by Nina L. Kaufman, Esq. on April 24, 2017

Strategic Alliance Sandtraps

So you’re hot to trot with a strategic alliance.  You’ve chosen the alliance partner; you’ve decided what you want to do.  What can go wrong now?  How about looking at whether your employees are on board with the whole thing? For any of you who have ever golfed (or seen a golf course), the experience […]

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by Nina L. Kaufman, Esq. on April 21, 2017

The Start-Up Equity Split Dilemma

In his post, “Startup Founder Equity Splits,” Ryan Roberts touches on an age-old dilemma faced by many beginning entrepreneurs: “how much equity should I give to the other founders to provide me with money, contacts, or other benefits in getting my brainchild of the ground?” It’s a dilemma because many entrepreneurs want to control the […]

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by Nina L. Kaufman, Esq. on April 18, 2017

Working Through The Numbers on Ownership

I’m often asked, “what’s a fair division of ownership between busienss parnters” and “how much equity should I give an investor?” The short and obvious answer is: it depends. In his short post by the same name, David Ronick, founder of UpStart Advisors, illustrates how one entrepreneur thought through the process when raising capital, after […]

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by Nina L. Kaufman, Esq. on April 12, 2017

Extra! Extra! Lex Appeal Provides Partnership Tips for February!

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A gentle nudge for those of you who are not subscribers to my now-weekly ezine, Lex Appeal.  For the month of February, I’ll be providing weekly tips on business partnership issues including: Are you partnership material? Do you have your life partner’s buy-in for your business plans? The 4Ms of partnership agreement basics Signs that […]

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by Nina L. Kaufman, Esq. on April 9, 2017

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 Basic Training: (A Little) Night Reading: Great Business Blogs for Entrepreneurs

Yes, your time is at a premium . . . but all it takes is one great idea, one spark of inspiration to really heat up your company, right? And what better way to get that than reading about some of those deep in the trenches of entrepreneurship? Here’s Bootstrapper’s list of must-read blogs for […]

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by Nina L. Kaufman, Esq. on April 3, 2017

Basic Training: What Is a Registered Agent?

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I’m often asked, “Why can’t I just incorporate in Delaware?” Well, for many small businesses, it doesn’t make legal or financial sense to incorporate in Delaware if all of your business activities are going to take place in, say, North Dakota. In many instances, you’ll end up doubling your formation filing fees, adding to the […]

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by Nina L. Kaufman, Esq. on March 31, 2017

Your Biz Needs an Annual Legal Physical

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Don’t ignore these 5 legal issues, or you might find yourself facing expensive, protracted litigation. It doesn’t take a genius to know that Grandma Sophie was right when she said, “An ounce of prevention is worth a pound of cure.” You can see it easily when dealing with employees. According to a survey by Mercer, “The […]

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by Nina L. Kaufman, Esq. on March 28, 2017

A Succession Plan Blueprint for Family Businesses

I recently spoke at a seminar on the subject of buying and selling a business.  One of the most common reasons that sellers don’t get the price they want is that they wait until the last minute before they’re ready to sell.  That is, they wait until they’re burned out, bored … or dead (in […]

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by Nina L. Kaufman, Esq. on March 22, 2017

Be There! The 3rd Annual PA Business Tech Conference

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If you’re looking for a rising star in the urban firmament (and a great place to do business), look no further than Pittsburgh.  “Pittsburgh?” you say, barely concealing your surprise and disgust.  “Isn’t that just an old steel town?” No longer.  With major industry changes in the 1980s, Pittsburgh shifted its economic base to education, […]

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