Featured

Turning Over Your Business to Blood (Relations, That Is)

Turning Over Your Business to Blood (Relations, That Is)

By Nina Kaufman, Esq.

Transitioning a business is never easy under the best of circumstances; having a family succession plan is even thornier. After all, you are entrusting your life’s work to people who, years ago, may have (1) stolen your boyfriend (or favorite party dress or Johnny Mathis album), (2) crashed the station wagon while carousing after a high school football game, or (3) been the family egghead who played Etch-A-Sketch at the dinner table and seemed to relate better to the dog. The serious business considerations mixed with family dynamics/emotions can result in a volatile cocktail.   Here’s the goal: to make sure that you, the founder, get the financial security and value you want from turning over your business, while ensuring that the next generation receives a healthy business that will sustain them as they take it forward.   How can you get there? Keep these key issues in mind:   Know what it’s worth and what it will cost. Be fair and objective, as if you were selling the business to an outsider. Get outside…

Continue Reading

Popular

A Simple Solution to Verbal Agreements

A simple solution? Who says there’s a problem with verbal agreements? As a lawyer who has had to litigate contract cases involving verbal agreements, I say, “I do.” Do you remember playing the game “telephone”…

Read More

Negotiate for results

When you really think about it, negotiating isn’t that hard. It’s simply a process where each side wants to get as much as possible from the other at the least possible cost. Which is something…

Read More

“Attention, Internet Business Owners!”: Your Website Terms and Conditions

They’re there, even if they’re hidden and don’t smack you in the face. They’re on Amazon.com, Shopping.Yahoo.com, and even less-known names like SnuggleMe.com (pet products). “They” are website terms and conditions; your website should have…

Read More
Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.