Post image for Chasing Your Dreams–an Interview with Robert Tuchman

Ready to chase your dreams of being an entrepreneur? Yes, I mean you. Why not you? Listen in to this lively and informative interview of Robert Tuchman, author of YOUNG GUNS: The Fearless Entrepreneur’s Guide to Chasing Your Dreams and Breaking Out on Your Own. Robert talks about why the theme of “why not you?” […]

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by on January 5, 2019

A Little Levity

I’ve seen this joke in many guises.  There’s the information technology specialist and the businessman; the politician and the scientist.  Here’s one for lawyer and client (and, yeah, they were all written as “he”). Enjoy! “Business Partners” A man is flying in a hot air balloon and realizes he is lost. He reduces height and spots […]

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by Nina L. Kaufman, Esq. on January 2, 2019

Do you want to Hangout … or hang yourself? [VIDEO]

The clock is ticking … I have to be on a Google® hangout call in 30 minutes. Here’s the problem: every time I try to either host or participate in a hangout, I run into technical snafus. I’m stressed beyond belief, not just because I can’t figure out how to get onto the damn call […]

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by Nina L. Kaufman, Esq. on December 30, 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 on December 27, 2018

Basic Training: About Presidents

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In light of this week’s national “activities,” here’s a question about presidents–of corporations, that is. Q.: Can you change the president of a corporation? And if the president dies, who takes over? A.: Sure you can change the president of a corporation. But, like our national government, you have to have an election. And if […]

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Entrepreneurs approach the business planning stage differently.  Some need to cross every “T” and dot every “I” — not a bad approach if you’re seeking financing from sources outside yourself.  Others find are a little more relaxed about it.  As Harry Karanja, a web cafe entrepreneur in Nairobi, Kenya, described his thought process: My preferred […]

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After a couple of weeks of strategic planning, I’m once again ready to put first things first. Good thing, too, as the New Year is upon us. It was a conversation with Joyce Bone, Founder & COM (Chief Operating Mom) of MillionaireMoms.com, a few months ago that made me realize that I had gotten off […]

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by on December 18, 2018

Welcome to ‘Basic Training’

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Atten-SHUN! Welcome to “Basic Training,” a new spin on legal issues that I’m introducing. We all know that entrepreneurship is not a smooth ride. There’s no magic bullet, no “instant formula” to which you can just add water and–POOF!–find you have a fully grown and functioning company. Entrepreneurs ask me legal (and quite a few […]

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by Nina L. Kaufman, Esq. on December 15, 2018

How Can Your Accountant Boost Your Profits?

Now that tax season is done done done, (yes, I filed on extension), I wanted to give a shout-out to the people who made that process relatively painless: my accountants.  They have certainly saved my bacon on more than one occasion. By keeping a watchful eye and working with me proactively, we were able to […]

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by Nina L. Kaufman, Esq. on December 12, 2018

Using key man policies as a business partnership benefit

Q.: We are setting up key man insurance policies, and one of the spouses asked whether the business could pay for the family’s term life insurance policy as a benefit from the business.  Can a partnership use a partner’s family term life insurance policy as a business expense, with the intention of using the policy […]

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