May 21, 2017
The article “Protect Your Business and Your Family” raised a valid point — that partnerships are not eternal. But the point is not an obvious one. Many business owners I know and advise refer to their “business partner” as the person with whom they own a business. The business may take the legal form of a corporation or a limited liability company, but they’ll still use the word “partner.” After all, it’s a lot more succinct than “co-shareholder,” which conjures up stark, impersonal images of monolithic corporate entities. And it’s a lot less socially awkward than saying “this is my co-member” . . . which has salacious overtones. It’s not often that business partners are true “partners” — in the legal sense of the word as being partners of a “general partnership.” Perhaps that’s because a general partnership has some definite downsides as a legal entity, namely, that the personal assets of all partners are at risk in the event of a judgment or loss. I see fewer and fewer people affirmatively choosing a “general partnership”…
Continue ReadingFor most solo and smallfirm owners earning under $1M, CASH IS KEY. How can you make sure it gets into YOUR bank account as soon as possible? This comes up a lot with my coaching…
Read MoreIf you look up the definition of “control freak” in the dictionary, you’ll probably find my picture. It’s not in my nature to delegate—and the same often holds true for business owners in general. Many…
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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.
