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Partnerships in particular, or other corporate entities where a partnership might thrive (LLC’s, Corporations, etc).

How Do You Remove a Member, Shareholder, Director, or Officer from Your Company?

A common question from many of our clients, or potential clients, is, “How do I remove someone from my company?”  Such a common question does not necessarily have an easy answer, to their dismay.  The are two possible scenarios – a company with governing documents that detail how the removal is done and a company […]

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Investor, Partner or Vendor? How to Contribute to a Company and Benefit By It.

Whether you are an engineer, scientist, artist, developer, financial whiz or just someone with a useful asset, odds are you’ve been asked to join, help or participate in a startup company. If so, and you’re wondering what options are available to participate, this blog article is for you. First, Evaluate Your Personal Preferences Before I […]

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Law 4 All Summer Sales Event Is Happening Now!

20% off online products and services this 4th of July weekend. Enter Coupon Code: LAW4ALL20 at checkout. Now is your chance to save on the services and products you need for your business! Human Resource Services, Business Formations, Contract Review, Attorney Consultations, Trademarks, Copyrights and much, much more! Some exclusions apply. Check out our terms […]

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What Is an Annual Report and Why Is It Important?

Some states call it an Annual Report.  Other states refer to it as an Annual Registration or Statement of Information. At the end of the day, they are all essentially the same thing. An Annual Report, or whatever your state wants to call it, is information that business entities (Limited Liability Companies, Corporations, Non-Profits, and Partnerships) […]

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Don’t be a General Partner! (Not Even by Accident)

A partnership is the most basic and perhaps the oldest type of business formation, and quite simply the easiest to enter into.  In fact, it is so easy to enter into, you may enter into without even knowing it.  Anyone you share profits with could legally be your partner, and your partner is legally obligated […]

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Important Clauses for LLC Operating Agreements

The Operating Agreement acts like a “partnership agreement” between the owners of a LLC. Important clauses for LLC Operating Agreements are critical, and a well-written and customized Operating Agreement for your business is essential to preventing very expensive problems from rearing their ugly heads years later. The problem for many business owners, is they formed […]

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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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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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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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