Your trusted source for Iowa business and franchise law insights.
Your trusted source for Iowa business and franchise law insights.
The Business Innovation Zone (BIZ) has its first networking event today. The event is from 12:00 – 1:30 p.m. in the Arthur Davis conference room at the Greater Des Moines Partnership office at 700 Locust Street in Des Moines.
The featured speaker is Steven Smith, President and CEO of GCommerce. He will be talking about…
From Mike Colwell of Biz I learned about Franchise Interviews which is another resource for those interesting in franchising. The site has several interviews with successful franchisees, franchisors and franchise experts (including lawyers).
I listened to the interview with leading franchise lawyer Kevin Hein of the Denver office of Snell & Wilmer. ( An interesting interview but…
Upon my return from vacation I ran across a site called The Franchise Pundit. I have been looking a long time for Web sites that give balanced information on franchises rather than just reciting promotional materials. The Franchise Pundit appears to be such a site.
If you are conducting due diligence on a franchise you…
I am excited to announce that the Sullivan & Ward law firm will publish its Iowa Law Blog beginning in mid to late August. The firm’s law blog will cover general legal issues inlcuding the following areas of law:
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Yesterday I had an interesting discussion with one of my buddies. He is an executive with a Fortune 500 company out-of-state and he was expressing his frustration with lawyers – actually his own lawyers. He just got off the phone with one of his outside counsel when I called. After talking with him for less than 30 seconds I…
Let’s say you are the owner of a manufacturing company. You’ve decided to sell your business and you are presented with a Letter of Intent to buy the business. It’s everything you wanted with respect to the price and the buyer is financial sound.
You may be excited about the potential sale but a word…
A couple of Central Iowa business updates for your information:
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I am hoping you will provide me with some input. What do you think are the top legal issues facing small businesses today?
My general sense is that employee/human resource issues rank high. If you are a small business owner, what keeps you up at night from a legal perspective? If you are a lawyer…
Over on IowaBiz.com Joe Kristan has an excellent post describing the basic tax treatment of S corporation losses. Joe says,
Bottom line? The ability to deduct business losses is a good reason for many taxpayers to use S corporations. If you expect S corporation losses, talk to your tax pro before year-end to make
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Joe Kristan, Central Iowa’s premier blogging accountant, reminds us in a recent post that LLC and corporation owners are responsible for unpaid payroll taxes. The most important take from the post:
The moral? Never, ever fail to remit your payroll taxes; if you do, don’t expect an LLC, or any other entity for that
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