Why Going Out of Business is a Terrible Idea.

Far too many small business owners confuse their enterprise with themselves, thinking, “I AM the business.” While that belief may motivate the owners to get through the long days while building a business, it may also prevent them from recognizing the value of said business independent of their own, continuous work.  So, when owners consider ending their careers, their business is often be terminated … 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

Crowdfunding: The Next Evolution of Small Business Finance–Part III

Invest Georgia Exemption  Though the pool of potential investors who might take advantage of the Invest Georgia Exemption is limited to those domiciled within state borders, the Exemption, currently in place in Georgia, is far more permissive than the JOBS Act as an equity crowdfunding mechanism. Georgia’s power to regulate intrastate securities transactions arises from … Read more

Crowdfunding: The Next Evolution of Small Business Finance–Part II

Crowdfunding 101 The concept of raising large amounts of money for popular causes through small dollar-value subscriptions is almost as old as the U.S. itself. Crowdfunding using Internet platforms currently is limited to two basic types: donation or reward-based. Through forums such as Kickstarter, modern individuals and businesses solicit funding for worthy projects from millions … Read more

5 Things Every Owner Should Know About Business Divorce

No matter whether you are a limited partner, a member of a limited liability company, or a shareholder in a small corporation, breaking up is hard to do.  When it comes time to split from your soon-to-be ex-business partners, however, the following are a few of the things you need to know. 1.            The property … Read more

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