Business Succession Planning: Why You Need It

Business Succession Planning Business succession planning is important for business owners as you and your business mature. It can mean doing nothing – disasterous – working with your family and estate lawyer to transfer ownership to a family member on your death; or coming to […]

Who Makes Corporate Decisions?

This week’s Insight discusses the control of a business – who makes the corporate decisions.  The answer is dependent on the business form (sole proprietorship, partnership, Corporation, LLC) and how it was set up in the first place.  The worst decision-making setup (and the best […]

The Laws of Growing Your Business Seminar

Ready to start and grow your business on the right track? Ready to learn about growing your business? Start your business out right by creating a clear framework for operating the business, growing it, working with investors, and selling it.  In this business seminar we’ll […]

Don’t Learn About An Inventions Assignment the Hard Way

The jargon of the trade calls them “inventions assignment” or even more technically “employee proprietary information and inventions agreements”.  In layman’s terms, it means if you “invent” something using your employer’s tools or facilities, information provided to you, contacts, proprietary information, or related to its […]

Share Terminology in the Corporate Structure

I might do a few of these posts about share terminology in the corporate structure. Today I’m talking about authorized, issued, and outstanding shares. There’s three states a share can be in within the corporate structure: authorized (sometimes called “available”), “issued”, and “outstanding”. First Up […]