BUSINESS LEGAL CHECKUP
|
|
- Baldwin Shaw
- 8 years ago
- Views:
Transcription
1 BUSINESS LEGAL CHECKUP 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
2 MEMORANDUM TO: FROM: RE: Business Owners S. Craig Stone II, Esq. Business Legal Checkup As an existing or potential business owner, it is important that you spend your valuable time in planning, marketing, managing and operating your business, and not be distracted by legal disputes, injuries and damage claims. One of the means to avoid these distractions is to use preventive legal practices. These practices will help you to avoid many legal problems and strengthen your defenses for the unavoidable problems. As a result, you will reduce your total legal costs and remain focused on your first priority, the business. A typical preventive practice is to perform a periodic legal checkup of your business health. This checkup is similar to a financial audit or a physical exam, and involves an analysis of your general business environment and specific circumstances to identify potential legal pitfalls so that you may make advance arrangements to eliminate or minimize your legal risks. We have prepared this Memorandum for you to perform a self-assessment of your business legal health. Our hope is that it will provoke some thought about common legal problems and risks, and trigger a desire to address these problems and risks in advance. GENERAL ORGANIZATION OF BUSINESS ENTITY Which business entity is best suited to the particular business operations and the desired tax structure of the owners? o Sole proprietorship o Partnership (General, Limited, Limited Liability, etc.) o Limited Liability Company o Corporation ( C vs. S ) What is the best jurisdiction to organize the business entity vs. the best jurisdiction to operate the business? o State o Federal o Foreign 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
3 Page No. 2 Does the business have properly prepared organizational documents that are appropriate to the particular business entity? o Articles of incorporation or articles of organization o Partnership agreement (general vs. limited) o Bylaws or operating agreement o Stock or member certificates o Initial minutes, etc. o Trade name filings Are all of the above documents kept in a safe, secure fireproof location and do the authorized persons have ready access to the same? Have all of the legal formalities for the business been observed since formation: o Regular shareholder / partner / member meetings held? o Regular board of directors or management meetings held? o Updated minutes, resolutions, written consents, etc. to the organizational documents prepared? o Franchise and business taxes paid? o Business charter with the appropriate state agency (e.g., secretary of state) renewed annually? o Directors and officers elected or appointed annually? o Indemnification agreements executed? o Required business licenses and permits obtained and renewed? o Securities properly registered with state and federal agencies? Does the business have a detailed, appropriate mechanism for resolving internal disputes between business owners (majority vs. minority shareholders/members), directors, and officers? How are the relations between the business owners, directors and officers? Does the business have a current, written list of all important future dates, such as expirations, stock option exercise deadlines, maturities, tax filing or payment dates or other due dates? 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
4 Page No. 3 Does the business have a team of professional advisors to assist in the business operations and long-term planning? o Business attorney o Accountant o Insurance agent (property & casualty / employee benefit / health / life & disability) o Investment or financial advisor o Business banker o Business coach EMPLOYMENT ISSUES Have the business workers been properly classified as either employees or independent contractors? Are the business employees at will or subject to an implied employment contract? Does the business have written and adequate employment agreements for key personnel? Independent contractor agreements for non-employee workers? Does the business have written and adequate non-competition agreements with key personnel? Does the business have written and adequate non-disclosure agreements with all personnel that have access to client/customer lists and other proprietary trade or confidential business information? Does the business have written and adequate policies to prevent nondiscrimination in the hiring, promoting and terminating of employees? Does the business verify prior work experience or references for job applicants? Does the business have and maintain an employee manual? If so, does it contain adequate disclaimers and other language to limit liability for specific issues? Does the business have a written and adequate policy for disciplining or terminating employees? Is the policy consistently and firmly applied? Does the business have or need a drug or alcohol testing policy? 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
5 Page No. 4 Is the business workplace a safe haven from violence or other inappropriate behaviors? Does the business have written and adequate policies to prevent sexual / racial / religious harassment in the workplace? Is the business compliant with the various state and federal employment practices laws, including: o State wage and hour requirements o State workers compensation / unemployment compensation requirements o Immigration requirements o OSHA o American With Disabilities Act o Family Medical Leave Act o Title VII Does the business provide references for former employees? Does the business provide employee benefits? If so, are the benefits tax efficient and fully utilized? o Profit sharing plan o 401(k) o Simple IRA o SEP IRA o Deferred compensation plan o Group health insurance / disability / life o Key man insurance o Stock purchase / bonus plan COMPETITION Does the business have any proprietary or confidential information (client lists, procedures, etc.) or trade secrets that need to be protected? Does the business have a trade or service mark that is specific to the business that may need to be registered with state or federal agencies? Have you reviewed both the business and any competitor s websites for possible metatag violations? 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
