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The Right Way to Value a Small Business: Part 1 of 2

Apr/18/2017

"I have a corporation which I own 50/50 with my sister. "We get along great, but our accountant is putting pressure on us to put together a shareholders' agreement so we know what to do if one of us dies, becomes disabled, or gets divorced. Our...





Some Last-Minute Tax Tips

Apr/11/2017

'Tis the season for last-minute tax questions. Here are some of the more interesting ones I've received in the last week, along with my best suggestions. Q: "I am not yet registered as a business with the government, so have no tax I.D. number....





The Right Way to Set Up a Certification Program

Apr/04/2017

"I have been running my own service business for many years. So many years, in fact, that my name is widely known in my field. Over the years I have mentored many young people who have gone into this business, and the fact that I have trained ...





A Cautionary Tale About a Brilliant Young Entrepreneur

Mar/28/2017

As I get ready to celebrate my 63rd birthday, I find myself spending more and more time with young people. As a lawyer dealing with technology start-ups and other entrepreneurial ventures, I not only find my clients getting younger and younger ...





Putting Money Into a Nonprofit Organization -- the Right Way

Mar/21/2017

"I am forming a nonprofit organization with two other investors who want to effect social change in our community. "Because it will take quite a while to launch our fund-raising activities, get money from private donors, and file applications ...





A Conference for the Serious Web Retailer

Mar/14/2017

I had the privilege of speaking at the Sellers Conference in Philadelphia last week. This event, formerly known as the Seller's Conference for Online Entrepreneurs, or SCOE, was and has always been the leading U.S. conference for people who ...





When You Give Employees Stock Options, Expect These Questions

Mar/07/2017

"We started a business some time ago, and have about 10 employees. "The business has done well, to the point where we want to give our employees options to acquire stock in our company. "We had our lawyer draw up a stock option plan and ...





Bringing Your Nonprofit Organization Back to Life

Feb/28/2017

"Some friends and I formed a nonprofit organization 10 years ago to help at-risk youth in our community. "We had a few good years, but then things fell apart. One of our board members left town because her husband got a new job. Another board ...





'Something Wicked This Way Comes'

Feb/21/2017

Being cooped up in the house in New England this time of year isn't fun. To live up here, one must have a rich interior life. If you don't have a Netflix subscription, books become really important to maintaining a positive state of mind. Each ...





Ding In Your Business

Feb/14/2017

DING IN YOUR BUSINESS Deregulation for Small Businesses? Don't Hold Your Breath The White House recently issued an executive order designed to reduce government regulation of small businesses (for the full text of the order, visit the White ...