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Renegotiating Accounts Payable During COVID-19

Larry Donahue discusses the possibilities on KRQE’s NM Living. Larry Donahue, Partner at Law 4 Small Business chatted with the team at New Mexico Living this week to discuss ways small businesses can renegotiate accounts payable as a means to help manage cash flow during these difficult times. Would you like help renegotiating your business’s […]

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How to Get Disaster Relief Funds For Your Small Business 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 and The COVID-19 Economic Injury Disaster Loan.  They are two different loan programs and you apply for each one differently…. and yes, your businesses can […]

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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 to meet their contractual obligations to their vendors, landlords and banks, let alone make payroll. With financial disaster looming for so many businesses, do standard […]

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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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Beware of Real Estate Contracts

Although more common on the residential side, business owners sometimes sign real estate contracts instead of mortgages as a way to get into the property fast. Real estate contracts may seem ideal for individuals or businesses who aren’t able to purchase property outright. However, before buying through a contract, there are some serious pitfalls to […]

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The Rise of the Gig Economy

Uber and Lyft have changed the face of traditional transportation systems, making it easier for people to hop a ride almost anywhere and, in some cases, live without owning a car. The growth of Lyft and Uber has coincided with the rise of the gig economy, which focuses on hiring independent contractors and freelancers instead […]

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Co-working Agreements

These days, flexibility is the name of the game when it comes to working in a wide range of industries. Inspired by companies like Impact Hub and WeWork, entrepreneurs and building owners (or even tenants) with extra space are looking to cash in on the co-working space movement. While entering the shared space industry involves […]

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Terms & Conditions for your Website

These days, creating a website is easier than ever with website building platforms like WordPress and Wix. For business owners, a professional, enticing, and functional website is crucial for attracting and retaining clientele. But apart from the creative content that draws in customers (think: product descriptions, company bio, and images), websites should also include terms […]

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The Liquidated Damages Clause

When, as a first-year law student, I learned about liquidated damages clauses in my contracts class, I thought they sounded like a magical tool that would prevent anyone from ever getting stiffed in a deal. And to a certain degree, liquidated damages clauses do provide a measure of security. They certainly can be a useful […]

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