by Nina L. Kaufman, Esq. on March 3, 2015

Basic Training: Fun (or Not) with Finances

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The year is winding down, and it’s a good time to get a handle on your finances and tax situation. Here are few questions of a financial and tax nature that hearken back to that age-old advice: Get an accountant! Q.: What do I do with credit card finance charges, late fees and over-the-limit fees? […]

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by Nina L. Kaufman, Esq. on March 2, 2015

When the Fairness Scale Starts to Tip the Wrong Way

Like any other relationship, one with a business partner is not always on an even keel. You do the best you can, recognizing that there needs to be give and take. The important thing is to make sure that the “giving” and the “taking” isn’t one-sided. This is especially important in situations where each partner […]

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by Nina L. Kaufman, Esq. on March 1, 2015

Basic Training: N is for Never Practice Medicine without a License

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You’d think that would be self-explanatory. But with the proliferation of the internet, holistic products and that gray area of “wellness,” who’s to say? Today’s Basic Training entrepreneur already had a website selling a product that’s 100 percent natural. She didn’t disclose the product to me but says that it could be perceived as medicine […]

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by Nina L. Kaufman, Esq. on February 28, 2015

Basic Training: Pursuing Patent Protection . . . 20 Years Later?

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Q.:  I’m wondering– is it still possible that I can capitalize on an idea/concept that is 21 years old.  I was diligent in obtaining corporate backing-so I contacted several corporations that were big in the industry. I was trying to indulge in as many contacts as possible. I guess I talked to the wrong person […]

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by Nina L. Kaufman, Esq. on February 27, 2015

Getting the most from your attorney

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Okay, I get it.  We’re a big ticket item.  We come with a bad reputation.  We can be nasty and ugly (although I’m kinda cute) and speak in a strange jargon . . . where it seems we’re deliberately trying to play intellectual one-upmanship games with you to let you know who’s the smartest guy/gal […]

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by Nina L. Kaufman, Esq. on February 26, 2015

Stop Selling; Start Partnering

Never mind the book (although I’m sure it’s great) — here’s a delightful and intelligent book review of Larry Wilson’s Stop Selling – Start Partnering by Jim Hassett. Although Jim’s professional focus is on law firm marketing, he raises pertinent questions that apply to any company seeking to provide greater value to clients, and who want […]

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Q.:  Can Subchapter S retired stock be un-retired?   A.:  Generally, when you have gone through a stock transfer to sell your shares back to a corporation, when you later buy back in to the company ownership, the corporation simply issues new shares to reflect the new purchase. In an ideal world, when someone sells […]

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by Nina L. Kaufman, Esq. on February 24, 2015

Are there obstacles to company ownership if I’m not a U.S. citizen?

Q.:  I’m a Canadian wanting to buy a small to medium-size business. Are there restrictions to purchasing a U.S.-based company? I have no credit history in the U.S. I have $300,000 to $500,000 to invest. I’ve also heard that any non-U.S. citizen who invests more than $100,000 in a business gets fast-tracked for a green […]

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by Nina L. Kaufman, Esq. on February 23, 2015

Nothing is wasted

My life has become an M. Night Shyamalan film. More specifically, Signs. If you’ve never seen it (and no worries about a spoiler alert, here), it involves a former priest, Graham (played by Mel Gibson), whose wife died in a horrific car accident. He has two children: a son, Morgan, who is asthmatic; and a […]

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by Nina L. Kaufman, Esq. on February 22, 2015

Getting Paid in a Tough Economy

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Cash (flow) is king, especially in a challenging economy. But there are ways you can ensure that you get paid in a timely manner.  Jamie Herzlich’s article in Newsday gives some handy pointers, including: Staying on top of unpaid invoices Developing a system for handling them Putting payment plans in place ASAP (if full payment […]

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