Holding Company for Asset Protection: Cost

Last week I wrote about business asset protection through the use of a holding company (here:  LINK).  In addition to the purely legal aspects of asset protection, a business owner should consider the cost/benefit to using this structure before implementing such a strategy.  It might […]

Time To Call A Business Lawyer (pt.1)?

Do I need a business lawyer? Not every business transaction needs a business lawyer.  You know that.  When one business sells materials to another pursuant to a purchase order, that’s a legally binding transaction, but the parties can’t possibly need or want a lawyer every […]

Corporate Decisions: Who Makes What Decision?

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 […]