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.

Podcast: What’s Up ABQ

September 11, 2019 / by Sean Friend / Ask A Lawyer, Best of Burque, Business Law, Business Tips, Intellectual Property, New Mexico / 0 comments

We had a great opportunity to meet up with Local Pod casters, and siblings, Ryan Freeman and Lindsay Freeman-Dominguez. They have a local podcast called “What’s up ABQ” and they talk to local business owners about what they do, their contributions to the city, and why they love Albuquerque. Listen to it here Subscribe to […]

Pro Forma Financial Statements: The Next Best Thing to a Crystal Ball

September 3, 2019 / by Kameron Kramer / Business Law, Business Tips, Small Business / 0 comments

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 […]

Thinking about buying an existing business?

August 12, 2019 / by Lewis Terr / Business Tips, Small Business / 2 comments

If you are presented with the opportunity to buy an existing business, you may be attracted to the idea of walking into an income-producing business with a great location, a good reputation, and loyal customers. The price is something you can manage, and the owner says he is selling the business because he wants to […]

How to Form an LLC for your Food Truck

July 12, 2019 / by Sean Friend / Business Tips, Contracts, LLC, Small Business / 0 comments

Food? Check. Truck? Check. Now you’re ready to make your business official. One of the steps in this journey is starting an LLC for your mobile eatery, the good news is it’s not as difficult as you might think. Why have an LLC for my Food Truck? For Food Trucks, LLC’s provide a formal business […]

Understanding Contracts: Asset vs. Stock Purchase

May 15, 2019 / by Kameron Kramer / Business Law, Business Tips, Commercial Transactions / 0 comments

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 […]

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 […]

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 / 4 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 […]

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