Jan 13, 2020
What is a Bad Operating Agreement?
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...
operating agreement
Jan 8, 2020
Free Operating Agreement Template – Bad Idea!
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...
Jan 6, 2020
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...
Mar 4, 2019
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...
Sep 1, 2015
Who Inherits Your Business? Think About Succession Planning …
Death and Taxes Let’s face it. Nobody likes talking about their own mortality. Its not a happy subject, nor is it easily brought up. However as a small business owner,...
Jun 30, 2015
Does Your LLC Have a Proper Operating Agreement?
‘Shotgun’ Weddings and LLC’s You (hopefully) would not get married to someone without getting to know them first and having a plan for the marriage. The same goes for forming...
Apr 18, 2014
How to Form an LLC in New Mexico
Listed below is a step-by-step checklist for how to form a New Mexico limited liability company (LLC). These steps will be very similar from state to state. However, depending on...
Jul 19, 2011
Tips for successfully joining a partnership
In a previous blog post, I talked about how Not Incorporating is Risky Business, which was directed at the sole proprietor and why they should consider incorporating their business. Suppose,...
