January 15, 2020 / by Ian Alden / Document and Contracts / 0 comments
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 […]
Read more
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.
Read more
Operating Agreements and Taxes: What You Need to Know
January 15, 2020 / by Ian Alden / Document and Contracts / 0 comments
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 […]
Read more
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 […]
Read more
Free Operating Agreement Template – Bad Idea!
January 8, 2020 / by Larry Donahue / Document and Contracts / 0 comments
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
Regular LLC versus Anonymous LLC
October 6, 2016 / by Larry Donahue / Business Formation / 48 comments
What is a LLC? What is an Anonymous LLC? What is the difference between an Anonymous LLC vs a Regular LLC? Where can you get an Anonymous LLC?
Read more