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Thinking about buying an existing business?

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 […]

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Part 2: The Most Common Lawsuits Filed Against Small Business Owners- #5- Breach of Contract

Breach of contract means just that; a contract has been “breached” or broken.  There are varying degrees of breach ranging anywhere from no performance at all to some/minimal performance. Lets break the concepts down to their most basic elements and examine them further. There are two common forms of breach; anticipatory breach and actual breach.  […]

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The 5 Most Common Lawsuits Filed Against Small Business Owners.

Is your business doing all it can to avoid these types of lawsuits? I recently did some research into the most common lawsuits that are filed against small business owners.  What I see coming across my desk here at the L4SB office matches what is happening across the country.  Article after article, case after case […]

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Welcome to the team, Joseph Turner!

We are pleased to announce the newest member of the Slingshot Team, Joseph Turner!   Joe is a graduate of the University of New Mexico School of Law and was admitted into the New Mexico Bar in 2015.  Read more about Joe in Albuquerque Business First’s People on the Move. Practice Areas Joe’s practice areas are Breach of Contract, Business […]

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Beware of Nominee Services

Why the Small Business Owner Should Think Twice About Handing Their Company Over to Online Strangers. Nominee Services are common in the legal and financial fields.  Basically, they allow companies to elect another party to do tasks for them.  Generally, this allows the company to remain anonymous in such transactions. They are quite common place […]

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Banking and the Small Business Owner

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 […]

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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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