by Howard C. Stross | May 6, 2019 | Business Law, LLC, Small Business
Does it Really Matter if Your LLC Doesn’t have an Operating Agreement? Yes! Having a limited liability company (LLC) with a properly written operating agreement (“OA”), customized to the members and managers of the LLC, matters a lot! An LLC’s OA is its road map.... by Howard C. Stross | Feb 25, 2019 | Business Law, Small Business
Whether you are just starting up a new company or have a business that has been in operation for a while, and whether your business is a sole proprietorship, partnership, limited liability company, or corporation, good business recordkeeping is an essential part of...
by Howard C. Stross | Sep 19, 2018 | Business Law, Small Business
Entrepreneurship has been called the new American dream. Starting a new business starts with an idea that develops into a business plan, but not without careful financial and legal considerations. Among the decisions that new business owners grapple with is whether to... by Howard C. Stross | Jul 24, 2018 | Business Law, Small Business
Many laws, rules, and regulations govern businesses and their employees. A small business, however, may be exempt from one or more of them depending on its number of employees. For example: Discrimination Laws. Small businesses may be exempt from Title VII, the ADA...
by Howard C. Stross | Mar 18, 2016 | Business Law, Buying and Selling a Business, Small Business
BUSINESS TRANSITION / BUY-SELL AGREEMENT CHECKLIST When considering selling or transferring control of your business, or even buying a business (collectively referred to below as “Business Transition”), where do you start? Speak with your attorney. The discussion with...
by Howard C. Stross | Feb 26, 2016 | Business Law, Estate Planning, Small Business, Trust Administration
NOTE: This is the second blog in a series on business succession planning. If you have not read the first blog of this series, please do so before reading this second part. Click here: What Will Happen to Your Business if …? You, the business owner, have built a...