How to NOT Have Your Corporate Veil Pierced

There are a number of reasons to form an LLC, S-Corp, or other corporate form, but one of the biggest reasons is right there in the first two initials of an LLC: Limited Liability. By creating an LLC or similar corporate formation for your business, you can prevent...

How to Solve Business Partner Disputes Productively

A business partnership is like a marriage in a lot of ways. You and your business partners joined together because you had a common purpose that you both found worth pursuing for your mutual benefit. And, like a marriage, your partnership means you have rights but...

Startups: Choosing Between an LLC and an S-Corp

For many startup owners and entrepreneurs, following their passion by building their own business was at least in part a way to avoid cubicle life, spreadsheets, and generally uninteresting issues of corporate finance and compliance. But as your business grows, these...

What You Need to Know Before Buying a Franchise

From yoga studios to restaurants to gyms to professional service companies and everything in between, owning and operating your own franchise can be a great way to become your own boss and rake in serious cash while building on brand name recognition and other...

Why Your Operating Agreement is Your LLC’s Most Important Contract

As an owner of an emerging LLC, your sights may be set on winning contracts with big clients, negotiating contracts with servicers and vendors, and even on the ultimate goal of an acquisition agreement from a larger company to purchase your company. But, for the time...