Doing Business Across State Lines (What you need to know!)

Let’s say you are doing business in South Carolina and things are going so well, you decide to do one of the following: expand to Georgia; buy a Georgia business; move your business to Georgia. STOP. Those are all terrific ideas, but before you do any of those acts with regard to Georgia or any other state … Read more

Buying a Business: Best Structure for Liability and Tax Planning

Today’s entry in the SouthernBizLaw Blawg is a video I produced for a new site called, LifeForth.com. LifeForth.com hosts free information for people transitioning from lifelong careers who are looking to do something different. So, without further delay, I give you my video on getting the most out of your purchase of a business by first … Read more

Buying a Business: What are you really buying?

Today’s entry in the SouthernBizLaw Blawg is a video I produced for a new site called, LifeForth.com. LifeForth.com hosts free information for people transitioning from lifelong careers who are looking to do something different. So, without further delay, I give you my video on getting the most out of your purchase of a business by first … Read more

Are you cut out for entrepreneurship or should you just “buy yourself a job”?

Having now worked with many hundreds of people founding new small businesses and start-ups and met hundreds more founders of start-ups, I have gained a few distinctions in my understanding of the difference in the two populations. If you Google “entrepreneur or buy a job,” however, most of what you will find are discussions about … Read more

The 6 Different Things You Can Do When You “Retire” (A Comprehensive List)

There are a lot of Baby Boomers (born 1946 to 1964), and about 50 years ago, most of them started their first grown-up jobs.  Now, the oldest of the Boomers have begun to retire with only about 33% of them still working at all and only 16% still working full-time.1 And those 76 million baby … Read more

NDAs: the Good, the Bad, and the Ugly

Recently, a client came to me seeking to start a new small business.  She was transitioning from a job she had held in an industry she knew well, and her new business would fill a need in that industry that would continue to become more imperative over the next few years.  By nature, this client … Read more

What’s the big deal about being a certified woman-owned, minority-owned or disadvantaged business?

In short, the big deal is better opportunity.  Diversity business certifications, such as MBE and WBE, are valuable because they permit certified businesses to bid on exclusive contracts to provide goods or services to large or publicly-traded corporations and federal, state, and local governments.  Depending on the bid requirements, these contracts are otherwise unavailable for … Read more

5 Agreements Every Successful Business Needs

Recently, I read an article at Entrepreneur.com called, “3 Agreement Types Every Entrepreneur Needs.” The article was written by an attorney now working for LegalZoom. As we might expect, it focused on the form agreements one would need when starting a business with the author stating entrepreneurs require three basic forms: owner agreements, worker agreements, … Read more

S-Corp v. LLC. Why not both?

Have you ever been advised that you should “form an s-corp” for business tax purposes even though you really want to take advantage of the superior liability protection and ease of administration of a limited liability company (“L.L.C.”)?  This is a common apparent dilemma many of my clients present to me in our initial meeting.  … Read more

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