My uncle has a favorite story from his childhood — those halcyon days before the advent of Nintendo, Game Boy, and Play Station.  In the woods behind his house, he found a large stick.  Some days, the stick was a sword.  Other days, it was a gun.  At rare moments, it served as a periscope.  […]

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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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by Nina L. Kaufman, Esq. on July 4, 2020

Can I use my personal cash account for business?

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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by Nina L. Kaufman, Esq. on July 1, 2020

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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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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Post image for How to Speed-Read a Non-Disclosure Agreement

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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by Nina L. Kaufman, Esq. on June 19, 2020

The Entrepreneur Breakdown to Breakthrough Contest

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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by Nina L. Kaufman, Esq. on June 13, 2020

Common Small Biz Legal Issues

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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