Tag Archives: business law

Transferring LLC Membership Interests

Part 1: An Overview

Say you are a member of an LLC, meaning you own membership interests in it. But what if you want to leave the LLC? What if you get a divorce? What if you have creditors seeking immediate repayment? What can you do with your membership interests? The answer depends...

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Community Engagement and the “Good Guy” Escape Hatch

Everyone wants to be the good guy.

As a business owner, being the “good guy” by engaging your business in the local community through volunteerism and charitable giving can have a positive impact on both parties.

The larger or more public-facing your business is, the...

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Why You Need a Business Plan

Operating your business without a business plan is like going to the grocery store hungry and without a list.

You end up with more than you need or want in your cart. On top of that, now you’ve upended your budget. Just a few carefree errands like...

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LLC vs. S Corporation: What’s Right for Your New Business?

For many, owning your own business is the essential American dream.

What starts as an idea can grow into a business plan, but there are a lot of financial and legal considerations you should take in the process. One of the first and most important decisions new business owners face is how they want to structure their...
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