by Nina L. Kaufman, Esq. on August 24, 2016

Basic Training: Understanding the Limits of Limited Liability

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Q: Does an S Corporation protect your personal assets?  It has become obvious I need help with this.  Any ideas you have would be very much appreciated. A: Generally, yes, a corporation will protect the business owner’s personal assets.  The “S” in “S Corp” is merely a way of designating the way in which the […]

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Q: Is there is a way for one to tell whether or not one is personally liable for a business credit card? A: If the card is in your name along with a company name and the credit card statements are addressed to the company, that c-o-u-l-d be an indication that the account is in the company […]

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by Nina L. Kaufman, Esq. on August 18, 2016

Recalibrating Your Deadbeat Meter

Trying to collect on a delinquent debt is rarely a profitable experience – in any sense of the word. You can prevent time-consuming lawsuits by becoming savvier about choosing the right clients. Your productivity and success will depend on your ability to pre-screen for these problem people so that you don’t take them on in […]

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by Nina L. Kaufman, Esq. on August 15, 2016

When Your Partner Won’t Share the Loan

Yet another handy Q&A from Forbes Small Business, and this one featuring my colleague, Marian Banker.  🙂  What do you do when your company has expansion plans, but one of the partners refuses to co-sign a loan for the necessary funds? Other than a long, hard discussion with your partner about being aligned on goals, […]

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by Nina L. Kaufman, Esq. on August 12, 2016

Why ‘Six Degrees of Strategic Alliance’ Spurs Innovation

A recent study has found that when companies are linked in a network of strategic alliance relationships with only a few degrees of separation, they are more innovative. Jointly conducted by the University of Washington and New York University, and as reported in Science Daily, the researchers examined the pattern or structure of strategic alliance […]

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As a business owner looking to grow, there may have been times when you’ve been strapped for the cash you need to scale your business. (Now, perhaps?) Instead of turning to traditional methods of loans or angel investors, you might be thinking of going to the Bank of Mom and Dad, or another person with […]

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by Nina L. Kaufman, Esq. on August 9, 2016

Are You Building a Business or a Job?

Are you among the business owners who aren’t earning what they want?  Can’t seem to get enough “traction” to hire the team to move you forward? You’re not alone. The vast majority of small business owners in America fall into that category. But let me ask you– do you want to do this for the […]

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by Nina L. Kaufman, Esq. on August 6, 2016

Basic Training: On the Subject of Incorporating

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Q.: I have always been advised, by CPAs, that until a small company has a specific NET income of approximately $100,000, incorporating is out of the question.  The fees associated with Inc. may not be worth the trouble of incorporating. Wrong? If wrong, why? Thank you. A.: A $100,000 threshold?  Hmmm.  Plenty of companies are […]

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by Nina L. Kaufman, Esq. on August 3, 2016

Common Small Biz Legal Issues

Business law has become so complicated – how can you keep it all straight? Add to that the mountain of tasks that a small business needs to take care of – legal duties that you, as the business owner, may not even be aware of! That’s where an attorney can help, to ensure that your […]

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by Nina L. Kaufman, Esq. on July 31, 2016

Strategic Alliance or Dalliance?

“Let’s do something together.” I hear it all the time.  It’s all the rage, this obsession with networking, social media, and a business offshoot, strategic alliances.   When it works, it’s great – more people talking about your company and buying your products.  What we’ve discovered, however, is that it’s not a race to see who […]

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