6 Page No. 5 Is the business pricing structure competitive in the market? Has the business performed a competitive evaluation to determine its market share or opportunities? practices? Does the business engage in or ever been subjected to unfair trade or antitrust CONTRACT ISSUES Are the business vital relationships documented with current, accurate and clear written contracts? Are the business contracts being signed by the proper persons and in their authorized capacity in order to avoid personal liability for business debts? Does the business have any commercial real estate or equipment leases? If so, when were the leases last reviewed? Does the business have any sales, vendor, supplier or customer contracts? If so, when were the contracts last reviewed? reviewed? Does the business have any labor agreements? If so, when were the agreements last Does the business have any agreements or contract with governmental agencies? If so, when were the contracts last reviewed and is the business subject to any additional regulations or restrictions that do not apply to non-government parties? Do any of the business existing agreements or contracts need to be revised to reflect current terms or changes in the relationship? Do the business existing agreements or contracts include resolution of disputes through arbitration or other alternative dispute resolution? FINANCES Does the business have a complete and current financial statement which lists in detail all of the business assets and liabilities? 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
7 Page No. 6 Does the business have a complete and current inventory of all of physical assets, sufficient to support a claim in the event of a loss? Has the business performed any financial planning, including: o Cash-flow analysis? o Capital requirements? o Break-even point? o Budgeting? Is the business excess capital (non-operating liquid assets) both safe and productive? Are the business debts and liabilities currently in excess of the business assets or expected income? Has the business reviewed its income tax situation with an accountant or other professional tax advisor to see if the total tax obligations could be reduced? Does the business have all of its federal, state and local tax records for the past four years, including tax returns, supporting documentation, evidence of filing, etc.? Does the business owe any federal, state or local income taxes, real estate taxes, personal property taxes, etc.? Does the business have all of the receipts for the purchase or improvement of capital assets, i.e., real estate, vehicles, equipment, etc.? RISK MANAGEMENT ASSET PROTECTION Does the business work in a profession or industry that has a higher incidence of lawsuits, e.g. attorney, doctor, accountant, architect, real estate contractor or developer, etc.? Is the business subject to any industry rules or regulations, e.g., consumer protection laws, product testing and liability, labor laws, etc.? Does the business have assets that present a higher risk of liability than other assets, i.e., commercial real estate as compared to cash or marketable securities? business? Does the business have assets that are critical to the income or success of the 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
8 Page No. 7 Are there currently any actual or potential claims which have been or could be asserted against the business? Has the business recently reviewed the liability limits, coverages and exceptions on the following insurance policies: o Liability (general and umbrella) o Worker s compensation o Property and casualty (fire, theft, comprehensive) o Business automobile (bodily injury, property damage, public liability) o Business interruption o Liability umbrella o Errors & omissions o Malpractice Does the business have any financial or liability exposures that are insurable but are not presently insured? risks? Does the business have any assets that may be subject to environmental hazards or Are any of the business owners named as guarantors on leases, contracts, or other potential business obligations? Does the business have proper and adequate written indemnities for obligations arising from third parties? BUSINESS SUCCESSION Does the business have a buy-sell agreement with its owners in the event of a disability, divorce, death or dissolution (bankruptcy) of an owner? Does the business or its owners have adequate capital or resources to purchase the interest of an owner? Has the business ever been appraised to determine its liquidation or going concern value in the event an owner wants to sell his or her interest? Will a business owner s interest be subject to probate or intestate succession at the time of the owner s death? 9060 W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
9 Page No. 8 Who would be the natural or preferred successors to the business ownership and/or management? What is the best mechanism to transfer ownership / management of the business to the preferred successors: o Buy-Sell agreement o Asset sale of the business o Stock sale of the business o Merger and acquisition o Employee Stock Ownership Plan ( ESOP ) o Stock options (qualified vs. non-qualified) o Initial public offering o Charitable bailout How soon do the owners plan to transfer ownership in the business? Does the business have a succession planning team of advisors who can maximize the business value, design and structure the transfer, and close the transaction? CONCLUSION Have any of the above questions caused you to consider taking some action or making some further review? We hope the above questions were helpful in the assessment of the business legal health. As always, please do not hesitate to contact us if you have any questions or comments regarding any of the above issues or other legal matters W. Cheyenne Avenue, Suite A, Las Vegas, Nevada Phone: Fax:
CPA DUE DILIGENCE CHECKLIST FOR THE SALE AND ACQUISITION OF A BUSINESS
Law Offices of Robert A. Briskin, a Professional Corporation 1901 Avenue of the Stars, Suite 1700, Los Angeles, California 90067 Certified Specialist - Taxation Law Telephone (310) 201-0507 The State Bar
More informationA Typical Due Diligence Checklist for Start-Up Companies and Entrepreneurs Seeking Debt and Equity Financing
A Typical Due Diligence Checklist for Start-Up Companies and Entrepreneurs Seeking Debt and Equity Financing A. Organization and Good Standing. The Company s Articles of Incorporation and all amendments
More informationControlling Legal Risk: Business Formation, Taxes and Intellectual Property
Controlling Legal Risk: Business Formation, Taxes and Intellectual Property Presented by: Frank P. Nagorney, Esq., Cowden & Humphrey Co. LPA Thunderbird School of Global Management September 23, 2014 Copyright
More informationPharmaceutical and Biomedical Due Diligence Checklist
Pharmaceutical and Biomedical Due Diligence Checklist Pharmaceutical and Biomedical Due Diligence Checklist 2 This due diligence checklist template includes many of the key items that are required in M&A
More informationChecklist for Starting a Small Business
Checklist for Starting a Small Business Evaluate and Develop Your Business Idea [ ] Determine if the type of business suits you. [ ] Use a break-even analysis to determine if your idea can make money.
