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Anything related to corporate structures, other than LLC’s, Corporations or Partnerships (i.e. non-profits, limited liability partnerships (or LLP’s), etc).

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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How to Create a Non-Profit Entity

We get a lot of calls from people with great ideas for charitable undertakings but often with little understanding of how to put those ideas into action. For many people, funds are limited and they want to use what money they have for the advancement of their causes, not to pay fees to attorneys (who […]

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Legal Structure and Your Business

Legal Structure and Your Business Oh great. Another thing to think about. In this blog entry for our “So You Want to Start a Business” series, we tackle the different types of business entity. What form or type of business entity should you create? Most people do not know their options in this regard, let […]

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The Trouble with NM CRS Identification Numbers

New Mexico CRS Identification Numbers If you’ve just setting up your new business or you already have one, chances are you’ve somewhat familiar with the New Mexico CRS (Combined Reporting System). The State of New Mexico requires that each business entity be registered with a NM CRS Identification Number for taxation purposes. Its quite easy […]

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What is “Piercing the Corporate Veil” ?

LIABILITY Liability can be quite confusing to a small business. Do you know what you are personally liable for? What are the exceptions to liability? What is “piercing the corporate veil”? How can you protect yourself? Don’t get caught in the rain! Generally, the owners, directors and employees of companies (i.e. corporations and limited liabilities […]

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Considerations when Buying a Partnership Interest

Although we have covered in some detail the necessary steps and issues encountered when creating a new business, we have not discussed what you need to consider when buying “into” a business, i.e. buying a partial interest in an existing business entity. Specifically, we have several inquiries posted to our Law 4 Small Business website asking […]

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Sole Proprietorships

In our previous blog article about choosing a business entity, the first and simplest form of business on the “menu” was the “sole proprietorship.” Notice that we referred to this as a business “form” rather than an “entity.” That’s because the business is not an entity – it is YOU. As pointed out in the prior article, […]

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General Considerations When Choosing a Business Structure

After you have made the exciting, daunting and life-changing decision to go into business for yourself, probably the most critical and complex decision impacting the potential success of your business immediately presents itself: What form or type of business entity should you create? Many people are not really sure of what their options are in […]

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