Setting Up to Sell Your Business

by Daniel Ross | Mar 28, 2018 | Business Formation & Development, Contract Law, Intellectual Property

Selling a business is much like selling any other big-ticket item. You wouldn’t sell your house, for example, without appropriate renovations, understanding your property value and the market at large, and assembling the right team to facilitate the sale. The same is...

LLC and Corporate Formalities Checklist

by Daniel Ross | May 10, 2017 | Business Formation & Development

In our last blog series, we explored the advantages and disadvantages of many common types of business formations and found a trend among them: the most popular forms offered limited liability – that is, legal and financial liability that is limited to what is...

101 Series: Entity Selection: Corporations

by Daniel Ross | Mar 14, 2017 | Business Formation & Development

In our last blog entry we discussed limited liability companies, with an emphasis on the ease of use that many small businesses find appealing. Yet there are circumstances where a company may value structure and accountability over functional agility – consider a...

101 Series: Entity Selection: Limited Liability Companies

by Daniel Ross | Feb 16, 2017 | Business Formation & Development

Millions of entrepreneurs choose to start their new business as a limited liability company. Without being hyperbolic, LLCs are generally the superior entity form for most for-profit small businesses in terms of flexibility and functionality. LLC laws really do cherry...

101 Series: Entity Selection: Partnerships (A Cautionary Tale)

by Daniel Ross | Feb 2, 2017 | Business Formation & Development

Pitfalls of Partnership Let me first say that, perhaps with the exception of limited liability partnerships, the partnership relationship is an outdated, inefficient, and extremely risky type of legal entity. So why write about it at all? Because unlike other, more...