More informationTHE FARRELL LAW GROUP, P.C. A PROFESSIONAL CORPORATION
THE FARRELL LAW GROUP, P.C. A PROFESSIONAL CORPORATION ATTORNEYS AT LAW 4900 FALLS OF NEUSE SUITE 212 RALEIGH, NORTH CAROLINA 27609 ---- (919) 872-0300 FAX (919) 872-0303 GENERAL ISSUES & CONSIDERATIONS
More informationHome Health Agency Due Diligence Document Request INSTRUCTIONS
Home Health Agency Due Diligence Document Request INSTRUCTIONS Please provide copies of all of the documents listed in this Home Health Agency Due Diligence Document Request. is referred to in this document
More informationINDEPENDENT CONTRACTOR AGREEMENT
INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement ( Agreement ) is entered between Nordstrom, Inc. ( Nordstrom ), with a business address at 1700 Seventh Avenue, Suite 1000, Seattle,
More informationTULANE UNIVERSITY INDEPENDENT CONTRACTOR SERVICE AGREEMENT. Effective Date:
TULANE UNIVERSITY INDEPENDENT CONTRACTOR SERVICE AGREEMENT Effective Date: This INDEPENDENT CONTRACTOR SERVICE AGREEMENT (this Agreement ) is effective as of the Effective Date set forth above, by and
More informationAPPLICATION for NATIONAL CERTIFICATION as a VETERAN BUSINESS ENTERPRISE
APPLICATION for NATIONAL CERTIFICATION as a VETERAN BUSINESS ENTERPRISE APPLICATION FOR NATIONAL CERTIFICATION AS A VETERAN OWNED AND CONTROLLED BUSINESS Introduction We welcome your interest in NWBOC
More informationDUE DILIGENCE CHECKLIST Acquisition of Stock
Buyer Buyer Consultant [Financial Consultant/Investment Banker] Buyer Legal Counsel KEY Seller Seller Entity or Seller Entities Seller,, and any other individual or entity that is an affiliate of the Seller
More informationTraining Sessions for Clients. UNITED STATES CANADA MEXICO POLAND CHINA millercanfield.com
Training Sessions for Clients UNITED STATES CANADA MEXICO POLAND CHINA millercanfield.com Product Liability This session offers an essential overview of what every manufacturer needs to know. Basics of
More informationWhite Paper Life Insurance Coverage on a Key Employee
White Paper Life Insurance Coverage on a Key Employee www.selectportfolio.com Toll Free 800.445.9822 Tel 949.975.7900 Fax 949.900.8181 Securities offered through Securities Equity Group Member FINRA, SIPC,
More informationContents of Online Data Room
Form: Contents of Online Data Room Description: In many M&A transactions, an online data room is prepared to house key documents that a buyer will want to review as part of its due diligence process. This
More informationNEVADA CORPORATIONS BRIDGEWAY ASSET PROTECTION & FINANCIAL PRIVACY. Legally Quickly Conveniently Inexpensively Anonymously FINANCIAL CORPORATION
BRIDGEWAY FINANCIAL CORPORATION Asset Protection Consulting NEVADA CORPORATIONS ASSET PROTECTION & FINANCIAL PRIVACY Legally Quickly Conveniently Inexpensively Anonymously We now live in a litigious society.
More informationStarting a Small Business
Starting a Small Business Starting and managing a business takes motivation, desire and talent. It also takes research and planning. Like a chess game, success in small business starts with decisive and
More informationArticle Estates and Trusts MARYLAND STATUTORY FORM PERSONAL FINANCIAL POWER OF ATTORNEY IMPORTANT INFORMATION AND WARNING
[Previous][Next][Another Article] 17 202. Article Estates and Trusts MARYLAND STATUTORY FORM PERSONAL FINANCIAL POWER OF ATTORNEY IMPORTANT INFORMATION AND WARNING You should be very careful in deciding
More informationSmall Business Legal Audit Checklist 2008 Stuart Adams
Small Business Legal Audit Checklist 2008 Stuart Adams 1. Basic Disaster Preparation and Planning None of us like to think about disasters, and many of us have an it won t happen to me attitude. The following
More informationNEVADA LLCs BRIDGEWAY. Legally Quickly Conveniently Inexpensively Anonymously ASSET PROTECTION & FINANCIAL PRIVACY FINANCIAL CORPORATION
BRIDGEWAY FINANCIAL CORPORATION Asset Protection Consulting NEVADA LLCs ASSET PROTECTION & FINANCIAL PRIVACY Legally Quickly Conveniently Inexpensively Anonymously We now live in a litigious society. What
More information[Name of Company] [ ] [ ] [ ] [ ] (4) List of states and foreign countries in which qualified to do business. [ ] [ ] [ ] [ ] (5) All Business Plans.
