Small Business Law Articles & Blog Posts
Select a post below or search for what you’re looking for!
Don’t Get Screwed – Managing Website Vendors
THE SALES PITCH Have you ever built a website before? Most small businesses lack the technical ‘know-how’ or time to establish a strong online presence. As such, small businesses outsource...
The Trouble with NM CRS Identification Numbers
(The information in this post is now outdated. As of 2021, your CRS number is now a BTIN. Please refer to this new post instead.) New Mexico CRS Identification Numbers...
Did You Know the NM GRT Rate Has Changed as of July 1, 2015?
Know Your Gross (Receipts Tax)! Do you know what your Gross Receipts Tax (GRT) is? As a business owner, this little morsel of information is pretty important — especially because...
Military Discount on Business Law
Discounted Legal Services for US Military and Veterans Veteran owned businesses “employ almost 6 million Americans and generate more than $1 trillion in receipts.” Did you know that according to...
Does Your LLC Have a Proper Operating Agreement?
‘Shotgun’ Weddings and LLC’s You (hopefully) would not get married to someone without getting to know them first and having a plan for the marriage. The same goes for forming...
Do You Know Your Own Company Name??!?
Does Your Company Even Exist? As a business owner, you’ve done your homework. You have put your blood, sweat and tears into crafting your dream. You’ve registered with (seemingly) every...
How to Avoid a Lawsuit
GETTING SUED What’s your biggest fear as a business owner? Bankruptcy? Bad reviews? Lack of control? If you answered ‘lawsuits‘, you are not alone. In fact there’s even a word...
Why You Should Be Comparing Your Employees to Furniture
HIRING There are countless books, movies and tips on how to hire the ‘right’ employee. Let’s cut to the chase– there is no such thing as the ‘perfect fit’. However...
How to Dissolve a LLC Properly
Last week, I wrote a blog article entitled How to Properly Dissolve a For-Profit Corporation (in New Mexico), which detailed how to dissolve an S-Corp or C-Corp, which is different...
Business Acquisition Checklist
BUYING A BUSINESS Thinking of buying a business or part of a business? If so, then congratulations! Simply by reading this article, you are exhibiting the prudence and wisdom that...
UCC Search & Lien Search in Business Acquisition
Previously, we have discussed the high-level issues of either acquiring or selling a business, in a blog article entitled, The Art of Buying and Selling a Business. In this article,...
What is “Piercing the Corporate Veil” ?
LIABILITY Liability can be quite confusing to a small business. Do you know what you are personally liable for? What are the exceptions to liability? What is “piercing the corporate...