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I am creating a Limited liability Partnership Agreement for a start up business. I need help with jurisdiction and whether or not the sum of 500 dollars a month is in line with federal minimum wage laws.In addition to what the value of cash is insofar as the establishment, development and branding... View More 
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answered on Aug 9, 2021
As you probably already know, the basis for any successful business is a clear and cogent "agreement" between the founding members or partners. In an LLC or an LLP, such "agreement" would be embraced within an Operating Agreement ... which outlines management responsibilities... View More
Hello, I am planning to found my own consulting firm. I am helping startups in the US and EU with public policy, grant strategy, fundraising and business partnerships. Should it be a LLC or sole proprietor? Which one will be better for tax-wise?
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answered on Aug 6, 2021
The answer depends upon three initial focus points: [1] your exposure to liability ... [2] your desired management structure and [3] how you would like to see ownership and succession. The next step for you would be to schedule at least two free initial calls with attorneys of your choice ... by... View More
Almost 2 months already,still unfinished. Probably the cost left to be done is less than $2000 and that is still a lot of money to us.
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answered on May 21, 2021
A couple of initial questions ... [1] is the landscaper a licensed contractor ... [2] do you have a signed agreement for services ... [3] you will want to schedule a video call with at least two attorneys of your choice to discuss the next steps in the resolution process.
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answered on May 7, 2021
"Global Non-Compete" language is always open to suspicion ... As you might imagine, the answer is "it depends" and I would suggest that you schedule a video call or telephone call with at least two attorneys ... to have that initial free 30 minute consultation ...
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answered on Mar 25, 2021
As a general rule, you can place most contingencies as a pre-condition to payment ... so long as it is reasonable and objective in nature. The issues for you will be "acting in good faith" and "with fiduciary care" in developing that "certain amount of profit". You MAY... View More
Hello. Thank you for reviewing my question. I am under contract (Services Agreement) that pays a fixed amount per month (regardless of the number of working days). The contract is terminating mid-month and the contract provider is requesting that I submit a final invoice for only the working days.... View More
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answered on Mar 12, 2021
First, we would need to review the written agreement ... then to read your current relevant facts ... then schedule a free initial video call discussion on your options and remedies ... let us know your thoughts ... thank you.
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answered on Mar 8, 2021
First ... we would need to review the terms and conditions of the partnership contract ... along with a review of the relevant facts ... I would suggest that you take advantage of a "free initial consultation" with at least two attorneys of your choice... and then we can proceed from there.
I want to become a first time business owner and was wondering which would suite me the best in terms of taxes, protection, and future costs? I am planning to elect to file taxes under S-Corp subsection for either of these business entities that I am willing to go with.
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answered on Feb 22, 2021
The answer to your question should be developed in an initial free consultation by video call or telephone call. The short answer is ... it depends" ... upon your preferred management structure, the operations plan, your succession plan ... and how well you get along with others ...
I receive an email today from SBA.gov and they asked me for the following information.
Why would they ask me for this information now when I already got approved?
They are also asking me "A statement that the LLC held a meeting and specify the date" I don't hold... View More
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answered on Feb 19, 2021
The short answer is that to qualify for the EIDL money, you would need to have had a meeting to authorize the LLC taking on that financial responsibility.
I would recommend that we schedule a free initial consultation to discuss additional requisite facts … and how to best move forward.
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answered on Nov 29, 2020
Yes ... and as you might imagine, the simplicity or complexity ... and the actual budget will depend upon a variety of factors. Our basic LLC formation package is about $500 ...
I’m a nurse anesthetist with a professional corporation
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answered on Nov 3, 2020
As you might imagine, the process starts with an initial free video call consultation ... to discuss what you have in mind ... the proposed ownership/management structure ... along with the intended services to be delivered ... either directly to patients and/or through other service providers.... View More
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answered on Oct 28, 2020
Well, as you might imagine, there are a number of legal and business issues in dealing with suppliers or customers in another country ... and China poses a few unique issues. So, the first step is to schedule a free initial video call or telephone call with at least two attorneys of your choice to... View More
Ideally I do not want to purchase the business name etc I will change it to a smog check station. Also if you can go over the lease it would be great.
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answered on Oct 25, 2020
Yes, what you are requesting is possible ... and, as you might imagine, there are a number of other issues to consider. I would recommend that you schedule a few initial free consultations, by video call or telephone call, with two or three different attorneys ... Shawn Jackson - Business... View More
I signed my commercial lease to open a boutique fitness studio in March 2020, right before the locked down that no one could have predicted at the time I signed my lease. Due to a number of factors I still don’t have possession of the place, haven’t started buildout and my commencement period... View More
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answered on Oct 18, 2020
Understood ... so, your first step is to engage an attorney of your choice to schedule a free initial video call consultation ... which starts with you emailing us a copy of the signed commercial lease ... you have several options depending upon the signed lease and the surrounding facts and... View More
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answered on Sep 27, 2020
The basic requirements will depend upon a variety of facts and goals ... I would recommend that we schedule a video call for our initial free consultation to discuss.... Shawn Jackson - Business Development Attorney.
A friend convinced me that I needed an LLC to sell homemade masks to friends and family or on Etsy. He says there will be tons of lawsuits against mask makers if people get covid. Do you think this is a serious risk to my little homemade business, even if I have a disclaimer saying these masks are... View More
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answered on Aug 19, 2020
Well ... as a general rule, you will want three "hurdles" between you and the litigation attorneys. [1] a legal entity like a corporation or LLC ... [2] good insurance and ... [3] good management/disclosure protocols. Most of the time, a litigation attorney can get over two of the... View More
I’m still expected to pay the lease every mo (and have paid) It has been months, what can i do? This doesn’t include a large amount of rodent droppings and bird droppings left behind!
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answered on Jul 24, 2020
Well, as you might imagine... as a paying commercial tenant, you have the right to fully occupy the premises on the assumption that the lease agreement grants you the defined use of the space. The decision will boil down to what in written in the commercial lease... you will want to schedule a... View More
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answered on Jul 1, 2020
That depends … upon what is the "consideration" supporting the "cash transfer" … along with the underlying agreement between the parties... so, more information is needed … and/or request an initial free consultation by video call or telephone call with the attorney of your choice.
We own a commercial property, it’s 50 percent mine/my wife and 50 percent my brothers / his wife.
My brother is getting divorced and now I am wondering how this will impact me. I have enough liquidity to buy him and his wife out but what if they don’t want to sell?
What are my... View More
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answered on May 3, 2020
It depends on how the owners hold title … whether as within an LLC or as individual property owners. The process for resolution in these types of situations is mediation, since the "family" will continue regardless of the divorce … and it is often better, if possible, to engage a... View More
I'm a limited partner in a partnership. The managing partners who are also majority shareholders are amending the operating agreement which includes clause that changes how limited partner can exit. I want to understand my position. Can the amendment get approved if I vote no but the majority... View More
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answered on Apr 3, 2020
Well, the first item on our review list would be … what does the current LLC Operating Agreement state regarding such "votes" and "changes" to the current agreement. Often times, such changes require a unanimous vote … and even in the absence of a requirement of a unanimous... View More
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