by Nina L. Kaufman, Esq. on April 27, 2015

Avoiding a Bomb of a Business Partner

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Drum roll, please . . .  I’m at T minus 16 for the launch of my latest product, The Entrepreneur’s Prenup: How to Choose a Business Partner Who Won’t [bleep] You.  It’s a home-study course that will take you through the top issues to consider when choosing a business partner and how you can screen […]

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by Nina L. Kaufman, Esq. on April 26, 2015

Revealing General Tips about Working with General Contractors

“Sallie” was nervous, but excited. She had found the perfect space for her growing PR firm – near the center of town in an area that wasn’t yet high-end (so the rent was still affordable), but up-and-coming, with a vibe that fit her creative personality. The raw space had a lot of potential, and the […]

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by Nina L. Kaufman, Esq. on April 25, 2015

Want to expand without employees? Try a dispersed team

Bit by bit, businesses small and large are moving away from using full-time employees. Why? The escalating costs of health care The thickets of employee legislation that impact smaller and smaller companies (like NYC’s recent move to a paid sick leave threshold of 5 employees, down from 20) The explosion of collaborative technologies that support the […]

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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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