Money! Okay got your attention. The topic is how do you get money – profits – out of your business. It’s not as simple as sticking your hand in the register, or writing yourself a check, especially when there are multiple owners involved. There’s a […]
Your corporation is required by statute to have a board of directors. But why, and what do they do? Find out in this quick video.
Friends and family loans can be great resources to help your business start and grow. But there are the obvious pitfalls of dealing with family when it comes to money and your business. The main thing I advise my clients on when taking money for […]
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 terms in advance […]
LLC decision making: LLCs are unique in that “ownership” has two different meanings. First, it means the right to make decisions about how the business is operated. That’s called “Membership” and “Management”. Second is a right to receive profits from the LLC, that’s called an […]
In any business there are competing interests among owners and those who control the business. LLCs are no exception. In this video I briefly discuss who has the right to make decisions within a multi-owner LLC For this and all your businesses legal needs, call […]
LLC Operating Agreements: What Critical Elements Should Be In Them? This video discusses how Operating Agreements are structured and what elements at a minimum should be in them. For this and all your businesses legal needs, call me in Asheville, Hendersonville, Fletcher, Waynesville, and all […]
Contract Basics: What Should Be In Every Vendor Contract? Some critical elements such as price, quantity, quality, delivery terms, warranty terms. How to get paid, of course, and where the contract is to be performed. For this and all your businesses legal needs, call me […]