Do you know the difference between sole proprietorships, partnerships, corporations and limited liability companies? Do you know whether to set up an S corporation or is a C corporation better for you? Are limited liability companies really all that and a bag of chips?
If you are considering a business you should join me for
In my last post I shared my ABI Quick Bits Interview on Wage & Hour Lawsuits. In that interview I discussed how I often hear employers reference "1099 employees". I cautioned that you should make sure not to confuse independent contractors and employees. They are separate worker classifications and it’s important the your workers
I recently sat down for an interview with Leisa Fox of the Iowa Association of Business & Industry to discuss wage and hour lawsuits. For a blog post I wrote on the topic see here.
Be sure to check out the other Quick Bits videos on a variety of business topics from
Rush Nigut of Brick Gentry, P.C. will be one of the featured speakers at the Iowa Association of Business and Industry’s Social Media Roundtable on November 14, 2012 at the Honey Creek Lodge Resort. Rush will deliver the keynote general session presentation on New Developments and the Future of Social Media. He will also lead
This is not a political blog but I again feel compelled to write about the political effort by certain special interest groups to oust the Supreme Court justices who ruled in an unanimous opinion in the Varnum case that non-religious, civil marriage should be a right available to everyone. In the last election, three Iowa
Are you interested in becoming a franchisee? Franchise Note blog has a good post on Why or When is Franchising a Bad Idea for a Start Up Business. The post mentions considerations such as:
I recently came across the Midwest Agricultural Law Guide, a legal blog written by Omaha lawyer Sean Minahan. Sean has an interesting blog post on how the recent drought may bring a flood of arbitration claims against crop insurers. Apparently the drought is expected to bring a whopping $25 Billion in claims!
Over the last several years I’ve had an opportunity to review many "License Agreements" that were actually thinly veiled attempts by companies to avoid franchising and the disclosures and regulations that come with it. It’s understandable why these businesses might want to avoid franchising. The costs of preparing franchise disclosure documents (FDDs) can be very
If you’re interested in buying a franchise and in the process of reviewing the franchise disclosure document (FDD), I recommend a post from business attorney and franchise consultant Mike Sheehan on Item 19 financial disclosures. Mike starts his post by giving some good general information about FDDs including the fact, despite the voluminous nature
A lot of business owners are understandably price conscious when it comes to their business insurance policies. Often, business owners will shop their business insurance and hop from insurance company to insurance company in the hopes of finding the most affordable policy.
The problem with this strategy is that if a claim occurs it may
