Greetings! I’ve been receiving queries lately from my clients regarding their obligations under a contract that now cannot be performed due to the disruptions caused by COVID-19. The inability to perform for my clients used to be infrequent to never, but in this time of government mandated restrictions on gatherings, events and travel, almost everyone […]
Victor worked as business seminar organizer. In addition, he also engaged in a photography side business. He didn’t have a business plan for the photo business, didn’t keep adequate records, and used his bank account and credit cards to pay associated expenses. He also didn’t spend a lot of time in the photography activity. He also […]
In this article, I am going to talk to you about whether your business should be in an entity like a corporation or a limited liability company, usually called an LLC. For purposes of this discussion, I’m assuming that you don’t have any partners or investors, that you are what’s commonly known as a sole […]
Partnerships: Initial Legal Considerations This article assumes that you’ve already thought about whether or not you want to be in a partnership, analyzing and realizing that the best way for you to pursue your business is to partner up with one or more people. As you know, there are alternatives, like loans for cash, or […]