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Have you ever known a family that doesn’t have a fight . . . about something? It could be about “who’s hosting Thanksgiving,” “who slighted whom,” or “how to run our business.” In his article, Resolving Disputes in Family Businesses, David Gage points out that: A family business is really three distinct but intricately related systems: Family, […]
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Q.: I have just received my DBA and I’m ready to begin my own business. I would like to clarify once for all if I can use (as I would like) my personal cash account for business purposes too. A friend of mine says so but on my bank website looks like I need a […]
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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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In an international alliance that seems to have wider-than-industry implications, the Italian automotive giant, Fiat, and Serbian industrial conglomerate, Zastava, signed an agreement last week on strategic cooperation and joint investment. As reported, the memorandum would give Fiat a 70% stake in Zastava (the state would continue to own the remaining 30%), and mark Fiat’s […]
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OK, I’m not going to gripe and ask why I’m not on Trump University’s faculty when I see someone else blogging about business partnerships. Clearly, Randal Pinkett, PhD, is tighter with “The Donald” than I am (which is to say, I have no connection to Donald Trump unless I wanted to play 6 Degrees […]
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Non-disclosure agreements (NDAs) have many uses. You may have a fabulous idea and want to protect it as you share it with potential investors. Or you may be on the receiving end of one, as this article, “How to Speed Read an NDA,” anticipates. Written by my colleague, IP attorney Terence Church, Esq., the article gives you […]
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Most business owners [Solopreneurs, Entrepreneurs] reach a boiling point – a point where they are totally overwhelmed and can’t take it anymore. They have a choice: bust through and find a way for the business to function without them as much, or scale back so they can keep it manageable. We want to hear your […]
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Unpaid internships used to be all about “the experience”–an opportunity for young students to break into a new field, to gain contacts, to explore new career possibilities. But with the current administration’s increased focus on enforcing labor law violations, small businesses could well fall into the enforcement net. While this Daily Dose post covered […]
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Business law has become so complicated – how can you keep it all straight? Add to that the mountain of tasks that a small business needs to take care of – legal duties that you, as the business owner, may not even be aware of! That’s where an attorney can help, to ensure that your […]
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“Aw, c’mon,” you cry, “so what if I have my friend’s daughter coming into handle my bookkeeping and I just pay her hourly?” Well, that “so what” could cost you thousands of extra dollars in penalties and interest if you don’t classify your “workforce” properly. Whenever your business benefits from someone else’s time, intellect, and […]
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Taking on a business partner is not a decision to be made lightly. It’s much like getting married. With the tools provided to you in The Entrepreneur’s Prenup you will always have the partnership guidance you need, regardless of where you are in your partnership process.
Nina in the Media