Last month I learned some valuable lessons about finding, and staying, on the trail. I was blessed with the opportunity to spend two weeks in Colorado (my first trip to CO). I was there on business, conducting my two-week military tour for the MOANG. Which means, Monday through Friday were pretty much spent in an […]
business plan
Valuation and Buy-Sell Agreements – A Book Review
Business Valuation for Business Owners – By Zachary M. Sharkey, a book review You probably know by now that I am a huge proponent of the Buy-Sell Agreement (“BSA”) for business partnerships. The BSA serves as a sort of pre-nup for small businesses owned by two or more people or entities. As a business lawyer, […]
Legal Subscription Plans, Are They Right for Me?
From non-lawyer mega-companies to local law firms, legal subscription plans are adding value to businesses across the country. They come in many forms and at various price points. So, what are they exactly and should you get one? (Note, inherent bias acknowledged. Welch Law provides several affordable Subscription Plan options for small businesses, you can […]
Are You Creating a Job or a Business?
I love asking this question to new, and experienced, business owners because of its simplicity. Yes, the question is simple and straightforward, however, the answer gives me a TON of valuable information. The answer tells me about the company’s goals, the company’s management, and how much engagement I can expect from the owners and managers. […]
Pros and Cons of the LLC Entity Choice
I love LLCs because I don’t have to do anything! While the LLC organizational structure has gained great popularity, and is often the entity of choice for new business owners, the wonderful flexibility of this structure also carries many potential pitfalls. Below is a short list of some of the Pros and Cons of the […]