by Nina L. Kaufman, Esq. on December 17, 2017

When a Partnership Dissolution Comes Back to Haunt You

Here, from the Department of Nightmarish Scenarios Thrown at Me Out of the Blue from People who Want Free Legal Advice: “Marvin” and “Peter” took out a credit line when they were in business together.  Both personally guaranteed the credit line.  A few years later, Marvin and Peter absolutely had to part company.  And finally, […]

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by Nina L. Kaufman, Esq. on December 14, 2017

Director liability when you’re no longer a director?

From the Department of “Hey, That’s a Good Point!” comes this article on Board of Directors liability by attorney Alan Sklover, Esq.  (yes, you can learn interesting things from your LinkedIn groups!).  It has to do with corporate housekeeping, directors and officers, and how to protect yourself against future entanglements. Why is this relevant? Because […]

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by Nina L. Kaufman, Esq. on December 11, 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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by Nina L. Kaufman, Esq. on December 8, 2017

How Entrepreneurs Can Legal Protect Their Web-Based Business

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One of the great things about the Digital Age is the ease of doing business online for entrepreneurs and small businesses. Raking in great profits no longer requires investing in major real estate leases, huge inventory (and where would you PUT it?), or hiring extensive sales teams. But operational simplicity does not necessarily equal legal […]

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by Nina L. Kaufman, Esq. on December 5, 2017

The Insider’s Guide to Networking on the Golf Course

With the passing of Labor Day, the symbolic end of summer, I can finally stop feeling guilty for not airing my (forgiving) Callaway clubs more during the golf season. I’ve been told that to build my business, I need to network on the golf course. Golf is touted as the crown jewel of business networking, […]

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by Nina L. Kaufman, Esq. on December 2, 2017

Product Placement as a Strategic Alliance Vehicle

Nissan and NBC recently announced a significant marketing partnership to promote NBC’s hot new series, “Heroes“.  Ordinarily, I’d say, “promoting a car on TV — so what?”  But I happen to l-o-v-e the series, an epic drama that chronicles the lives of ordinary people who discover they possess extraordinary abilities . . . and whose […]

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by Nina L. Kaufman, Esq. on November 29, 2017

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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by Nina L. Kaufman, Esq. on November 26, 2017

Asset Protection: Why forming a company may not be enough

So you thought you had your bases covered when you formed your corporation (or LLC) for your new business.  But forming a company alone may not be enough.  (Surprise!  Ugh.) Yes, you wanted to protect your personal assets from business creditors … but are your business assets protected from personal creditors?  Personal creditors can include: […]

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by Nina L. Kaufman, Esq. on November 23, 2017

‘Training’ Your Clients to Pay You–Podcast!

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Got 10 minutes? For anyone starting and running a business, making sure that clients pay you on a timely basis is a huge consideration.  Check out this StartUp Nation podcast, “Training Your Clients to Pay You.” I’m interviewed by Rich Sloan, the co-founder and Chief Startupologist of StartUpNation.  The site also has a lot of […]

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by Nina L. Kaufman, Esq. on November 20, 2017

The Importance of Recurring Income Streams

“You see this here doughnut? What you got is the hole.” I’ll never forget that sinking feeling when I heard that from a business expert I consulted. I couldn’t believe it.  I was stunned.  Humiliated.  12 years of building my law firm—all that blood, sweat, and treasure—and I have nothing to show for it … […]

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