Why is an Operating Agreement Essential to My Small Business?
In today's Freedom Friday blog and email newsletter, I want to talk about a topic that comes up a lot with prospective clients who want to start a new business, or who want to restructure their small business, especially if they're using an LLC business structure, and that's “Why is an operating...
Why is an Operating Agreement Essential to My Small Business? Continue reading…Why Should My Small Business Borrow Money?
There are a lot of different views out there about borrowing money for your small business. Some people think you should not borrow money at all for your small business as a hard and fast rule. Then there are some people out there who might be against borrowing large sums of money,...
Why Should My Small Business Borrow Money? Continue reading…What is Asset Protection Planning?
Although Liberty Legal Solutions, LLC, focuses on business law and civil litigation services, I get a lot of inquiries about wills, and even more about trusts. While there are other lawyers out there who focus exclusively (and expensively) on estate planning, it's almost expected in Oklahoma that if you have a business...
What is Asset Protection Planning? Continue reading…Why Does Your Small Business Need a Buy-Sell Agreement?
In today's Freedom Friday blog and email newsletter, we're once again going to answer one of those questions that are maybe less frequently asked, and that is, “Why does your small business need a buy-sell agreement?” Now, first of all, if you're a solopreneur, or the only owner of your small business,...
Why Does Your Small Business Need a Buy-Sell Agreement? Continue reading…Why Should the Buyer Beware?
Have you ever heard the saying, “Caveat emptor, let the buyer beware”? I've heard that saying all my life, usually regarding the claims of products which might not produce the result I was looking for. This is why you need to be cautious if you're buying a house and its being sold...
Why Should the Buyer Beware? Continue reading…What is a Commercial Claim?
Before I get into this week's Freedom Friday blog and email newsletter, I apologize that we did not have an issue released last Friday. My wife and I have been recovering from Covid, which has slowed down a number of projects. We are doing much better, though, and we appreciate your thoughts...
What is a Commercial Claim? Continue reading…Why Are Vendor Contracts So Important?
Just about ever small business owner has vendors. Even vendors have vendors. In today's Freedom Friday blog, I want to answer an important question that is not always asked, and that is “Why are vendor contracts so important?” First of all, what's a vendor? A vendor is a business...
Why Are Vendor Contracts So Important? Continue reading…What is Arbitration?
Have you ever got a new credit card in the mail, and skipped reading the paperwork they send with it? Or how about gone to buy a new car? Do you read the contract for the car or your financing? If you're in business, do you read the fine print of your...
What is Arbitration? Continue reading…How Can My Small Business Avoid Employee Problems?
In today's Freedom Friday blog and email newsletter, I want to discuss one more rarely asked question, and that's how your small business can avoid employee problems. If your small business has employees (not independent contractors), then you need to take steps to protect you as the small business owner, and also...
How Can My Small Business Avoid Employee Problems? Continue reading…How Can My Small Business Avoid Partner Disputes?
In today's Freedom Friday blog and email newsletter, I want to discuss another rarely asked question, and that is how your small business can avoid partner disputes. No one wants to be in business with a “partner” who is not pulling their weight in the business venture. But no one wants to...
How Can My Small Business Avoid Partner Disputes? Continue reading…How Can My Small Business Avoid a Breach of Contract Lawsuit?
In today's Freedom Friday blog and email newsletter, I want to discuss another question that is rarely asked, but should be, and that is how your small business can avoid a lawsuit, specifically, a breach of contract lawsuit. No one wants to be part of a lawsuit. Lawsuits can be expensive and...
How Can My Small Business Avoid a Breach of Contract Lawsuit? Continue reading…Why Does Your Small Business Need a Succession Plan?
In today's Freedom Friday blog and email newsletter, I want to discuss a question that is rarely asked, but should be, and that is why your small business needs a succession plan. No one wants to plan for the event when they either pass away, become incapacitated, or for some reason are...
Why Does Your Small Business Need a Succession Plan? Continue reading…