Documents for a New Business Entrepreneurs are often caught up in the excitement of starting a business and don’t want to get distracted or bogged down by working on the recommended paperwork for their new business. Entrepreneurs are often anxious to get to the fun...
Consulting Agreements for Small Business
Protect Your Small Business with Consulting Agreements Before Hiring, by Elizabeth A. Brown, Esq When small businesses start to grow they frequently find themselves needing to hire consultants and independent contractors to help them expand their business. This can...
Limited Liability Company Contracts– Words of Caution for the Small Business Owner
Take Caution When Signing Limited Liability Company Contracts by Elizabeth A. Brown, Esq One of the principal reasons for forming and conducting business as a limited liability company is to minimize the chance that you and the other members of the company will be...
LLC and S Corp: The Best of Both Worlds
The Best of Both Worlds- LLC and S Corp You have a successful business and you very wisely registered your business as a limited liability company vs. an s corp because of its simplicity, flexibility and, whether or not you knew this, an LLC can provide even more...
Do You Need a D/B/A or Trade name?
What is a D/B/A or Trade Name? By Elizabeth A. Brown, Esq A D/B/A (Doing Business As) (also called a Trade Name) is an official filing you make with either the local or statewide government offices for registering the name under which you will be conducting business....
The “Estate Plan” for your Small Business
A Small Business Estate Plan By Liz Brown Just as you need estate planning documents to protect the future of your family, your small business needs an estate plan to take care of your business in the event of your death or disability. Unfortunately, too many small...
Avoiding Small Business Disputes/Handling Conflict
An ounce of prevention in business disputes Business disputes are one area where an “ounce of prevention is worth a pound of cure.” I have seen many small business disputes escalate into the tens of thousands of dollars because the parties did not have a written...
Multi-member LLC vs Single Member LLC
Why is the Liability Protection Greater for a Multi-member LLC? A limited liability company ("LLC") provides a certain amount of liability protection that is very similar to the protection offered by a corporation. For example, Samantha buys shares in ABC, Corp.; ...
Retirement account: Can you fund your business with it????
Are you considering purchasing a business? Buying a franchise? Need Money? What about your retirement account? There may be a pot of it in your retirement account whether it be a 401 (k) or IRA. Can that be used? I am hearing lots of ads on the radio that promise a...
New Limited Liability Company Act Law: a Boon for Small Business
SB 203- The Limited Liability Company Act On June 18, 2012 Gov. Lynch signed into law SB 203, the Limited Liability Company Act. The legislation completely rewrites RSA 304-C, the New Hampshire law on Limited Liability Companies. This Act was drafted by...