Business Transactions

Post image for How to Lease Office Space–A Saga in 3 Parts

From the “I-couldn’t-have-said-it-more-thoroughly-myself” department, here is a series of helpful posts from Texas attorney Ryan Roberts (“The Startup Lawyer”) on the ins and outs of leasing office space (and not getting ripped off in the process). Part 1: Why much of what is in a lease is not boilerplate, despite the microscopic print. Understanding the […]

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As a lawyer, “put it in writing” is my mantra. I believe that having written agreements is sound business practice. But it’s not illegal not to have one. Without one, you simply increase your risk of getting burned . . . exponentially. (See my article “The Single Most Important Thing to Know about Verbal Agreements“. […]

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Small business owners often look at their company as their retirement plan—and they may truly believe there’s a big pot of gold waiting for them at the end when they sell their company. Yet, very often, the entrepreneur hasn’t taken the steps to get the plans in place to build to sell (and put money […]

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You’re a gun for hire. No, not in the “John-Wayne-with-spurs-clinking-down-a-tumbleweed-path” kind of gun for hire…more in the “you’re-brought-in-to-handle-the-tough-stuff” vein. For example, Epiphany, an up-and-coming clothing company based in Taos, New Mexico, needed consistent branding and attention, in order to attract the kinds of customers they wanted. They could design clothing, but designing a solid marketing […]

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The alarm goes off at 6:00am. Fifteen minutes later, coffee in hand, you walk into your office and turn on your computer. You are clad in a Boston Red Sox T-shirt, your husband’s Fruit of the Loom® boxers, and a pair of AniMules fuzzy giraffe slippers. Is this the perennial nightmare that you’ve shown up […]

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Letters of intent can be dangerous things in the wrong hands.  Also called memoranda of understanding, term sheets, or discussion sheets, a letter of intent (LOI) is a document that outlines an agreement between two or more parties before the agreement is finalized.  Kinda like a “pre-agreement agreement.”  Paradoxically, entrepreneurs often use LOIs when they […]

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We may like to think that animal training and child-rearing have nothing to do with establishing and maintaining business relationships with peers . . . but in some ways they’re not so different.  Puppies and babies and clients are like new love:  happiest when given a healthy set of boundaries and consistent expectations.  Here are […]

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Trying to collect on a delinquent debt is rarely a profitable experience – in any sense of the word. You can prevent time-consuming lawsuits by becoming savvier about choosing the right clients. Your productivity and success will depend on your ability to pre-screen for these problem people so that you don’t take them on in […]

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Post image for Interview with Kat Gordon: The Art of Getting Paid

As Kat Gordon, founder of the mom-centered marketing agency Maternal Instinct knows well, moms influence 85 percent of their household purchases.  There’s an art (and a science) to marketing to mothers.  Being a business owner, she also learned the hard way that there’s an art (and a science) to getting paid by your clients. Listen in […]

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Post image for 5 Essentials for Non-Compete Agreements

Well-crafted employment documents can protect your company from losing employees to the competition. You’ve built a company. You’ve created valuable intellectual property, and you have a great stable of solid clients. You need employees to move the business forward, but the last thing you want to do is spend valuable time and money training your […]

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