Your trusted source for Iowa business and franchise law insights.
Your trusted source for Iowa business and franchise law insights.
If you are interested in buying an existing Iowa business you should take a look at this due diligence checklist provided by Kauffman eVenturing and developed by finance expert Corey Schwartz. Using a due diligence checklist can help you compile the necessary information to investigate a business and negotiate effectively.
For more information regarding the…
For over fifty years, the Sullivan & Ward law firm has represented rural electric cooperatives and generating electric cooperatives in the state of Iowa, as well as several electric cooperatives from across the country. Our attorneys, including John Ward and Michael Joynt, have gained national recognition for their expertise in the area of rural…
Iowa Corporate and Business Attorney to Write "The Entrepreneur’s Guide to Starting a Business in Iowa"
Des Moines,Iowa corporate and business attorney Rush Nigut is currently working on an online handbook entitled, "The Entrepreneur’s Guide to Starting a Business in Iowa". The handbook will appear on the Web site of Sullivan & Ward, P.C.(a…
FACTORS IN FORMING YOUR IOWA BUSINESS
You are considering forming an Iowa small business. What type of business structure should you choose? In Iowa, your choices generally are a sole proprietorship, S corporation, C corporation, or a limited liability company.
Some of the factors to consider in choosing a business structure are:
1) Personal liability…
Importance of Trademarks
Des Moines Iowa patent and trademark attorney Brett Trout recently wrote three good articles on the importance of trademarks. With the Internet, even the smallest of companies should become familar with trademark issues in order to protect their business names and logos.
Go to http://blog.bretttrout.com for more information.
RULES OF BUYING A BUSINESS: RULE NO. 3: WRITE A CAREFUL OFFER
Once you have decided to move forward with buying a business you should write a careful offer. First, I recommend you consult a lawyer to assist you in writing the offer. The cost is often not as much as people might imagine and…
RULES OF BUYING A BUSINESS – RULE NO. 2: BECOME AN EXPERT
Buying a business at a great price takes work and preparation. If you are not currently an expert in the industry you are considering you should become one. Interview several people in that industry, read books and articles or take classes. Perhaps you…
RULES OF BUYING A BUSINESS: NO. 1: DO NOT BUY ON EMOTION
Many of us dream of owning our own business and making a fortune. Instead of starting from scratch many people opt to buy an existing business. While it may be less risky to buy an existing business you still need to carefully consider…
How to Hire the Right Attorney for Your Business
There are four professionals that your business will likely need for start-up and beyond.
1) Attorney,
2) Accountant,
3) Insurance Agent, and
4) Banker.
Recently I read article which quoted fitness video guru Billy Blanks as saying he learned how it important it was to hire…
Articles of Incorporation or Organization Only Part of the Story
Now for the rest of the story . . .
Imagine a client that becomes embroiled in a disagreement with a 50/50 business partner. The two formed a LLC through a lawyer who was unfortunately not a business lawyer. The lawyer set up a limited…