Bringing Objectivity To Family Businesses

In this video  (at minute 3:00) the panelists discuss the emotional component of family-owned businesses. “Their decision-making is horribly broken” (at minute 3:55). The consensus on how to fix this: Bring in a dispassionate third party to guide the management and decision-making process. What better candidate for an independent third party can...
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Debt Is (NOT!) Good

Some financial planners advertise that you should have a big, long mortgage. On the other hand this article says that entrepreneurs should limit their debt.  Which is right? I come down firmly on the side of low debt. A new business will take a while to make a profit. If you are deep in debt,...
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LLC Factoid On Limited Liability

In this article, another lawyer mentions one little understood thing about limited liability in any corporate form: your LLC or corporation protects you from personal liability for wrongful acts committed by employees and subcontractors, but it does not protect you from personal liability for wrongful acts you commit personally. I disagree with the...
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Copyright on Photos of Buildings!?

Copyright on Photos of Buildings?! A friend on mine recently posted an article on my Facebook Timeline about copyright infringement by photographing the Eiffel Tower at night. This reminds me of another article about copyright infringement by photographing a parking garage in South Beach, FL. What’s going on here? Can a...
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