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

Of Icebergs and Elephants

One of the advantages to blogging on business partnership issues is that it’s a wonderful conversation catalyst. Everyone has a story to tell! As I was waiting on line to get coffee at the recent BlogHer for Business conference, I was regaled with a sad tale of woe, disappointment, and destructive passive-aggressive behavior. Seems that […]

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

When a Business Deal Seems Too Good to be True . . . .

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. . . it probably is. Don’€™t you remember your mother telling you, “Don’t buy a pig in a poke?” when you wanted to plunk down large sums of money for a major purchase without perusing Consumer Reports? She wanted you to be sure that that stereo (or car or refrigerator) was good quality, long-lasting, […]

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by Nina L. Kaufman, Esq. on January 22, 2015

Is Barter A Smart Business Model?

I’m often asked by cash-strapped entrepreneurs whether they could “pay” me through barter – exchanging my legal services for whatever it was they were offering. And there’s always a rags-to-riches tale that can be told where the young business owner got her start (and her company got a real boost) because she was able to […]

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by Nina L. Kaufman, Esq. on January 21, 2015

Franchises–Where Fools Rush In…

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Franchises can be an attractive way to start a business. There’s already a system in place; you know (if you’ve done your due diligence) it’s a proven, profitable model; and the franchisor provides you with ready resources. But “fools rush in where angels fear to tread,” said English poet Alexander Pope. And franchises can be […]

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by Nina L. Kaufman, Esq. on January 20, 2015

Raising Investment Capital–Beware of ‘Finders’

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Let’s face it. Not all of us are independently wealthy. Sometimes we need financing from others to help convert our dreams into tangible reality. But is it legal to give someone a “piece of the action” for finding a source of capital? The answer, writes my colleague, Steve Furnari, Esq., is an unequivocal “no.” Read […]

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

The Partner Principle: Interview with Robert Tuchman

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I was intrigued with what Robert Tuchman had to say about his experience with business partners–check out Chapter 5 (“The Partner Principle”) of Young Guns: The Fearless Entrepreneur’s Guide to Chasing Your Dreams and Breaking Out on Your Own. Especially as his is a success story. How rare is that? So I invited him back for a second […]

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by Nina L. Kaufman, Esq. on January 18, 2015

Top 50 Free and Excellent Legal Web Apps

There are lots of ways to waste your time online.  Why not spend it poking around researching something productive? Judith Leeson has compiled a list of 50 Free and Excellent Legal Web Apps.  Though she did it for law students, here’s just a sampling of the handy and interesting things you can learn from the […]

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by Nina L. Kaufman, Esq. on January 17, 2015

St. Patrick’s Day… A Legal Issue?

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St. Patrick’s Day is no stranger to legal controversy. Gay Irish groups in New York and Boston have had protracted (and unsuccessful) fights with city leaders over the right to march in the parades. And this year, there’s an unsual legal issue (albeit an ecclesiastical one). According to CNN online, for the first time since […]

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

How can I close a corporation that never got off the ground?

Q.:  I started a business about 15 years ago. Because of sickness, I couldn’t get it off the ground. I never had any revenue or inventory. Now the credit people have it listed as a current business. How do I unincorporate?   A.:  The proper way to close a corporation is to file a certificate […]

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Q.:  What steps do I need to take to purchase a business name from my uncle? The business name belongs to my uncle, and he is going to sell all rights to the name to me. How do we start the process, and where do we go to get the transfer of ownership done legally? […]

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