Your trusted source for Iowa business and franchise law insights.
Your trusted source for Iowa business and franchise law insights.
The Boulder Business Advisor has a general overview of the three main types of business structures and the factors that go into making a decision about which entity to choose for your startup business.
It’s important to get tax advice when deciding what entity is best for you. Another critical question, as mentioned in…
I was busy reading an article on Why Lawyers Don’t Run Startups (And Why Entrepreneurs Hate Lawyers) when I ran across a terrific lesson learned from the article’s author, Steve Blank.
In every company that gives you a contract there’s someone who wants a deal. When you run into contract issues, call them first
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Over the years I’ve noticed that very few businesses actually plan for selling or passing on their business to employees or family. It’s one of the most important things any business owner can do.
I’ve teamed up with business coach Monte Wyatt to provide a free seminar to business owners on business succession planning. The…
The Business Innovation Zone (BIZ) is holding its annual Raising Capital seminar at StartupCity Des Moines on March 27 starting at 9:00 a.m. Raising capital for your business is complex and often time consuming. This is a great seminar to get you started.
There are several lawyers, accountants and business people presenting including Ben Milne…
In the past many new business owners funded their ventures through home equity lines of credit. But with the decrease in home values over the past few years, it’s been tougher for the start-up business owner to rely on home equity for funding. So what’s a new business owner to do?
An article from the Wall…
I was quoted in this article from The Street entitled, "When The Parent Company Drags You Down". The article discusses the financial woes of some franchises including Quiznos and the impact on franchisees.
If your a franchisee caught in a system experiencing financial problems, my first piece of advice is to carefully review the terms of your…
Joe Kristan of the Tax Update Blog has a very interesting post on So What is the Right S Corporation Salary? The blog post discusses a recent 8th Circuit case where a West Des Moines accountant had to pay FICA taxes on about $91,000 of his earnings from his professional S corporation –rather than $24,000–…
I recently had a meeting with a startup company that has tremendous potential for growth. If the idea for the business is to take off, it’s likely they will need some capital injection along the way, especially if the owners want the growth they hope for in a short amount of time.
One question we discussed…
Lawyers are not immediately recognized as the most creative souls on the planet but some of the best lawyers I know definitely have the the creative spark. I have seen many who were classic doodlers, photographers and painters. Some of them were also the most creative in the courtroom and ultimately very successful in winning cases. That’s why I am…
Jason Shinn of the Michigan Employment Law Advisor had a great post entitled "Is your company making this mistake when it comes to employees and intellectual property?" The post centers on a lawsuit filed by an employee of Marvel Entertainment who claimed he created the Ghost Rider character back in the 1970s. With the recent success…