On February 23, 2011, I had the privilege once again to do a workshop for budding entrepreneurs for Goodwill Micro-Enterprise Program. Topics ranged from contracts every business should have” to patents, trademarks, and copyrights, and a bonus section on tips for hiring an attorney. Thanks to Westminster, California photographer Mara Moore of Memories by Moore for the photographs (especially…
Tag Archive: Corporation
What They Said About the Young Entrepreneur Society Meeting on November 9, 2010
One of my favorite cartoons is The Far Side by Gary Larson. There is one that has presumably a wife barging into her husband’s dark room with several telephones around him, all marked “They”. The caption of the wife reads: “So you’re the ‘They’ in ‘That’s what they say.’” Thanks to Mel at the Young…
Business Entities Speaker Presentation Testimonials
I recently had the pleasure of speaking to a group of budding entrepreneurs at the Goodwill Micro-Enterprise business class. Some of the students had some nice things to say about me: Thanks to Analucia at Goodwill for having me. If you’re interested in having a speaker to come your group, please contact me.
Personal Guarantee Insurance to Protect Your Personal Assets
According to the Small Business Administration, over 50% of all small businesses fail within the first 5 years. Vendors who supply credit to these small businesses must hedge their bets by requiring that the business owner provide a personal guarantee. That is, if your business fails to meet its obligations, you would be personally held…
How to Pick an Attorney for Your Business
“Pick me! Pick me!” Just kidding. Well, just a little. Inc.com is one of my favorite websites to learn more about how I can manage and grow my business. One I just read was right up my alley: How to Hire Legal Counsel. It’s got a lot of great tips on picking an attorney for…
A Corporation or Limited Liability Company Can Help You Get Business and Make More Money
While there are certain legal and tax benefits for creating an LLC or corporation, there are certainly some marketing benefits to them also. I recently had a consultation with a sole proprietor, and the conversation steered towards creating a corporation or LLC for their company. They told me that they’ve had several potential clients tell…
Sued For Your Debt? Get Help Early
As more and more people are getting sued by creditors, people often try to stick their head in the sand and ignore the lawsuit. Unfortunately, that won’t make it go away. And if you’ve been sued, Sam Glover over at Caveat Emptor says to head for the nearest lawyer. As I wrote earlier, don’t be…
Startups: I Don’t Want to Tank Your Deal
Steve Blank has a great article & discussion on why lawyers don’t run startups. While most people are only familiar with attorneys when things go wrong, there are a lot of attorneys out there that help clients wade the through their business transactions. As lawyers, we often have to identify potential risks in a transaction,…
Brad Pitt, Topher Grace, Ocean’s 13, and Deciding to Incorporate
I recently wrote about picking an entity and the decision to incorporate. Another letter over at June Walker asks her for some advice after her friend tells her that there are advantages to incorporation. This reminds me of the scene in Ocean’s 13 where Brad Pitt’s character is teaching Topher Grace, playing himself, how to…
Should I Incorporate?
I get many clients telling me that they want to incorporate or form an L.L.C. for their latest crazy business idea. If they’ve done their homework and we find that a corporation is right for them, I’m always glad to assist them. However, if they are forming an entity because they heard from their father’s…