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

Unemployment coverage for the small business owner

Q.: I recently got laid off from my full-time job. My small business only makes enough to cover my business expenses. Can I still collect unemployment from my full-time job even if I have a sole proprietorship? A.: Generally, you cannot get unemployment coverage if you are a small business owner.  The purpose behind unemployment […]

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

Basic Training: Bookkeeping and Business Startup

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Today’s post deals with the conundrum, how to account for business expenses without a company bank account, and how to set up a company without business funds? Q.:  “I recently formed an LLC to create an online store. Because I saved diligently I had enough money in my personal savings account to cover all setup […]

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Post image for Basic Training: B is for Bide Your Time Until You’re Properly Capitalized

It’s only Jan. 2 (there was no WAY I was going to touch the computer yesterday), and already I’ve encountered a prime example of plus ça change, plus c’est la même chose, or, for those of you Yogi Berra fans, it’s déjà vu all over again.In short, same s**t, different year. My New Year’s wish […]

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Q.: Am I required to have workers compensation coverage if I am the sole employee/owner? A.: Generally, if you are self-employed, you are exempt from the requirement to have Workers’ Compensation coverage to cover yourself.  However, the minute you add an employee, get that in place – pronto! Some states do allow you to “opt in” […]

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Q.:  I started an LLC with two partners. After a year in business, I am choosing to take another path. I want to resign from the LLC and am attempting to separate my legal liabilities. We initially signed a three-year commercial lease with personal guaranties and currently have 23 months remaining. Is there a convincing […]

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by Nina L. Kaufman, Esq. on April 19, 2015

How can I get out of my commercial lease?

Q.:  The current economy has sunk my small business. Customers have stopped buying and I can’t make my overhead expenses. Is there a legal way of breaking a commercial lease that has eight months left, given the terrible events happening in this economy?   A.:  You can try speaking to your landlord to see if […]

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Q.: I will be providing a maid service as an independent contractor and will start with one or two maids but don’t know how surety bonding works. If I am an independent contractor for a maid service, do I have to bond each maid, or just have one bond for the company? Also where, and […]

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Q.:  We want to do open a Sushi bar in a new shopping center. What can we reasonably ask the landlord to do for us before we move in (i.e., gas piping, drain work, ceilings)?  What should we ask for in negotiating a commercial lease? A.:  As my mother always says, “If you don’t ask, […]

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by Nina L. Kaufman, Esq. on April 16, 2015

Do You Know Where You’re Going To?

Do you know where you’re going to?  Do you like the things that life is showing you?  Where are you going to?  Do you know? These are important philosophical questions.  They’re also important business questions.  (They’re also lyrics to the theme song from the classic film, Mahogany). If you don’t know when you want to get out […]

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by Nina L. Kaufman, Esq. on April 15, 2015

Score 1 for The Good Guys–How StartUp Nation Fought Back

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Here’s an encouraging story about how someone fought back against a Twitter-jacker–and won!  StartUp Nation founder Rich Sloan outlines how he found out that someone had co-opted StartUp Nation’s identity on Twitter and the steps he took to resolve the situation . . . and without incurring huge legal fees.  Read through the comments, too, […]

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