Tag Archives: Business

Business Succession Planning Seminar

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 … Continue Reading

Business Innovation Zone: Raising Capital Seminar

 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 … Continue Reading

Getting Your Business Funded in these Economic Times

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 … Continue Reading

Employers: Are you Protecting Your Intellectual Property Rights?

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 of … Continue Reading

How Franchisees Can Avoid Personal Liability in Contracts

  A common thing I see from franchisees is that they include only the name of their franchise in an agreement as opposed to including their corporate or limited liability company name. Most of the time the names are different. For example, if my franchise is "Tops Franchise" but my corporate name is "Rush Nigut … Continue Reading

RAGBRAI and Law Intersect

The Register’s Annual Great Bicycle Ride Across Iowa (RAGBRAI) begins today.  Earlier this year my RAGBRAI inspired Blawg Review #147 received kind comments from my fellow legal bloggers and it was a little deviation from the typical posts you see on this site. I am still taking a little break but new posts will return … Continue Reading

Where to Incorporate?

Indiana civil and business lawyer Sam Hasler recently expressed his view that the place to incorporate your business is generally in your home state. I agree with Sam.  Delaware or Nevada may offer viable options for some companies but in general most Iowa small businesses are probably wise to incorporate here in Iowa.  First, Iowa … Continue Reading

Rush Nigut Appearing on Iowa Business Hour with Jim Goodman

Tonight I will be appearing on the Iowa Business Hour with Jim Goodman from 7:00-8:00 p.m. on 98.3 WOW-FM.  I follow a long line of distinguished guests on the program including the incomparable Brett Trout.  If you don’t have anything else to do take a listen tonight.… Continue Reading

CSI: Des Moines

Tomorrow’s BIZ networking luncheon features Jonni Tonnemacher, a CPA specializing in fraud detection services.  Learn how to identify fraud in your business and implement controls to prevent fraud from occurring. I have not heard Jonni talk previously but the topic is fascinating.  It is downright scary how much fraud occurs in business.  Don’t be a … Continue Reading

Business Purchase Offer: Time to Seek Legal Advice is Before Signing Offer

I am frequently involved with the purchase and/or sale of a business.  Often the purchaser discovers the business through a business broker.  In the Des Moines area, it seems as though several of the business brokers convince prospective buyers to make an offer before seeking legal advice or reviewing the basic terms before the offer is signed. (i.e. price, financing terms, … Continue Reading

Beauty Pageant Winner Also Entrepreneur

In Februrary I pointed out that women are starting businesses at a clip that is twice the rate of men.  Now, turns out the Miss USA pageant winner is also an entrepreneur.  Frankly, I think it’s pretty cool that the headlines about the winner, Crystle Stewart, read, "Texas entrepreneur named Miss USA".  No surprise though.  … Continue Reading

Iowa Small Business Financing & Assistance Program

A new program from the non-profit Iowa Foundation for Microenterprise and Community Vitality (IFMCV), will provide a statewide mechanism for Iowa’s microentrepreneurs to connect with community development agencies for assistance. Among the groups spearheading the effort are the Greater Des Moines Community Foundation and the Community Vitality Center (CVC), a policy analysis center based at … Continue Reading

Iowa: Two out of Three Ain’t Bad

Forbes Magazine ranks Des Moines as the fourth best metro nationally for business and careers.  Iowa City ranked second in the smaller metro category. Unfortunately for Iowa we also apparently rank first in the nation for corporate tax rates (and I don’t mean in a good way). But the tie breaker is that we are cool.  We … Continue Reading

Great Business Resources

Ohio business lawyer Terri Rasmussen has an excellent overview of the resources available on the SBA Website.  (With a hat tip to Joel Libava on the Small Business Trends Blog for the original post).  Terri also refers to a helpful post from Anita Campbell on the Ten Ways Business.gov Helps Your Business. While I couldn’t agree … Continue Reading

Rush Nigut Joins Brick Gentry, P.C. Law Firm

Today is my last day with the Sullivan & Ward law firm.  This coming Monday I am taking a hop, skip and a jump over to the law firm of Brick Gentry, P.C. in West Des Moines, Iowa.  This is actually almost literally true as the Brick Gentry law firm is located across the parking lot just to the west of … Continue Reading

Ten Tips for New Small Businesses

Here’s some great tips for new small businesses.  Some terrific advice.  The top ten tips as listed: Save up as much money as possible before starting. Start on a shoestring. Protect your personal assets. Understand how–and if–you will make a profit. Make a business plan, no matter how short. Get and keep a competitive edge. Put all agreements in … Continue Reading

Microsoft & Iowa: True Love

This past year I covered in detail the Iowa-Microsoft class action case which settled for $179.95 million.  The case involved allegations that Microsoft undercut competitors and acted illegally.  Real bad stuff if you believed the plaintiffs. Now a new controversy has developed in the Hawkeye state involving Microsoft. Last night, I saw an attack against … Continue Reading

Focus on Doing It Right the First Time

Chris Moander of the Wisconsin Business Law and Litigation Blog shares his take on the timeless advice that business people can pay for it now . . . or pay for it later.  Chris points out that many business people sadly lump legal services into the "too costly" or "unnecessary" categories when it comes to starting … Continue Reading

Renew Rural Iowa Business Development Seminar

The Iowa Farm Bureau is sponsoring a business development seminar on February 7, 2008 at the Iowa Farm Bureau Auditorium in West Des Moines, Iowa.  (I didn’t see a start time on the Web site but for further information you should contact 1-800-254-9670). The Renew Rural Iowa is an Iowa Farm Bureau program that combines an … Continue Reading