People often view a marital prenup like having a bucket of ice-cold water dumped on your head. Small business owners are no different. When they look to form business partnerships, the thought of negotiating a business partnership agreement can be too chilling to contemplate. Problem is, when you start working together without working out the […]

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You want to hire an independent contractor. Or a freelancer. Mostly because you don’t want to get involved in the red tape and extra costs involved in hiring an employee. So you put together an independent contractor agreement, and the freelancer signs it. Are you in the clear? No. In this segment of MSNBC’s Your […]

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Q.: I own 51 percent of an LLC. If I plan to split with my business partner what am I responsible to pay him?   Read on to find out . . . !

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by Nina L. Kaufman, Esq. on May 10, 2018

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 May 7, 2018

How to Choose the Business Structure that’s Right For You

At some point in their business planning, most entrepreneurs wonder: “How can I protect myself if things go awry?” Even if they have few personal assets, they may want to avoid the possibility of seeing their name in the caption of a lawsuit, for how can you concentrate on business with that looming over your […]

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by Nina L. Kaufman, Esq. on May 4, 2018

Keeping Secrets with Confidentiality Agreements

Picture this: You’re sitting at your favorite watering hole with a gal pal (or guy friend) and are totally charged because you came up with an a-m-a-z-i-n-g new idea for a product. So amazing you cannot believe it. It fills a void in the market, it’s easy to ramp up, your brain is already brimming […]

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by Nina L. Kaufman, Esq. on May 1, 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 April 28, 2018

Common Small Biz Legal Issues

Business law has become so complicated – how can you keep it all straight? Add to that the mountain of tasks that a small business needs to take care of – legal duties that you, as the business owner, may not even be aware of! That’s where an attorney can help, to ensure that your […]

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

When Partnerships Turn Sour

Reproduced from my weekly ezine, LexAppeal: As I mentioned last week, business partnerships are delicate creatures.Like Japanese maple trees, you need to plant them in the right soil, protect them from harmful pests, and tend them carefully.Any one of these factors could cause the tree to wither and die. As the proverbial gardener of your […]

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

A Sweet Beginning to a Strategic Alliance

In my opinion, there are few more delectable words in the English language than . . . chocolate.    So it’s with great enjoyment that I learned of the sweet new strategic supply and innovation alliance between The Hershey Company and Barry Callebaut.  The companies will collaborate on a number of activities including the construction […]

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