Post image for Attend to Your Corporate Housekeeping

Yes, they’re cumbersome, but don’t ignore the corporate formalities if you don’t want creditors poking into your personal assets. Congratulations! You’ve taken the important step of protecting your personal assets by forming a corporation or limited liability company. But just as giving birth is only the beginning of your responsibilities of caring for a baby, […]

{ 0 comments }

Read More
Post image for But What Does It Mean? ‘Piercing the Corporate Veil’

Yes, legalese is its own language. Like the Latin spoken at the Vatican, it’s truly understood only by a few. So for the rest of us, here’s a handy definition of a term relevant to all business owners (whether a corporation or an LLC): “piercing the corporate veil“ It’s considered a privilege to be able […]

{ 0 comments }

Read More

by on May 14, 2019

Don’t Try This at Home

Post image for Don’t Try This at Home

Why entrepreneurs shouldn’t do their own legal work. Women entrepreneurs shoulder many burdens, one of them often being their company’s legal work. They don’t mean to become their own in-house counsel, it just sort of happens. They don’t have an attorney when they start their business and are too busy, daunted and undercapitalized (or so […]

{ 0 comments }

Read More

What do you do when facing a recession?  Lori Williams has some ideas in her blogpost, “Recession — Who Knows?”  She points out that in a down economy, a company in a less-than-ideal financial position will be hampered in its ability to get outside capital.  A solution?  Consider innovating through a strategic alliance or joint venture.  […]

{ 0 comments }

Read More

by on May 5, 2019

Get the Lowdown on Insurance

Post image for Get the Lowdown on Insurance

6 smart ways to ensure your peace of mind and your company’s protection against loss. Few things in business–or in life–provide you with an ironclad guarantee. There’s no assurance of 100 percent success or 100 percent protection. That’s something to consider when it comes to the potential for lawsuits. There’s no way to absolutely, positively […]

{ 1 comment }

Read More
Post image for Basic Training: Queries about Employee Non-Compete Agreements

Q: For how long are employee non-compete agreements normally valid?  If a person signs such an agreement, leaves the company for a period of time and then comes back to the company, is he/she still bound by such an agreement even if he did not sign it again?  Is such an agreement valid for customers […]

{ 0 comments }

Read More

From Scotland, a cautionary story that is relevant to millions of business partnerships over here:  What happens when a key person in your business, such as your business partner, becomes seriously ill, disabled, or dies?  Do you have a Plan B?  A contingency plan to ensure that your company can continuing functioning? In this reported case, […]

{ 0 comments }

Read More

Workshak’s post on limited liability partnerships (which pulls from Taxgirl’s post on ProBlogger) is right about one thing:  that limited liability partnerships (LLPs) are pass-through entities. What the post doesn’t address is that the LLP statutes in many states make the form less-than-ideal for many multiple-owner businesses.  For example, in some states, LLPs can be […]

{ 0 comments }

Read More

Last week, BusinessWeek.com announced that it entered into key partnerships with LinkedIn in order to expand services to business professionals.   Under the partnership, LinkedIn’s Company Profile feature will contain information about that company, supplied by BusinessWeek.com and Capital IQ.  In turn, through BusinessWeek.com’s Company Insider feature, users can view their professional contacts on LinkedIn at companies featured in […]

{ 0 comments }

Read More

by Nina L. Kaufman, Esq. on April 14, 2019

Some industry greats talk about pushing through breakdowns…

Tell us your story Breakthrough story at: https://www.facebook.com/AskTheBusinessLawyer    

{ 0 comments }

Read More

Nina in the Media