[Name of Company] Preliminary Due Diligence Checklist [Date] In connection with the proposed sale of Series Preferred Stock by [Name of Company] (the "Company"), please supply the following materials.
More informationNEVADA LLCs ASSET PROTECTION & FINANCIAL PRIVACY. Legally Quickly Conveniently Inexpensively Anonymously
NEVADA LLCs ASSET PROTECTION & FINANCIAL PRIVACY Legally Quickly Conveniently Inexpensively Anonymously We Now Live In A Litigious Society What does that mean to you? YOU Need Protection Now! Without Asset
More informationDUE DILIGENCE DATA ROOM CHECKLIST
DUE DILIGENCE DATA ROOM CHECKLIST The following pages contain a detailed due diligence checklist that has been compiled from many years of M&A projects. While this is one of the most extensive and comprehensive
More informationOutline of Considerations in Starting a New Business
Outline of Considerations in Starting a New Business At Lewis & Knopf we have over 40 years of working with various new business start-ups. From this, we have compiled the attached Outline of Considerations
More informationEXHIBIT 1 Standard Contract Addendum
EXHIBIT 1 Standard Contract Addendum This Standard Contract Addendum ( Addendum ) is between Texas Southern University ( University ) and the other party ( Contracting Party ) indicated in the signature
More informationBusiness Plan template
template If you re considering establishing or purchasing a small business, it s important that you have a Business Plan. This plan will help provide you with an essential road map for your new business.
More informationLAW OFFICES OF BRADLEY J. FRIGON, LLC PROBATE INTAKE FORM PERSONAL INFORMATION
Member National Academy of Elder Law Attorneys Member Special Needs Trust Alliance ** Certified Elder Law Attorney by the National Elder Law Foundation www.specialneedsalliance.com LAW OFFICES OF BRADLEY
More informationBanister Financial, Inc. Information Needs List
For Questions Regarding this List Contact: BANISTER FINANCIAL, INC. 1338 Harding Place, Suite 200, Charlotte, NC 28204 Fax: (704) 334-5770 Web Site: www.businessvalue.com Contacts: George B. Hawkins, ASA,
More informationPROTECT YOUR BUSINESS HIRING RIGHT NEW NATIONAL SAFETY & HEALTH STANDARD
PROTECT YOUR BUSINESS HIRING RIGHT NEW NATIONAL SAFETY & HEALTH STANDARD AGENCY SPOTLIGHT: Robert E. Harris Insurance Agency SPOTLIGHT ON EXCELLENCE IN THIS ISSUE: $800 SAVINGS WHY MOST MARKETING STINKS
More informationINSTRUCTIONS FOR COMPLETING OFFICIAL FORM 7. STATEMENT OF FINANCIAL AFFAIRS (Revised 2/01) I. INTRODUCTION
INSTRUCTIONS FOR COMPLETING OFFICIAL FORM 7 STATEMENT OF FINANCIAL AFFAIRS (Revised 2/01) I. INTRODUCTION The Statement of Financial Affairs provides a summary of the debtor's financial history, transactions,
More informationADVANCED DRAINAGE SYSTEMS, INC. CORPORATE GOVERNANCE GUIDELINES
ADVANCED DRAINAGE SYSTEMS, INC. CORPORATE GOVERNANCE GUIDELINES These Corporate Governance Guidelines have been adopted by the Board of Directors (the Board ) of Advanced Drainage Systems, Inc. (the Company
More informationNPSA GENERAL PROVISIONS
NPSA GENERAL PROVISIONS 1. Independent Contractor. A. It is understood and agreed that CONTRACTOR (including CONTRACTOR s employees) is an independent contractor and that no relationship of employer-employee
More informationAGREEMENT FOR FARM LABOR CONTRACTING SERVICES. (Company) and
AGREEMENT FOR FARM LABOR CONTRACTING SERVICES (Contractor) make this Agreement at (Company) and 20, with reference to these RECITALS:, California, this day of A. Company desires to use the services of
More informationState of New Jersey New Jersey Public Broadcasting System New Jersey Network Standard Terms and Conditions
1. STANDARD TERMS AND CONDITIONS APPLICABLE TO THE CONTRACT: Unless the bidder is specifically instructed otherwise in the Request for Proposals (RFP), the following terms and conditions shall apply to
More informationSupplementary materials
Supplementary materials XX Merger, transformation and dissolution of business entities The dissolution of business entities is described within the Companies Law. Examples of dissolution provided by the
More informationProtect Your Assets and Livelyhood How a Nevada Corporation Works
NEVADA CORPORATIONS ASSET PROTECTION & TAX REDUCTION Legally Quickly Conveniently Inexpensively Anonymously Protect Your Assets and Livelyhood How A Nevada Corporation Works Nevada is Tax Heaven No corporate
More informationHOW TO AVOID POTENTIAL PERSONAL LIABILITY FOR COMPANY OBLIGATIONS PREVENTING OTHERS FROM PIERCING THE CORPORATE VEIL
HOW TO AVOID POTENTIAL PERSONAL LIABILITY FOR COMPANY OBLIGATIONS PREVENTING OTHERS FROM PIERCING THE CORPORATE VEIL Roofing contractors take large risks and face substantial liabilities. By going into
More informationDue diligence report for :
