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Should I Incorporate or Form an LLC in 2024?

Posted by Jonathan Krems | Dec 05, 2024 | 0 Comments

In this week's Freedom Friday blog and email newsletter, I want to talk about a question that I don't get asked a lot about, but it sometimes comes up, and that's what kind of business entity they should form.  Should I form an LLC, or a corporation, or something else?  That's the question.  Now,...

Happy Thanksgiving 2024

Posted by Jonathan Krems | Nov 27, 2024 | 0 Comments

Once again, this week is Thanksgiving, and while you may be already on your Thanksgiving vacation, the Freedom Friday blog and email newsletter is coming out just in time for the holiday.  I apologize if you're not reading this until you get back on Monday, but I want to take a moment aside from ...

What is a Holding Company in 2024?

Posted by Jonathan Krems | Nov 22, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a topic that I get asked about on occasion by real estate people, and that's holding companies.  Usually someone wants to buy real estate investment properties and asks what the best way to do that is.  Sometimes they ask i...

Let the Buyer Beware - Red Flags in a Business Lease

Posted by Jonathan Krems | Nov 14, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a topic that I probably should get asked more about than I actually do.  In fact, this past week, a client came to me about an asset purchase agreement but mentioned also a lease that would be involved once he purchased a b...

What is an Oklahoma Business Conversion?

Posted by Jonathan Krems | Nov 07, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about something that I am sometimes asked about, and that's how an LLC can become a corporation, or more likely, how a corporation can become an LLC.  This process is what is called a “conversion,” which is a strange term, becaus...

What are My Next Steps after Forming an LLC?

Posted by Jonathan Krems | Nov 01, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about something that doesn't come up enough.  This is especially true when I deal with clients, maybe a single-member LLC owner, or even a multi-member LLC owner if it's just two members.  In these cases, someone formed an LLC wi...

How Can I Resolve a Partnership Dispute?

Posted by Jonathan Krems | Oct 25, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a topic that I get often asked about, in one form or another, and that is partnership disputes.  This sometimes comes up as a litigation question, but sometimes it's not being litigated at all.  Sometimes its mutual and bus...

How to Buy and Sell a Business in 2024

Posted by Jonathan Krems | Oct 18, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about something that I don't get asked about enough, but should be asked more often, and that's buying and selling a business.  I've touched on this subject before in the Freedom Friday blog and email newsletter but wanted to tal...

Are Non-Compete Agreements Allowed in Oklahoma?

Posted by Jonathan Krems | Oct 10, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about something that I get asked about occasionally, but not the way I should be asked about it.  Usually, the prospective client will ask me something along the lines of, “Here's a non-compete agreement I want my employees or in...

How to Sell Commercial Property in Oklahoma

Posted by Jonathan Krems | Oct 03, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a topic that I probably don't get asked about enough, and that's the sale of commercial property.  Whether the sale is a part of buying and selling an actual business concern, or is separate from it, commercial real estate ...

What is a General Partnership in 2024?

Posted by Jonathan Krems | Sep 27, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a topic that comes up more with my transactional clients, especially those interested in forming a business with “partner(s),” and what business entity I will recommend.  This also comes up when certain clients have already...

Where Can My Small Business Be Sued?

Posted by Jonathan Krems | Sep 20, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a topic that comes up frequently with my litigation clients, both those who are facing lawsuits, and also with those where they are suing other businesses, etc., and that's where can their small business be sued.  Equally i...

How Can I Manage Risks with Independent Contractors?

Posted by Jonathan Krems | Sep 12, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to continue to talk about topics that relate to the construction industry.  I get a lot of inquiries about construction disputes, and also how to prevent them.  One area that I get asked about a lot is independent contractors, and how to...

What are Common Construction Disputes?

Posted by Jonathan Krems | Sep 06, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about something else that I get asked about, in different ways, and that is issues in the construction industry.  We've had several clients, both former and current clients, who have had issues in the construction industry.  Whet...

What are Common Problems with Business Partners?

Posted by Jonathan Krems | Aug 29, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about something that I get asked about a lot in an LLC where there is more than one owner, and that's problems with business partners.  This can come in the form of a business partner who is a problem, or who is causing a problem...

Oklahoma Commercial Collections in 2024

Posted by Jonathan Krems | Aug 22, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about an important topic, that is a core practice area for my law firm, Liberty Legal Solutions, LLC, and that's commercial collections.  What is a commercial collections practice?  Many people are familiar with debt collection, ...

How to Handle Commercial Property Disputes

Posted by Jonathan Krems | Aug 16, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to discuss a topic related to last week's blog and email newsletter.  Last week, I answered the question, “What is the best business structure for a rental property?”  Because many of my clients here at Liberty Legal Solutions, LLC, have...

What is a Buy-Sell Agreement in 2024?

Posted by Jonathan Krems | Jul 11, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a topic that often comes up with my business formation clients, especially those that are starting a new LLC and its two or more “partners” forming the business together.  In such a case, the LLC operating agreement needs t...

How Can a Small Business Get a Favorable Lease?

Posted by Jonathan Krems | Jul 04, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I'm going to take a deeper dive into a topic I discussed a few weeks ago.  A few weeks ago in the Freedom Friday blog and email newsletter, I talked about the basics of a commercial lease agreement.  In today's Freedom Friday blog and email new...

How Can a Small Business Resolve Non-Payment Issues?

Posted by Jonathan Krems | Jun 20, 2024 | 0 Comments

In today's Freedom Friday blog and email newsletter, I want to talk about a common topic, which I get asked about very frequently by both clients and prospective clients, and that's how can my small business deal with non-paying customers?  Sometimes invoices are past due 30 days, 60 days, or eve...

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