Post image for Big Banks Slash Small Biz Credit Lines

 When it comes to small-business financing, there seems to be a lot of lip service and very little financial service. It’s hard not to get cynical when you hear that “small businesses are the backbone of the economy” on the one hand, yet learn that the big Wall Street banks have slashed their small-business loan […]

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by Nina L. Kaufman, Esq. on July 16, 2019

Legal Lessons for Women Business Owners – Part 3

Owning a successful business takes lots of different knowledge and know-how to get it running smoothly—which includes avoiding risks.  Yet many entrepreneurs forge full steam ahead without professional legal advice … for a variety of reasons. Cost. Fear. Ego, to name a few. But without it, seemingly small missteps like “oops, my independent contractor should […]

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Post image for Are You Really Hiring an ‘Independent Contractor’?

In my practice, I’m finding that the IRS and Department of Labor are getting more aggressive about enforcing the proper classification of workers. Essentially, they want to be sure that you’re not hiring a worker as an “independent contractor” (thus avoiding the payment of employment taxes), yet treating him/her as an employee by micromanaging every aspect […]

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by on July 10, 2019

Basic Training: E is for Exposure

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Remember the days when real estate seemed invincible, defying the laws of gravity? Well, the joke’s on us, and now many real estate investors are scrambling to dump their properties so that they don’t go down the valuation toilet with them. Q: I bought some property and put 25 percent down; the owner financed the […]

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by Nina L. Kaufman, Esq. on July 7, 2019

Why Is Small the New Big?

Every small business used to want to appear big – the bigger the better. But, the times have changed and what used to work has shifted into something else. Barry Moltz, a small business consultant, speaker and author of the recently-released Small Town Rules, talked to me about these changes. He tells me that consumers […]

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by Nina L. Kaufman, Esq. on July 4, 2019

Should you invest in your dopey nephew’s business?

Ever been hit up to invest in a friend’s or family member’s business? Is it wise to do so—given that you know them so well? What steps should you take when asked to invest (or lend money for) a loved one’s business? Tune in to Wall Street Journal Radio, where I sit down with Veronica […]

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Post image for ‘Stop, Thief!’: Copyright (and other IP) Infringement

Blogging can be joy, bliss, burden, or boon for your business … and it can also be a trap for the unwary. There’s so much free stuff, it’s tempting to assume we can just take what we find. Not true. Here’s a helpful post from Tamara Dourney on a blog called “Registered Trademark 2” (no, […]

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Post image for How to Find and Keep Customers for Life

I wish I knew the answer. That’s why I’m attending the Fourth Annual Small Business Summit on Feb. 3 in New York City–“the only small business summit BY small business FOR small business.”  Exchange ideas with experts and peers; connect with potential new alliances; find the resources and customers you’re seeking.  Visit the Small Business Summit site […]

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by Nina L. Kaufman, Esq. on June 22, 2019

The Problem All Small Businesses Have

In my law practice, I have worked with thousands of small business owners and entrepreneurs who consistently struggle with a huge problem: how to get more customers. Recently, at the New York Times Small Business Summit, I interviewed Wendi Caplan-Carroll, of the popular e-mail marketing service Constant Contact. I asked Wendi questions that are on […]

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by on June 19, 2019

Investing in the Right Investor

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Last week, I interviewed Robert Bertsch, Esq., on Entrepreneur’s Daily Dose about legal issues involved with attracting investors online.  Some of the most frequently-asked questions concern confidentiality and staying in line with state and federal securities laws–aparticularly thorny if you’re going to post your Next Great Idea online. There are other issues, too, in choosing […]

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