Due diligence report for : Due diligence report for :...1 1 Market size, business model...2 1.1. Documents...2 2 Product and competition...3 2.1 Product...3 2.2 Competition...3 2.3 Documents...4 2.3.1
More informationINNOVATION FUND Loan Application
INNOVATION FUND Loan Application Department of Development 500 E. Main Street, Suite 1500, Norfolk, VA 23510 Phone: (757-664-4338 Fax: 757-441-2910 CREDIT REQUEST Amount Requested: Term Requested (# months):
More informationLAWYERS PROFESSIONAL LIABILITY INSURANCE APPLICATION
LAWYERS PROFESSIONAL LIABILITY INSURANCE APPLICATION ProAssurance Casualty Company PO Box 150 Okemos, MI 48805-0150 800.292.1036 517.349.6500 Fax 517.347.6321 NOTICE: This professional liability coverage
More informationPROFESSIONAL/CONSULTING SERVICES AGREEMENT
This SERVICES AGREEMENT ( Agreement ) is entered into by and between the undersigned, ( Contractor ), (Social Security Number or Federal I.D. No.), located at and Texas Southern University ( TSU ), an
More informationThe Basics of Forming a Non-Profit Counseling Corporation Ann Tran, JD., Staff Attorney
The Basics of Forming a Non-Profit Counseling Corporation Ann Tran, JD., Staff Attorney The Therapist November/December 2009 Throughout California, non-profits provide vital services that help keep the
More informationNew Haven Lawyer Finder Questionnaire
New Haven Lawyer Finder Questionnaire Let us do the work for you. Please fill out this questionnaire and send it back to the NHCBA office along with the New Haven Lawyer Finder contract. We will use your
More informationNLC Pools Liability Coverage Documents Volunteer Coverage Definitions
NLC Pools Liability Coverage Documents Volunteer Coverage Definitions Pool 1 The program may at their option provide additional coverage, as provided under this Program, for extraterritorial activities
More informationPREQUALIFICATION QUESTIONNAIRE
PREQUALIFICATION QUESTIONNAIRE BAW&G/WHW/JWF/172861.2 Revision Date: 01-14/14 1 Contractor Prequalification Package CONTACT INFORMATION Firm Name: Check One: Corporation (as it appears on license) Partnership
More informationCHOICE OF ENTITY 2010 TENNESSEE AGRITOURISM CULTIVATING FARM REVENUE CONFERENCE
2010 TENNESSEE AGRITOURISM CULTIVATING FARM REVENUE CONFERENCE CHOICE OF ENTITY Presented by Jill Bartee Nolan Batson, Nolan, Pearson, Miller & Joiner, PLC 121 S. Third Street, Clarksville, TN 37040 931-647-1501
More informationINCORPORATION, LIMITED PARTNERSHIP, LIMITED LIABILITY COMPANY AND TRADEMARK FORMS TABLE OF CONTENTS. Pre-Incorporation Documents
INCORPORATION, LIMITED PARTNERSHIP, LIMITED LIABILITY COMPANY AND TRADEMARK FORMS TABLE OF CONTENTS SS-4 Application for Employer Identification Number SS-4 for Word 2003 or 2007 Form-966 Corporate Dissolution
More informationRecitals. NOW, THEREFORE, the parties hereto agree as follows: Agreement
THIS INDEPENDENT CONTRACTOR SERVICES AGREEMENT (this Agreement ) is made this day of, 20 (the Effective Date ), regardless of the date of execution, by and between Sierra Field Services, Inc., a Nevada
More informationDue Diligence Checklist for the Purchase of a Local Retail Business (No Intellectual Property) 1 I. FINANCE/TAX
Due Diligence Checklist for the Purchase of a Local Retail Business (No Intellectual Property) 1 I. FINANCE/TAX 1. Financial Matters. 1.1 Seller s year end financial statements for the past 5 years and
More informationLADENBURG THALMANN FINANCIAL SERVICES INC. QUALIFIED EMPLOYEE STOCK PURCHASE PLAN ARTICLE I BACKGROUND
Adopted by Board: May 21, 2002 Adopted by Shareholders: November 6, 2002 Amendments Approved by Compensation Committee: December 29, 2005 Amendment Approved by Board: September 15, 2006 Amendment Approved
More informationBusiness Insurance. AKD Consultants Adam Dworkin CPA 188 Whiting Street Suite 10 Hingham, MA 02043 781-556-5554 Adam@AKDConsultants.
AKD Consultants Adam Dworkin CPA 188 Whiting Street Suite 10 Hingham, MA 02043 781-556-5554 Adam@AKDConsultants.com Business Insurance Page 1 of 6, see disclaimer on final page Business Insurance What
More informationBUYING AND SELLING THE SMALL(ER) BUSINESS UCLA Extension Campus 261 S. Figueroa Street Los Angeles, California. November 18, 2011
BUYING AND SELLING THE SMALL(ER) BUSINESS UCLA Extension Campus 261 S. Figueroa Street Los Angeles, California November 18, 2011 1. INTRODUCTION/WELCOME (Wayne Johnson) (10 minutes) 1 (a) Orientation to
More informationLife s brighter under the sun. Business Succession Planning Checklist
Life s brighter under the sun Business Succession Planning Checklist Table Of Contents Table of Contents......................................................................... 3 The Family Business........................................................................
