by Nina L. Kaufman, Esq. on February 18, 2018

Business Partners Left Holding the Bag

Today’s lesson: you can’t just “walk away” from a business partnership. Another submission from the Department of Horror Stories. “Marcia” started a corporation about 15 years ago. She and her former partner, “Dara,”personally guaranteed a line of credit for the company.About 10 years ago, and after a protracted lawsuit, Marcia left the corporation with an […]

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by Nina L. Kaufman, Esq. on February 15, 2018

Partnership: It Takes Two to Tango

I recently had the pleasure of speaking to (and then finally meeting in person at the BlogHer for Business conference) Sharon Horowitz, PhD, principal of the consulting firm, CenterNorth.  In addition to possessing a keen intellect and a background in psychology (not to mention a charming South African accent), Sharon has put together a brilliant white […]

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by Nina L. Kaufman, Esq. on February 12, 2018

How Entrepreneurs Can Protect Their Ideas

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In response to my teleclass announcement, I had an inquiry from a reader in Illinois who was wondering how she could protect her idea for a product aimed at children and young adults. The first thing to recognize is that intangible ideas cannot, in general, be protected — not by using traditional copyright or trademark […]

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by Nina L. Kaufman, Esq. on February 9, 2018

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 February 6, 2018

Do I Have to Have a Business Name to Do Business?

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I had a post from “Explorer,” who is starting a new venture (Congratulations!). Explorer was wondering if it’s OK to do business without a company name at the start, as she hasn’t registered one yet. For anyone else who might have the same question, here’s how I responded: In the U.S., there’€™s generally no requirement […]

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by Nina L. Kaufman, Esq. on February 3, 2018

For Small Business, Change is the Only Constant

When I have writer’s block–or just need a change of pace–I have a favorite cafe that I like to go to.  Free WiFi, a vast selection of teas (hence the name of the place: SubtleTea), delightful servers, cool Sirius jazz music wafting gently in the background. Until today.

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by Nina L. Kaufman, Esq. on January 31, 2018

Minimize Tax Terrors in Two Simple Steps

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It’s coming up to that time of year again. The time that most business owners dread. Tax season. Most entrepreneurs would rather have root canal surgery without anesthesia than go through the nightmare that is tax return preparation. Where are my documents? What can I deduct? Given everything going on with the economy, am I […]

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by Nina L. Kaufman, Esq. on January 28, 2018

Finding Independence in Union

When the American Colonies declared their independence from the British crown on July 4, 1776, they also came together as the “thirteen united States of America.” So when times comes to declare your independence from the tyranny of unsatisfying work, will you join forces with another? If your thinking of forming a partnership, here’s a […]

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by Nina L. Kaufman, Esq. on January 25, 2018

The Declaration of Independence

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The significance of the July Fourth holiday tends to get lost amid travel plans, a short work week and the desperate need for relaxation in our increasingly frenetic world. Our Founding Fathers also felt a need to be released from tyranny . . . of a different sort. They wrote: When in the Course of […]

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by Nina L. Kaufman, Esq. on January 22, 2018

Grow Your Business with Partnerships-Webinar

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Following Marian Banker’s webinar on “How to Grow Your Business Using Partnerships,” I provided her with some comments that bear repeating.  They concern the words and language we use to talk about partnerships.  I know, it sounds like a lawyer splitting hairs over words . . . but whether we like it or not, certain […]

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