Join me on September 22nd as I share my thoughts, lessons, and humor on business partnerships with the Twitterverse!  Yes, it’s a brave new world I’m entering, thanks to Melinda Emerson, The Small Biz Lady, and her #smallbizchat show.  Every Wednesday, she hosts a weekly Twitter chat – focusing on everything that small business owners need […]

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by Nina L. Kaufman, Esq. on October 20, 2020

Finding the right angel investor for seed funding

Investors may seem like guardian angels, but they are definitely worth investigating when you’re seeking seed funding. Expectations run high in relationships where seed funding is involved. Therefore, invest the time to ensure that that your “too-good-to-be-true” angel investor really is just that: 1. Do a reference check. Although angel investors may come through referrals, […]

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Post image for The Customer Is Never Wrong — But Is It the Wrong Customer?

“Can I talk to you personally?” asked Linda. She seemed a little hesitant, so after we ran into each other at a networking event recently, we sat down over coffee. Linda had given some marketing work to a mutual colleague, Ingrid, whom I’ve known for many years. “I have to tell you that, categorically, I […]

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by Nina L. Kaufman, Esq. on October 11, 2020

Create an Environment for High Performance

The word “motivate” means “to stimulate towards action.”  I emphasize towards because too often, we hear of stories where it’s only the threat of the lash (and termination) that keeps employees in their seats … for fear of losing their income. But that’s not motivation—as in moving forward.  That approach doesn’t bring your team happily […]

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by Nina L. Kaufman, Esq. on October 8, 2020

When do I need a new employer tax ID for an LLC?

Q.:  I recently became a sole owner of an LLC due to a partnership split. I am renaming the LLC due to the split. Is it necessary to obtain a new employer tax ID (also known as an “EIN”) for the new LLC?   A.:  Generally, a simple name change of an LLC does not […]

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by on October 5, 2020

What Lawsuits Cost Small Businesses

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What will $105 billion get you? For some, it equals the gross domestic product of a small island nation in the Caribbean. However, here in the United States, it’s the burden that small businesses shoulder in tort liability costs. As reported on Small Business Trends, a recent study by the U.S. Chamber Institute for Legal […]

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Picture this: you’re renovating your house (or apartment, for us city dwellers)…and it looks like a bomb just hit it: sawdust and sheetrock shrapnel is everywhere; there are open paint cans and trays and brushes dotted about the drop cloths on the floor; wires and cables snake from the ceiling and along the open baseboards; […]

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Post image for How a MySpace ‘Friend’ Request Led to a Criminal Conviction

From the department of “what part of ‘don’t contact me’ do you not understand?” comes a recent New York case, People v. Fernino [2008 WL 382348 (N.Y.City Crim.Ct. February 13, 2008), for those of you who want the citation]. Thanks to Evan Brown and his Internet Cases blog for pointing it out. Here’s the history: […]

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by on September 26, 2020

The End of Privacy as We Know It?

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Is the rise of Web 2.0 the beginning of the end for personal privacy? While only time will tell, there are plenty of pundits crying “the sky is falling!” …and perhaps with good reason. Never before has it been so easy to circulate private information. Never before have the intimate details of so many people’s […]

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Post image for Ancient Chinese Secret? The Key to Family Business Longevity

Thanksgiving is a day of gratitude, an opportunity to be with family. So on this family day, it’s somewhat fitting to have this post about family businesses. If you are, or have any inclination to be, in business with a family member, there is a secret to ensuring its success. Some firms have been family-owned […]

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