One of the biggest questions I hear from Solopreneurs is how should they pay themselves if they own a Single Member LLC? If you are operating a single member LLC, as many of you are, paying yourself is one of the easiest things to do (but at the same time one of the most complicated
If you have started an online business (or are thinking about starting an online business), then chances are that you have also looked into how to create a single member LLC. What is a single member LLC? A “single member LLC”, is simply an LLC where you are the one and only owner (or member)
I was recently asked to put together a legal resource for an online community I am a part of. They asked me to answer some of the frequently asked questions from people that are starting an online business. Here is the edited version of that resource with additional links to articles and helpful resources for
One of the biggest struggles we face as lawyers, especially in a transactional/consulting-type practice like I have, is making clients understand why they even need a lawyer in the first place. I mean honestly, do you need a lawyer for your online business? We are in this new world of DIY legal, Rocket Lawyer, Legal
If you are running a business for yourself, you have at least one member on your team – and that’s YOU, the entrepreneur. But if you are looking to grow and build a sustainable business that will last for the long haul, you should take a lesson from the Pro’s, and build a team of
Maybe you are dreaming of starting an online business, or maybe you have already started one. Either way, you need to put some simple legal protections in place to keep your business safe. It goes without saying that you should give some serious thought to incorporating your online business, and protecting your intellectual property with
I’m so excited to announce the opening of a new and innovative training program for online entrepreneurs that want to take affirmative steps to protect their business legally but can’t afford the high cost of legal help, and don’t know where else to turn. I’ve called it The Entrepreneur’s Law School. In anticipation of this launch,
I have to tell you, I am so fortunate to be a lawyer in today’s world. Things are so much different now than they were even 20 or 30 years ago. I look at older lawyers and their mindset and the way they practice law and I have to chuckle. They do is in a
It’s the worst nightmare of many entrepreneurs… a cease and desist letter. When you get one of these, it usually means that you have (knowingly or not) done something you shouldn’t have done, and someone else wants you to stop it. Thinking about writing a cease and desist letter? I previously wrote about 5 cease
