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  • SERVICES
    • BUSINESS LAW
    • BUSINESS LITIGATION
    • EMPLOYMENT LAW
    • BUSINESS SUCCESSION
    • CONSTRUCTION
    • PROFESSIONAL LICENSE
    • STARTUP & TECH
    • NONPROFIT
    • DISSOLUTION and BUSINESS SHUT-DOWN
  • MY STORY
  • CONNECT
  • BLOG
  • PUBLICATIONS
Palermo Business Law Firm
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Tag: operating agreement

Partners or Investors: Choose Wisely When Bringing in New People

In episode two I discuss how to work with partners and passive investors, what legal agreements your business should have in place. Have a listen

May 18, 2019November 18, 2022

How to get profits out of your business

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 […]

November 7, 2018November 14, 2022

Business Succession Planning: Why?

Does your business have a plan to continue operating if a key owner unexpectedly leaves? Don’t leave succession to chance. It’s not just for majority owners, but minority owners are served by having a plan in place.

October 16, 2018November 22, 2022

Interim Succession Planning for business continuation

What is your business’s interim succession plan when a key owner or manager leaves unexpectedly? Here’s some information to get you started.

October 8, 2018November 14, 2022

Selling A Business Part 1: Selling Shares

Selling a business is a complicated business transaction, but depending on the nature of the business and the assets being transferred, there’s ways to make it go easier. It’s important that well before the actual sale date the business books and records are in order, […]

October 1, 2018November 21, 2022

Commercial Lease basic elements – there is no “standard” lease

In 25 years working with businesses of all sorts, I’ve never seen a “form” or “standard” or “basic” commercial lease. Don’t let anyone tell you otherwise, especially the landlord trying to convince you to sign a lease without reading it or negotiating key terms. Every […]

July 26, 2018November 14, 2022

Board of Directors for Your Corporation: Statutory Authority

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.

July 6, 2018November 21, 2022

Friends and Family Loans Or Business Partners: Get It In Writing

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 […]

June 28, 2018November 22, 2022

LLC Decision Making: Splitting Decision Making from Sharing in Profits

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 […]

February 9, 2018November 21, 2022

LLC Member Rights v. Manager Duties: Who Runs Your Limited Liability Company?

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 […]

January 15, 2018November 14, 2022

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