what type of business entity to form. Options include C corporation or S Corporation, limited liability company (LLC), partnership, limited partnership (LP) or limited liability partnership (LLP). This post is about C...
KEEPING INFORMATION CONFIDENTIAL
Non-Disclosure Agreements to Protect Sensitive Information We live in a society where it is challenging to keep information private. Confidentiality is crucial to many types of business transactions. For example, a business is looking to sell or merge with another...
Importance of Buy Sell Agreements
Is your business new or a mature company? Planning for the future of the business with a Buy Sell Agreement is crucial. Consider whether the business owner has children or grandchildren capable of and who want to operate the business when the owners retire. Does the...
Hiring an Independent Contractor or Employee?
I work with small and medium size businesses. Frequently, the issue arises about whether to hire an individual as an independent contractor or an employee. It is important to clearly understand the difference so you know how much to pay in taxes, whether to withhold...
4 Tips for a problem-free real estate transactions
Whether you are buying or selling, these 4 simple tips you can save you stress and heartache with almost any real estate transaction. 1. When to use a Real Estate Agent A commercial or residential real estate buyer or seller is gets the best protection...
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