Summer getaway vacations are a lot like business partnerships. You need an outlook of adventure, a mindset for cooperation, and an attitude of mutual respect. You also need to be mindful of your budget. It’s a journey that you’re sharing together. Like vacations, business partnerships can spoil for many reasons. But the grounds often circle […]
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Collaborating with another company on a project can give your business a powerful boost in visibility, creativity (sometimes, two heads really are better than one), and potential clients. But in their excitement, many small business owners overlook the fact that, in the process, they are creating something new. And just as human children need our […]
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by Nina L. Kaufman, Esq. on November 4, 2020
My life has become an M. Night Shyamalan film. More specifically, Signs. If you’ve never seen it (and no worries about a spoiler alert, here), it involves a former priest, Graham (played by Mel Gibson), whose wife died in a horrific car accident. He has two children: a son, Morgan, who is asthmatic; and a […]
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When the relationship’s not working, it’s time to cut the ties. It’s 11 o’clock on a Friday night, and you’re furious. Once again, a major client has called at the last minute and needs you to finesse a campaign. A campaign that absolutely, positively has to launch on Monday. Come Monday, the campaign is done and […]
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Strategic alliances are much more than just a gesture of mutual goodwill – they have become a necessary tool, whether it’s to strengthen social responsibility credentials, pursue complex R&D projects, or simply grow in ways that one company can’t manage alone. Click on the link for a series of articles culled by BNET on the finer […]
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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
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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“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
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
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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