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: LLC
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…
Back to Basics: Maintaining Your Corporate Books
Last Friday I was the speaker for the Central Orange County Chapter of Fore Networking at Mile Square Park Golf Course in Fountain Valley, California. My topic was “Maintaining Your Corporate Books.” While there are advantages and disadvantages to each business structure (sole proprietor, limited liability company, corporation), a popular benefit of forming a corporation…
Bringing in Partners to your LLC
So you’ve had your head in the game for a couple of years and now looking to bring in another partner. One of my favorite daily websites to read is INC.com, and a reader recently wrote in asking about expanding their LLC by bringing in another partner. Be sure to consider whether you want to bring…
You Need Money? I Have Some Money For Ya’. Oh, and Some Tax Breaks.
I recently wrote about Why You Should Start Your Own Business Now, and fellow business attorney Joseph Dang has written an article in the San Diego Business Examiner about starting a business during a recession. If that isn’t enough for you, President Obama has promised to thaw the credit markets to help small businesses, including…
Picking a Business Structure
Entrepreneur.com has an article titled “The Basics of Business Structure“, where author Michael Spadaccini explains the differences between the various types of business structures and advantages and disadvantages. Professional Corporations If you a professional (e.g. doctor, lawyer, engineer, etc) and are interested in forming a corporation, you must file for a professional corporation; you cannot…