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Understanding the “Families First Coronavirus Response Act”

Families First Coronavirus Response Act

L4SB is committed to being your business’s Trusted Advisor through the COVID-19 crisis. In just a couple of weeks the world as we’ve known it has drastically changed, including in the workplace. Many businesses have shuttered their doors until further notice or have shifted to telework for some, if not all, of their workforce. These […]

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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.   It’s a well-known fact that half of all marriages end in divorce, yet it is staggering as to how little by way of planning goes […]

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Therapists’ Duty to Warn

In therapy, a strong therapeutic alliance between the therapist and client is central for clients to feel comfortable opening up about all kinds of personal challenges. In fact, the therapeutic alliance is often identified as the most important factor determining client success in therapy. The therapists’ protection of client confidentially—basically what is said in the […]

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Pro Forma Financial Statements

For business owners, making decisions about business operations and the company’s trajectory can be exciting, but it also comes with uncertainty. For example, say your company wants to expand and is considering purchasing land for a new manufacturing facility. Or your company is considering refinancing debt in response to low interest rates. Whatever the business […]

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Understanding Contracts: Asset vs. Stock Purchase

So, you’re looking at purchasing someone’s business or selling your business, but what exactly does that mean?  You have two primary options: an asset purchase or a stock purchase.  It’s very important you understand the differences in order to know which one is best in your situation. What’s the difference? Asset Purchase With an asset […]

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Capital Loss and Leaving a Partnership

Everyone who’s ever started a business will tell you that any new business venture involves risks. Sometimes it’s the risk of a capital loss of everything you have invested, or sometimes it’s the risk of spending countless hours trying to build something that just won’t stand on its own. Sometimes it’s the risk that your […]

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What do I do if someone has copied my website?

Your company’s website is one of the most important pieces of your Business Plan. With more and more news of “The Retail Apocalypse” hitting brick and mortar stores like Sears, J.C. Penney, and Victoria’s Secret; it’s important to ensure your website is bringing you the business you need while simultaneously standing out from the competition. […]

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Bad Business Partners

I find myself writing about my clients and their bad business partners 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 similar intellect.  […]

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Available Now! The Business Entity Decision Maker

LLCs, Anonymous LLCs, C Corps, S Corp, Sole Proprietor….  Could you use a little guidance? What IS the best structure for my business? There are many choices when it comes to how to setup your business.  As you might expect, every choice comes with certain rules and ramifications that will not only determine how your […]

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