Your trusted source for Iowa business and franchise law insights.
Your trusted source for Iowa business and franchise law insights.
The lawyers at Stark & Stark continue to produce helpful information on their law blog for clients and lawyers alike. The latest article worth reading is from Stuart Mickleberg the Buy-Sell Agreements in Closely Held Business. Stuart says a good Buy-Sell Agreement should accomplish at least four important objectives:
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Penny J. Ummstattd-Cope of the Joplin, MO Business Blog points out that today’s women need to be just as concerned about protecting their assets as men. Penny says:
Women should start thinking about protecting their assets before they get married or even enter into a living arrangement with a man. Why? More and more women
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I generally recommend that new business clients visit with their accountant before deciding which type of business entity to form. Even if I were to make my recommendation it is helpful to get the advice of the professional who will actually being doing the taxes.
I saw a good post today on some of the…
Every blogger should take a look at the post "12 Important U.S. Laws Every Blogger Should Know" on the Directory Aviva. (Thanks to Liz Strauss for pointing out her "Great Find"). Overall, it is an excellent post and I wish the author was disclosed. I particularly like the "How to Stay Out of…
In October of 2006 I posted about an Iowa Association of Business and Industry survey regarding how Iowa business leaders perceived the legal climate in Iowa. The survey stated that many business leaders are dissatisfied with Iowa’s legal climate and believe it is costing the state jobs because of competition with other states.
That survey…
The Limited Liability Company is a hybrid form of doing business that combines characteristics of the corporate structure and the partnership structure. It is a separate entity like a corporation and therefore carries liability protection for all of its members/owners, but is generally taxed like a partnership which has the benefit of flow-through taxation.
The…
If you are thinking about starting a corporation in Iowa, here is a checklist of steps you might consider before starting your business:
1. Find out the availability of your corporate name. You can do a quick search on the Iowa Secretary of State’s Web site to see whether your name is available. If…
Thanks to Small Biz Survival blog I saw an excellent article from Entrepreneur.com entitled 75 Secrets to Startup. A portion of the article discusses whether to form a corporation or not. It also includes information on where to form your corporation. Many Web site articles and companies will tout Delaware or Nevada corporations. But…
In a recent post New York small business lawyer Imke Ratschko points out that one of the reasons to choose an S corporation over an LLC is the possibility to save on employment taxes. She also links to a helpful article written by Stephen Nelson, CPA on how to save taxes with an S corporation…
I listened to an insightful podcast from Becky McCray of Small Biz Survival called Nothing New. She also quotes Dr. Samuel Johnson who once said, "People need to be reminded more often than they need to be instructed."
That is so true when it comes to helping businesses recognize legal issues. So often what…