Whether you are starting a business from scratch or buying an existing business you should consider setting up a corporation or limited liability company (LLC) before you actually sign any agreements or documents relating to your new venture. To the extent possible, avoid signing any contracts, loan agreements or leases in your personal name. In
Buying & Selling a Business
Entrepreneurial Resource Guide to Find Money for Your Business
By Rush Nigut on
Looking for money for your business? Check out the entrepreneurial resource guide from Biz. The guide explores and explains grants, loans and assistance programs.
I am excited to speak at the Biz on How To Choose the Right Business Structure for Your Business. The presentation is June 17th at 11:30 a.m. The admission fee…
San Diego Small Business Law Blog is a Gem
From time to time I enjoy featuring a business law blog worth reading. The San Diego Small Business Law Blog from Joseph Dang is definitely one to check out. Although the blog is centered on California law, Joseph has a number of general posts that are helpful to any small business owner.
In particular, I encourage…
Importance of Employee Non-Solicitation Agreements
A few weeks ago I attended a conference relating to venture capital in Iowa. During the talk several of the panelists commented that they would not sign a non-disclosure agreement prohibiting them from discussing a potential business idea they learned about from someone seeking capital. The venture capitalists did not want potential liability for ideas that…
Blogs for Franchisees From Wall Street Journal
By Rush Nigut on
I am excited that the Wall Street Journal featured Rush on Business as one of the blogs that provide insight for would-be franchisees. One of my passions for a long time on the blog is providing information to franchisees on pre-investment due diligence. Recently I ran across a potential franchisee that was told by a…
Raising Capital for Your Business Seminar
By Rush Nigut on
I’ll be one of the speakers at the Raising Capital seminar sponsored by BIZ this Tuesday, March 24th at 8:00 a.m. The seminar admission fee is $30.00 and features entrepreneurs, venture capitalists and accountants. The seminar is designed to help the entrepreneur plan successfully for an investment in their business.
For more read here.
Is Buying a Business or Franchise Right for You?
In these tough economic times many individuals have lost their jobs. As a result, many are thinking of opening their own business or buying a franchise to replace the income lost from their former job. Franchise lawyer Charles Internicola has an excellent post on the topic. Charles has also published a new book, An…
Partnership Agreements
By Rush Nigut on
Partnership agreements (also known as Buy-Sell Agreements) are like prenuptial agreements for people that are in business together. The formation of any business with multiple owners should include a buy-sell agreement. Why? Because reality dictates that it is not a matter of IF your partnership will end, but rather WHEN your partnership …
Raising Venture Capital: Presentation at BIZ
By Rush Nigut on
There has been considerable interest in raising venture capital among several entrepreneurs in the Des Moines area recently. For those looking to raise capital you won’t want to miss an upcoming event sponsored by BIZ.
Matt Kinley, senior vice president of Pappajohn Capital Resources and Equity Dynamics, will be the BIZ guest and speaker at…
The Franchise King: How to Research a Franchise
By Rush Nigut on
One of my favorite franchise related bloggers is Joel Libava who is affectionately known as The Franchise King. He has more franchise related blogs than possibly anyone on earth. He also has written an informative book on the steps needed to effectively research franchise opportunities.
Libava is quoted in a recent Entrepreneur article on How…