Mar 31, 2020
How to Get Disaster Relief Small Business Loans From The SBA
There are 2 PROGRAMS that make up the CARES Act. Make sure you know the difference. The two programs that make up the CARES Act are The Paycheck Protection Program...
Author: Larry Donahue
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.
Mar 20, 2020
Using a Force Majeure Clause to Re-Negotiate with Vendors and Landlords in Light of the COVID-19 Pandemic?
In today’s COVID-19 environment, businesses are being told to close their doors and send employees homes. As such, many business owners are struggling to earn enough revenue to be able...
Mar 10, 2020
Divorce Among Partners: How Not To End Up In Business With An “Ex”
What happens when one of your business partners gets divorced? Unless your Operating Agreement states otherwise, chances are you are now in business with your Partner and their ex -spouse....
Feb 5, 2020
Answering Demand Letters Regarding Your Website
As an attorney who deals with hi-tech cases, a few clients have expressed to me a situation that I feel any business owner who has a website should learn from. ...
Jan 13, 2020
What is a Bad Operating Agreement?
I bet you could guess that most of our revenue as a law firm, comes from expensive litigation. But, did you know that most of that expensive litigation is due...
Jan 8, 2020
Free Operating Agreement Template – Bad Idea!
A Free Operating Agreement Template doesn’t make anyone money, so you have to wonder why companies make them available? As a law firm, it probably wouldn’t surprise you to hear...
Jan 6, 2020
Selecting the Right State to Form Your LLC
This is one of those questions where if I was paid a quarter for every time I was asked this question, I would be a rich man indeed. There are...
Jan 6, 2020
Important Clauses for LLC Operating Agreements
The Operating Agreement acts like a “partnership agreement” between the owners of a LLC. Important clauses for LLC Operating Agreements are critical, and a well-written and customized Operating Agreement for...
Dec 31, 2019
Tax Status for Companies
When clients ask me what type of tax status they should elect for their company, I usually respond with, “Please ask that question to your CPA or Accountant.” After all,...
Dec 2, 2019
Expungement of a Criminal Record
Criminal Record Expungement is Effective January 1, 2020 A comprehensive new expungement law in New Mexico authorizes courts to limit public access to non-conviction records one year after disposition if...
Nov 15, 2019
How To: Personal Asset Protection
Personal asset protection is an important idea, especially when you own, manage or lead a business in today’s litigious society. Unfortunately, no one thing can protect you or your business...
Nov 6, 2019
Anonymous LLC versus the Corporate Transparency Act of 2019 (H.R. 2513)
Anonymous LLC’s are Still Useful Under H.R. 2513, the Corporate Transparency Act of 2019 First, the good news: the Corporate Transparency Act of 2019 (HR 2513) does not eliminate the...