More informationHow To Form A Corporation
CORPORATE LAW PARALEGAL 2007 revision and update by Karen L. Roberts, Otten Johnson Robinson Neff & Ragonetti. 2007 revision and update reviewed by Douglas J. Becker, Esq., Otten Johnson Robinson Neff
More informationCONSIDERATIONS IN BUYING AND SELLING A BUSINESS
CONSIDERATIONS IN BUYING AND SELLING A BUSINESS David H. Pettit, Esq. Feil, Pettit & Williams, PLC Charlottesville, VA I. Ownership A. Are the owners of sound mind and in agreement? B. Can the transaction
More informationTITLE 7 CORPORATIONS CHAPTER 7-1 GOVERNMENTAL CORPORATIONS AND LIMITED LIABILITY COMPANIES
TITLE 7 CORPORATIONS CHAPTER 7-1 GOVERNMENTAL CORPORATIONS AND LIMITED LIABILITY COMPANIES 7-1-1 Corporations and Limited Liability Companies Authorized This Act shall be known as the Tribal Governmental
More informationTEXAS GENERAL DURABLE POWER OF ATTORNEY THE POWERS YOU GRANT BELOW ARE EFFECTIVE EVEN IF YOU BECOME DISABLED OR INCOMPETENT
TEXAS GENERAL DURABLE POWER OF ATTORNEY THE POWERS YOU GRANT BELOW ARE EFFECTIVE EVEN IF YOU BECOME DISABLED OR INCOMPETENT NOTICE: THE POWERS GRANTED BY THIS DOCUMENT ARE BROAD AND SWEEPING. THEY ARE
More informationSTUDENT LOAN DEFAULT MANAGEMENT SERVICES AGREEMENT Between. and HARRISBURG AREA COMMUNITY COLLEGE
STUDENT LOAN DEFAULT MANAGEMENT SERVICES AGREEMENT Between and HARRISBURG AREA COMMUNITY COLLEGE This Agreement is made between Harrisburg Area Community College (HACC), whose primary address is One HACC
More informationAPPLICATION for NATIONAL CERTIFICATION as a WOMEN BUSINESS ENTERPRISE
APPLICATION for NATIONAL CERTIFICATION as a WOMEN BUSINESS ENTERPRISE Instructions for downloading this WBE application: 1. If you are reading this, then you have successfully opened this application from
More informationInstructions Forming a Delaware Corporation
Contact Information State Business Entities Department: Delaware Department of State Division of Corporations Mailing Address: 401 Federal Street Suite 4 Dover, DE 19901-3639 Physical Address: 401 Federal
More informationChapter 15: Selling a Business: Asset vs. Stock Sale
Chapter 15: Selling a Business: Asset vs. The purchase price of a business can depend on whether or not the sale is a stock or asset sale. For corporations, sellers always want to sell stock, while buyers
More informationHow To Finance A Building Project
222 N. 32 nd Street, Suite 200 Billings, MT 59101 Phone (406) 869-8403 Fax (406) 256-6877 www.bigskyeda-edc.org RLF LOAN APPLICATION Operating Company Company Address City Zip Principal in charge Work
More informationBUSINESS LOAN APPLICATION
BUSINESS LOAN APPLICATION One Commerce Park P. O. Box 160 Shallowater,Texas 79363 Phone - 806.832.4525 Fax - 806.832.5849 EMAIL ADDRESS - MARK@FSBSHALLOWATER.COM Page 9 of 23 Commercial Loan Application:
More informationNegotiating and Structuring the BUSINESS DIVORCE
Negotiating and Structuring the BUSINESS DIVORCE Curtis L. Golkow Golkow Business Law LLC Pennsylvania Bar Institute 2012 Presentation for PBI Seminar, Owners Disputes in Closely Held Corporations, Partnerships
More informationAtlanta Bar Association LAWYER REFERRAL AND INFORMATION SERVICE OPERATING RULES
Atlanta Bar Association LAWYER REFERRAL AND INFORMATION SERVICE OPERATING RULES The Board of Trustees for the Lawyer Referral and Information Service shall be responsible for the general oversight of the
More informationSouthwest Initiative Foundation LOAN PROGRAMS APPLICATION
Southwest Initiative Foundation LOAN PROGRAMS APPLICATION I. Basic Information: Business Name Address City Zip Contact Person Telephone # E-mail Address Website Social Security # -or- Fed ID # Does your
More informationCorporate Tax Planning
Corporate Tax Planning Course Description & Study Guide This course examines and explains the practical aspects of using the closely held corporation to maximize after-tax return on business operations.
More informationLLC Operating Agreement With Corporate Structure (Delaware)
LLC Operating Agreement With Corporate Structure (Delaware) Document 1080B www.leaplaw.com Access to this document and the LeapLaw web site is provided with the understanding that neither LeapLaw Inc.
