Larry Donahue is an attorney and founder of Law 4 Small Business, P.C. He is licensed to practice law in Illinois, New Mexico and the US Patent and Trademark Office.
If you’ve just formed a company (or ordered a formation from us), congrats! You’ve just taken the first step of a very important, miles-long journey, that is establishing a business. If you haven’t formed a company yet, and still doing research, then you are to be commended because it’s important to know and understand all […]
By all accounts, Tiger Woods was having a great year. He won the Masters in one of the greatest comebacks the sporting world has ever witnessed. He was awarded the Presidential Medal of Freedom, the nation’s highest civilian honor, and after well documented accounts of a turbulent personal life, he finally seems genuinely content in […]
The short answer is “no, not really.” The longer answer is that you should consult with your CPA, to understand how certain types of income may need to be reported (i.e. do you file state income taxes while abroad or not, and if not, could pass-through income with a company trigger the requirement?). If you […]
One of our favorite clients, a small business owner, has a fantastic Beauty Salon not far from our office where many of us get our hair cut. As with many of our clients we have seen her business go from start up to prosperous. With success comes many new headaches, however. During our last appointment […]
You know the person. The one jogging around the office like they have been separated from their class at an elementary school fire drill. They are always shuffling around looking very stressed and overwhelmed. All the while they have that face on them that seems to be saying, “look how hard I work, everybody! I […]
One of the benefits of information being so readily available online these days it that it takes some of the mystery out of hiring employees. Everyone puts their best face forward in an interview but how is a Business Owner or Manager to really know who it is they are hiring? Conveniently, the advent of […]
The recent college admissions scandal has been abundant in the media in recent weeks. The story continued to grow yesterday when the US Patent and Trademark Office officially rejected Olivia Jade Beauty’s trademark application due to punctuation or more specifically, the lack thereof. The trademark officer, after reviewing the application, felt that the details for […]
Why the Small Business Owner Should Think Twice About Handing Their Company Over to Online Strangers. Nominee Services are common in the legal and financial fields. Basically, they allow companies to elect another party to do tasks for them. Generally, this allows the company to remain anonymous in such transactions. They are quite common place […]
I find myself writing about my clients and their Business Partnerships that went bad with the same sentiment and phrases that I would probably tell the story of my failed marriage with. They all start out the same. On paper, they seemed so right. Similar background, seemingly shared goals and vison for the future. Seemingly […]
The Corporate Veil: Don’t pierce it! “Piercing the Corporate Veil” refers to the situation when a court puts aside the protections that are normally associated with an incorporation. The very reason you went to the trouble and expense to incorporate in the first place will be rendered void if you do not routinely exercise a […]
What Else Is There, After I Form a Company?
June 3, 2019 / by Larry Donahue / / 0 comments
If you’ve just formed a company (or ordered a formation from us), congrats! You’ve just taken the first step of a very important, miles-long journey, that is establishing a business. If you haven’t formed a company yet, and still doing research, then you are to be commended because it’s important to know and understand all […]
Read more
When your employee has a Drinking Problem: The HR Perspective on Tiger Wood’s Dilemma
May 22, 2019 / by Larry Donahue / Employee Management, Toxic Employee Consultation / 0 comments
By all accounts, Tiger Woods was having a great year. He won the Masters in one of the greatest comebacks the sporting world has ever witnessed. He was awarded the Presidential Medal of Freedom, the nation’s highest civilian honor, and after well documented accounts of a turbulent personal life, he finally seems genuinely content in […]
Read more
I’m a US citizen now living as an expat in a foreign country. Is there anything preventing me from opening up a US-based company to provide services in the US?
May 4, 2019 / by Larry Donahue / / 0 comments
The short answer is “no, not really.” The longer answer is that you should consult with your CPA, to understand how certain types of income may need to be reported (i.e. do you file state income taxes while abroad or not, and if not, could pass-through income with a company trigger the requirement?). If you […]
Read more
Employee Agreements and Contracts Are For All Small Businesses
April 15, 2019 / by Larry Donahue / Employee Management, Employment Law, Human Resources / 0 comments
One of our favorite clients, a small business owner, has a fantastic Beauty Salon not far from our office where many of us get our hair cut. As with many of our clients we have seen her business go from start up to prosperous. With success comes many new headaches, however. During our last appointment […]
Read more
But I’m sooooooo busy… Characteristics of the Ineffective Leader
April 10, 2019 / by Larry Donahue / Human Resources, Small Business / 0 comments
You know the person. The one jogging around the office like they have been separated from their class at an elementary school fire drill. They are always shuffling around looking very stressed and overwhelmed. All the while they have that face on them that seems to be saying, “look how hard I work, everybody! I […]
Read more
A Guide for Safe Hiring
April 4, 2019 / by Larry Donahue / Business Tips, Employee Management / 0 comments
One of the benefits of information being so readily available online these days it that it takes some of the mystery out of hiring employees. Everyone puts their best face forward in an interview but how is a Business Owner or Manager to really know who it is they are hiring? Conveniently, the advent of […]
Read more
Punctuation Matters at the US Patent and Trademark Office, Olivia Jade…..
March 29, 2019 / by Larry Donahue / Intellectual Property, Trademarks / 0 comments
The recent college admissions scandal has been abundant in the media in recent weeks. The story continued to grow yesterday when the US Patent and Trademark Office officially rejected Olivia Jade Beauty’s trademark application due to punctuation or more specifically, the lack thereof. The trademark officer, after reviewing the application, felt that the details for […]
Read more
Beware of Nominee Services
March 13, 2019 / by Larry Donahue / Anonymous LLC, LLC, Small Business / 0 comments
Why the Small Business Owner Should Think Twice About Handing Their Company Over to Online Strangers. Nominee Services are common in the legal and financial fields. Basically, they allow companies to elect another party to do tasks for them. Generally, this allows the company to remain anonymous in such transactions. They are quite common place […]
Read more
When Partnerships Go Bad
March 7, 2019 / by Larry Donahue / Business Law, Partnership, Resolving Disputes / 0 comments
I find myself writing about my clients and their Business Partnerships that went bad with the same sentiment and phrases that I would probably tell the story of my failed marriage with. They all start out the same. On paper, they seemed so right. Similar background, seemingly shared goals and vison for the future. Seemingly […]
Read more
Banking and the Small Business Owner
March 4, 2019 / by Larry Donahue / Business Tips, Small Business, Taxes / 0 comments
The Corporate Veil: Don’t pierce it! “Piercing the Corporate Veil” refers to the situation when a court puts aside the protections that are normally associated with an incorporation. The very reason you went to the trouble and expense to incorporate in the first place will be rendered void if you do not routinely exercise a […]
Read more