Business Tips Archives | Law 4 Small Business, P.C. (L4SB)

The L4SB Business Tips Series, as well as general business tips for L4SB clients and small business in general.

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 […]

Ask A Lawyer with David Richter

February 25, 2019 / by Sean Friend / Ask A Lawyer, Business Tips, New Mexico / 2 comments

In our second segment of “Ask a Lawyer” we featured questions from David Richter. David graduated from the University of California at Davis School of Law (J.D., 2005) where he served as student coordinator for the King Hall Immigration Clinic and assisted in the creation of an advocacy unit for non-citizen criminal defendants. After graduating, […]

Available Now! The Business Entity Decision Maker

January 15, 2019 / by Kristy Donahue / Business Law, Business Tips, Corporations, LLC, Other Corporate Entities, Small Business / 0 comments

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 […]

A S-Corporation May Help You Save a Lot in Taxes

December 6, 2018 / by Ian Alden / Business Tips, Corporations, Small Business, Taxes / 2 comments

If you’re familiar with the different types of businesses out there, you’ve probably heard something about S Corporations or “S-Corps”. Maybe a friend or colleague told you about some of their benefits, and maybe you’re even thinking about making one. Before you do, it’s important to understand why an S-Corp can be so beneficial to its […]

Art of the Lien: Types of Liens and How to Avoid Them (Part 1)

October 31, 2018 / by Larry Donahue / Business Tips, Contracts / 0 comments

Almost all types of businesses deal with liens, one way or the other. If you borrow money or have a line-of-credit with a vendor, chances are there is a lien on some form of property or asset of your business. Similarly, if your business is in construction, real estate improvement of any type, loans money […]

When We Work Together – We All Succeed

September 27, 2018 / by Sean Friend / Business Tips, Marketing, Small Business / 0 comments

Too often businesses fail when they have a fixed mindset. They lack the ability to change and adapt, and often its due to the lack of partnership with other businesses to collectively learn from their mistakes and successes. According to Forbes, “Business owners and businesses have to be flexible, evolving and adapting with what is […]

Planning for the Unthinkable

September 14, 2018 / by Larry Donahue / Business Law, Business Tips, Certificates, Contracts, Corporations, Resolving Disputes / 2 comments

The unthinkable has happened. On the way home after work, a business owner was involved in a tragic accident and did not survive. The next day over at the workplace, business has come to a standstill. No one knows how to access the files that reflect the status of work in progress. No one has […]

L4SB, BLSW, and Slingshot Law have moved to downtown Albuquerque!

September 13, 2018 / by Larry Donahue / Business Tips, LLC, Locations, Marketing, New Mexico / 0 comments

We’re proud to announce our new corporate offices in Albuquerque, New Mexico. This marks an important milestone for our law firms. In fact, 2017 year was a big year for Business Law Southwest and L4SB. L4SB was named “One of the Fastest Growing Companies for 2017” in New Mexico while the merger between the two […]

The Report Card for Businesses- What is a Certificate of Good Standing and How Do I Get Mine?

September 11, 2018 / by Larry Donahue / Business Tips, Certificates, Commercial Transactions, Contracts, Florida, Illinois, New Mexico, Texas / 0 comments

No matter how old we get or how many businesses we own, we are never free of the dreaded “Report Cards” of life. As adult individuals we must concern ourselves with the data listed on our personal credit reports. As business owners and leaders, we must be aware of “Certificate of Good Standing”. For many […]

Spotlight on Buying or Selling a Business

August 30, 2018 / by administrator / Business Tips, Strategic Planning / 0 comments

Buying or selling a business can be a major aspect of your experience as a small business owner. Whether you’re looking to expand by buying a new business, or selling all or part of your existing enterprise, a proper understanding of the process can make the transaction smoother. Law 4 Small Business is here to […]

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