More informationEMPLOYMENT PRACTICES LIABILITY ENDORSEMENT
ENDORSEMENT NO: This endorsement, effective 12:01 am, policy number forms part of issued to: by: THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EMPLOYMENT PRACTICES LIABILITY ENDORSEMENT
More informationAN INTRODUCTION TO VIRGINIA LIMITED LIABILITY COMPANIES
AN INTRODUCTION TO VIRGINIA LIMITED LIABILITY COMPANIES Eric C. Perkins, Esq. Perkins Law, PLLC 4870 Sadler Road, Suite 300 Glen Allen, Virginia 23060 (804) 205-5162 www.ericperkinslaw.com Introduction
More informationM E M O R A N D U M LIMITED LIABILITY: KNOW THE LIMITS
M E M O R A N D U M TO: The Members or Managers FROM: Terri L. Giampetroni Legal Strategies, P.C. You have chosen to do business through the use of a Michigan limited liability company. Your company provides
More informationINTERNATIONAL BUSINESS BROKERS ASSOCIATION BUSINESS BROKERAGE STANDARDS
INTERNATIONAL BUSINESS BROKERS ASSOCIATION BUSINESS BROKERAGE STANDARDS Board Approved 6/98 Revised 5/05 Board Approved 6/05 7100 East Pleasant Valley Rd., Suite 160 Independence, OH 44131 888-686-4222
More informationBarry E. Yellin, JD, MBA, LL.M (Taxation) Yellin Lawyers, P.C.
Barry E. Yellin, JD, MBA, LL.M (Taxation) Yellin Lawyers, P.C. Provide basic principles of financial planning because physicians have little business training. Covering student years, residency & first
More informationBasic Questions on Due Diligence
Success Stories Professional Resources Businesses for Sale Website Creative Business Services has served Wisconsin for over 31 years. As one of the leading business brokerage and mergers and acquisitions
More informationPITTSBURG UNIFIED SCHOOL DISTRICT
PITTSBURG UNIFIED SCHOOL DISTRICT New Construction and Modernization Projects PRE-QUALIFICATION PROGRAM QUESTIONNAIRE FOR PROJECTS $20 MILLION AND OVER TABLE OF CONTENTS PAGE NO. GENERAL INFORMATION.......i
More informationOnline Advisor October 2015. Major Tax Deadlines For October 2015
Online Advisor October 2015 Major Tax Deadlines For October 2015 * October 1 - Generally the deadline for self-employeds and small businesses to establish a SIMPLE retirement plan for 2015. * October 15
More informationAPPLICATION FOR EMPLOYMENT PRACTICES LIABILITY INSURANCE
APPLICATION FOR EMPLOYMENT PRACTICES LIABILITY INSURANCE INSTRUCTIONS: 1. Answer all questions (if not applicable, show N/A) and attach all additional information/explanations as required. 2. Applications
More informationCHOOSING A BUSINESS ENTITY IN TODAY S BUSINESS WORLD
CHOOSING A BUSINESS ENTITY IN TODAY S BUSINESS WORLD Kenneth L. Wenzel Bourland, Wall & Wenzel, P.C. City Center Tower II 301 Commerce Street, Suite 1500 Fort Worth, Texas 76102-4115 The information set
More informationInformation and Frequently Asked Questions for Employee Stock Ownership Plan (ESOP) Participants
Information and Frequently Asked Questions for Employee Stock Ownership Plan (ESOP) Participants An Opportunity to Take Part in Your Company's Success If you ve been invited to participate in your company
More informationSample Due Diligence Checklist
Sample Due Diligence Checklist 01.0. CORPORATE ORGANIZATION AND HISTORY 1.1. - Overview of corporate legal structure, banking relationships (other than transaction financing), organizational charts and
More informationMASTER AGREEMENT FOR PROJECT MANAGEMENT AND CONSTRUCTION MANAGEMENT SERVICES
MASTER AGREEMENT FOR PROJECT MANAGEMENT AND CONSTRUCTION MANAGEMENT SERVICES THIS AGREEMENT is made and entered into this day of, 2007, by and between the University of Washington ( Owner ) and, ( Project
More informationA Guide to Crowdfunding for Companies Seeking to Raise Capital
A Guide to Crowdfunding for Companies Seeking to Raise Capital A publication of the Securities Law Practice mefiifmp=kfwbo LLP June 2012 On April 5, 2012, President Obama signed into law the Jumpstart
More informationCAMBRIDGE PROPERTY & CASUALTY SPECIAL REPORT
CAMBRIDGE PROPERTY & CASUALTY SPECIAL REPORT BUT WE RE A PRIVATE CORPORATION AND DON T NEED DIRECTORS & OFFICERS LIABILITY INSURANCE This Special Report was written by Kenneth R. Hale, J.D., CPCU, AAI,
More informationSmall Business Essentials: Bringing Business Law Down to Earth
Small Business Essentials: Bringing Business Law Down to Earth A SERIES OFFERED BY Attorneys aren t from Mars. Business clients aren t from Venus. PRESENTED BY Business Risk Two phases of the business
More informationSPECIMEN. (1) advising, counseling or giving notice to employees, participants or beneficiaries with respect to any Plan;
In consideration of payment of the premium and subject to the Declarations, limitations, conditions, provisions and other terms of this Policy, the Company and the Insureds agree as follows: I. INSURING
