Who Should Form My LLC ?

April 11, 2022 / by Kameron Kramer / Business Formation / 0 comments

I have seen lots of clients have non-attorneys form an LLC (or corporation) for them. CPAs, accountants, and on-line companies that are not law firms oftentimes offer business formations. Or the client just does it themselves. This can be enticing as you think it is more expensive to have an attorney do it, and you’ve […]

LLCs: Exploring The Pros and Cons

September 1, 2021 / by Kristy Donahue / Business Formation / 0 comments

Attorney Ian Alden leads this workshop that is a “MUST” for anyone who is not sure if an LLC is a good fit for their business. Law 4 Small Business, P.C. (L4SB). A little law now can save a lot later. A Slingshot company.

Operating Agreements and Taxes: What You Need to Know

January 15, 2020 / by Ian Alden / Document and Contracts / 0 comments

Operating Agreements and Taxes Hero Image

As you may have gathered from some of our previous articles (for example, read “Does your LLC have a proper Operating Agreement?” and “Important clauses for LLC Operating Agreements“), the Operating Agreement is the foundation of any limited liability company. If yours is missing a lot of key terms and conditions, or, even worse, if […]

What is a Bad Operating Agreement?

January 13, 2020 / by Larry Donahue / Document and Contracts / 0 comments

I bet you could guess that most of our revenue as a law firm, comes from expensive litigation. But, did you know that most of that expensive litigation is due to partnership disputes involving a bad Operating Agreement? What is a Bad Operating Agreement? An inadequate Operating Agreement is either a free template you found […]

Free Operating Agreement Template – Bad Idea!

January 8, 2020 / by Larry Donahue / Document and Contracts / 0 comments

A free operating agreement typically cause problems for your business

A Free Operating Agreement Template doesn’t make anyone money, so you have to wonder why companies make them available? As a law firm, it probably wouldn’t surprise you to hear that we make most of our money in legal fights — when our clients are in a knock-down, dragged-out fight in litigation. Some of our […]

Selecting the Right State to Form Your LLC

January 6, 2020 / by Larry Donahue / Business Formation / 0 comments

This is one of those questions where if I was paid a quarter for every time I was asked this question, I would be a rich man indeed. There are many things to consider when choosing the right state to form your LLC in. What is the Right State to Form Your LLC? There is […]

How to Form a Food Truck LLC

July 12, 2019 / by Sean Friend / Business Formation / 0 comments

Food? Check. Truck? Check. Now you’re ready to make your business official. One of the steps in this journey is starting a food truck 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 […]

What is a Business Succession Plan?

September 14, 2018 / by Larry Donahue / Document and Contracts / 2 comments

The unthinkable has happened. On the way home after work, a business owner was involved in a tragic accident and did not survive. The next day over at the workplace, business has come to a standstill. No one knows how to access the files that reflect the status of work in progress. No one has […]

L4SB, BLSW, and Slingshot Law have moved to downtown Albuquerque!

September 13, 2018 / by Larry Donahue / Promotions / 0 comments

We’re proud to announce our new corporate offices in Albuquerque, New Mexico. This marks an important milestone for our law firms. In fact, 2017 year was a big year for Business Law Southwest and L4SB. L4SB was named “One of the Fastest Growing Companies for 2017” in New Mexico while the merger between the two […]

What is a Certificate of Good Standing?

September 11, 2018 / by Larry Donahue / Document and Contracts / 0 comments

No matter how old we get or how many businesses we own, we are never free of the dreaded “Report Cards” of life. As adult individuals we must concern ourselves with the data listed on our personal credit reports. As business owners and leaders, we must be aware of “Certificate of Good Standing”. For many […]

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