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Category Archive: Business

Latest News

Jul 24 / Posted by Scott Gosnell

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How To Hurt Your Best Employees (Without Even Trying — Or Meaning To!)

A couple of weeks ago we looked at capitalization of your company through the offer and issuance of stock, and how state and federal securities laws can impact such a plan.  Having discussed the regulatory impact of equity interests, let’s shift gears and look at the tax impact of using equity as an employee benefit. […]

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Jul 10 / Posted by Scott Gosnell

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The SEC — Not Just a Sports Organization!

Financing your business — particularly a start-up — can be difficult.  Starting a business can be expensive, and frequently (much more often than not!) the business owner just doesn’t have a lot of money to pour into it to get things up and running.  This can wind up causing a whole host of problems, if […]

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Jun 26 / Posted by Scott Gosnell

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That Strange, New, Wonderful Animal Called the “Series LLC”

By now you may have heard of this strange and wonderful creature called the “series LLC,” and wondered just what that is, and whether it is right for your business.  Well, wonder no more.  Although series LLCs are actually quite complex entities, we can offer some general observations that will help to clear up much […]

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Jun 19 / Posted by Scott Gosnell

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Business Succession Planning

As a business owner, you invest a great deal of time, money, sweat, worry and care into your business.  You nurture it through the hard times, expand when times are good, and try your level best to build it into something to be proud of.  Good for you!  But . . . what is going […]

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Feb 22 / Posted by Scott Gosnell

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In The World, But Not Legally Compliant

You may have heard the common aphorism that Christians “are in the world, but not of it.”  (The Bible doesn’t actually contains those words exactly; the proverb is derived from Jesus’s teachings in John 15:19 and 17:14-16.)  As a Christian theological position, this is a fairly uncontroversial statement.  As a legal one, particularly for churches, […]

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Feb 14 / Posted by Scott Gosnell

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The S-Corp — Demystified

One of the most common misunderstanding/misconceptions I run into in the business world is the nature and role of S-Corps.  Most small businessmen know that there is such an animal as an S-Corp, but they don’t really know what it looks like or what it does.  In fact, I often hear a business owner proclaim […]

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Feb 3 / Posted by Scott Gosnell

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11 Provisions Almost Every Business Contract Should Contain

I have a confession to make: I’m a bit of a geek (or maybe a nerd; I never could figure out what the difference is).  I say that because I enjoy drafting contracts.  One of the reasons I like to engage in such geekdom is that (1) drafting a contract for a client forces me […]

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Jan 30 / Posted by Scott Gosnell

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Talking Trademarks — Part II

Last week I discussed common law trademark rights, and the rights and limitations which accompany them.  I submitted for your consideration my fictional company, Awesome Blades Corporation (ABC), which manufactures and sells lightsabers.  If you haven’t read that post, you may want to click here and read it before proceeding.  Go ahead, I’ll wait. . […]

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Jan 27 / Posted by Scott Gosnell

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Talking Trademarks — Part I

The other day I was meeting with a business owner who was interested in selling his business.  During the meeting, he mentioned that he had trademarked the name of his business.  That’s good news; trademarks are considered “intellectual property,” and any intellectual property owned by a business increases the value of the business.  Then the […]

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Nov 30 / Posted by Scott Gosnell

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Reducing Liability, Increasing Profitability

Now that we have all slept off the tryptophan from our Thanksgiving turkey, it is time to give a little thought to how your business will end 2015 and start 2016. Here is the first thing I want you to think about: is your business organized as a separate legal entity? I wrote here that […]

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Recent Posts

  • Noisy Windbags and Trouble-Making Rogues
  • How To Hurt Your Best Employees (Without Even Trying — Or Meaning To!)
  • The SEC — Not Just a Sports Organization!
  • That Strange, New, Wonderful Animal Called the “Series LLC”
  • Business Succession Planning

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