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November 2019: Ask A Lawyer: Ian Alden

In our eighteenth installment of “Ask a Lawyer” we featured questions from Ian Alden. [Albuquerque Journal: ‘Ask a Lawyer’ Talks to Ian Alden] Read it here Question 1 QUESTION: I read your last article about Anonymous LLCs and have what I hope is a real simple question. I run a small online business, selling homemade […]

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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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Ways to Buy an Existing Business

In our previous piece (The Art of Buying and Selling a Business), we discussed some of the important issues you should consider when you want to sell or buy an existing business to maximize your value and minimize your risk. In this article, we consider the two most common ways one goes about buying a […]

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Real Estate Investment Companies

I’m often surprised by how many entrepreneurs are out there, and how many of those entrepreneurs use real estate as their primary form of investment. They come in several flavors. Construction, flipping, brokerage, renting and property management are very common, as well as some combination of the above. Many professionals, including doctors, lawyers, CPA’s, business […]

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How to Form a New Mexico LLC

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 which state you choose to file, some of these steps may not be necessary or more steps may be required. Make sure to check with […]

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General Considerations When Choosing a Business Structure

After you have made the exciting, daunting and life-changing decision to go into business for yourself, probably the most critical and complex decision impacting the potential success of your business immediately presents itself: What form or type of business entity should you create? Many people are not really sure of what their options are in […]

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Top 10 Goals before the 2012 New Year

In a few short months, (almost) everyone on Planet Earth will share something in common: Everyone will say good bye to 2011 and ring in the 2012 New Year. For many people, that means a party, hangover and (new) unfulfilled New Year’s resolutions. This is seldom something most people need to plan and prepare for. […]

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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, however, you’re considering signing up as a partner into a pre-existing company, such as a partnership, limited liability corporation (or LLC), or S-Corporation? Is there […]

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