A key challenge facing many entrepreneurs and small business owners – sooner or later – has nothing to do with running the shop. It’s handing the business off to the next generation. But structuring a transition that will ensure the survival of the company (and the family!) doesn’t happen on its own. For your reference,… Read more »
On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups (JOBS) Act, which will help small businesses and emerging growth companies raise capital and go public: “The provisions of the JOBS Act represent a watershed change to the laws and regulations governing capital raising for private companies. Some of the provisions –… Read more »
Choosing the right business structure can be a daunting decision for an entrepreneur. To help sort through the options, here’s a quick overview of the most common forms of small businesses: Sole Proprietorship “With a sole proprietorship (also known as a ‘sole prop’), you are the business. You can operate under your own name or… Read more »
If you’re an entrepreneur or small business owner, chances are you’re following the progress of draft crowdfunding legislation currently pending before Congress. The lawyers at Davis Wright Tremaine are too. So far, they’re not particularly impressed: “I think crowdfunding is a great idea in concept, but I am afraid that crowdfunding enthusiasts are going to… Read more »
From Lane Powell’s Annie Lee, this update contains ten practical suggestions for maintaining the health of your business. It’s like a dose of preventive medicine for your company: “6. Adopt financial controls. Work with your accountant to develop appropriate templates for your general ledger and financial statements. Make sure your bookkeeper, controller or chief financial… Read more »
One of the first decisions an entrepreneur has to make is how to structure the business she wants to form, and the LLC is often proposed as a simple, low-cost, and flexible solution. But is it right for your business? To help understand how the LLC will work for you, a look at key considerations… Read more »
Business succession isn’t the only decision you have to make as you plan the future of your company (or your family!), but it’s one of the most important. These five updates from lawyers and law firms on JD Supra will help you understand your options» 1. Succession: Is Keeping the Business in the Family Necessarily… Read more »
Immigration issues have come front and center in the employment arena. Here’s a compilation of articles from lawyers on JD Supra on rules and events business owners need to know. Supreme Court Approves E-Verify Mandate (Ronald Shapiro) “Despite opposition from both the U.S. Chamber of Commerce and a number of civil rights groups, the U.S. Supreme… Read more »