More informationCALIFORNIA GENERAL DURABLE POWER OF ATTORNEY THE POWERS YOU GRANT BELOW ARE EFFECTIVE EVEN IF YOU BECOME DISABLED OR INCOMPETENT
CALIFORNIA GENERAL DURABLE POWER OF ATTORNEY THE POWERS YOU GRANT BELOW ARE EFFECTIVE EVEN IF YOU BECOME DISABLED OR INCOMPETENT CAUTION: A DURABLE POWER OF ATTORNEY IS AN IMPORTANT LEGAL DOCUMENT. BY
More informationPERSONAL DOCUMENT ORGANIZER
PERSONAL DOCUMENT ORGANIZER We suggest saving this organizer in a secure location either in printed format or electronic format. You may also wish to consider emailing a copy of this document to your attorney,
More informationPUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE
PUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016 EFFECTIVE: JULY 1, 2015 PUBLIC ENTITY RISK MANAGEMENT
More informationSTATE UNIVERSITY OF NEW YORK COLLEGE OF TECHNOLOGY CANTON, NEW YORK COURSE OUTLINE BSAD 202 - BUSINESS LAW II. Prepared By: William Jones
STATE UNIVERSITY OF NEW YORK COLLEGE OF TECHNOLOGY CANTON, NEW YORK COURSE OUTLINE BSAD 202 - BUSINESS LAW II Prepared By: William Jones SCHOOL OF BUSINESS AND PUBLIC SERVICE BUSINESS DEPARTMENT MARCH
More informationGuide to Commercial Insurance
Guide to Commercial Insurance Introduction Operating a successful business today requires knowledge in many different areas, and one of the most important things to consider are the types and amounts of
More informationINDEPENDENT CONTRACTOR SUPPLIER AGREEMENT. and include your affiliates. We, us, our, and ours refer to ConSol Partners, LLC. Client refers to.
Parties You, your, and yours refer to INDEPENDENT CONTRACTOR SUPPLIER AGREEMENT and include your affiliates. We, us, our, and ours refer to ConSol Partners, LLC. Client refers to. Services Provided We
More informationBusiness Succession Planning
Business Succession Planning with Key Person Coverage and Buy-Sell Agreements Program Highlights & Fact Finder You put maximum effort into establishing and running your business. But are you taking the
More informationOptions for Worker Co-op Legal Structure
Options for Worker Co-op Legal Structure California Co-op Conference Jenny Kassan, Katovich Law Group jenny@katovichlaw.com (510) 834-4530 August 16, 2009 Options for Worker Co-op Legal Structure Cooperative
More informationSTARTING A NEW LIMITED-LIABILITY COMPANY Doing It Right by Layne T. Rushforth
Doing It Right by Layne T. Rushforth 1. LLC BASICS: A limited-liability company (or LLC ) is a legal entity that is established to do business. An LLC is established so that the company is an entity that
More informationApplication. Professional Liability Insurance for Law Firms
Application Professional Liability Insurance for Law Firms (Short Form) Notice: Professional liability insurance coverage is provided on a Claims Made basis. Only claims that are first made against the
More informationSeven Insurance Options to Help You Reduce Risk and Achieve Your Business Goals
Seven Insurance Options to Help You Reduce Risk and Achieve Your Business Goals A Guide to Navigate Today s Complex Business Environment As a business executive, you understand that the current economic
More informationINSURANCE REQUIREMENTS FOR VENDORS
INSURANCE REQUIREMENTS FOR VENDORS The Contractor/Vendor shall purchase and maintain for the duration of the contract/work insurance against claims for injuries to persons or damages to property which
More informationRights & Obligations under the Nebraska Workers Compensation Law
Nebraska Workers Compensation Court Information Sheet: Rights & Obligations under the Nebraska Workers Compensation Law NEBRASKA WORKERS COMPENSATION COURT OFFICIAL SEAL What is workers compensation? Workers
More informationOPERATING AGREEMENT of. This Operating Agreement (the "Agreement") made and entered into this 21st day of June, 2016 (the "Execution Date"), of,,
OPERATING AGREEMENT of This Operating Agreement (the "Agreement") made and entered into this 21st day of June, 2016 (the "Execution Date"), BY: of,, (the "Member"). BACKGROUND: A. The Member wishes to
More informationTHE UNIVERSITY OF UTAH INDEPENDENT CONTRACTOR SERVICES AGREEMENT INSTRUCTIONS
THE UNIVERSITY OF UTAH INDEPENDENT CONTRACTOR SERVICES AGREEMENT INSTRUCTIONS Contracting for Independent Contractor services with the University of Utah may require completion of the following: Employee/Independent
More informationDirectors and officers liability best practices guidelines
Directors and officers liability best practices guidelines DIRECTORS AND OFFICERS LIABILITY BEST PRACTICES GUIDELINES INTRODUCTION A continuing challenge to all business is the efficient functioning of
More information