Avoid lawyers and lawsuits: Watch what you write and type
Oct 21, 2010
What do you think is the best way to do business? Most clients tell me by handshake. The real answer is in writing.
Well-drafted,
easy to read contracts stop arguments before they begin. A little ni...
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Good News for Good Businesses: Snake Oil* Sellers Beware
Oct 21, 2010
Ever
wonder how unscrupulous sellers get away with going door to door (or
phone to phone) spewingpitches for deals that are too good to be true?Whether
its a fund-raising scam, a vacation club, o...
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Succession Planning - How to Divorce or Die or Retire with Dignity (and a little money)
Oct 21, 2010
Does your business have a viable business succession plan? Ask yourself the following question.
Would your business survive if you (or your partner):
- got divorced? got married (to a Yoko [1])?- d...
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They can't sue me. I am a corporation.
Oct 21, 2010
Small
businesses owners hiding behind the mantra I cant get sued! I am a
corporation! must remove misconceptions.Anyone can sue anyone for
anything. If you form avalid business entity, however,yo...
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Get it Right the First TIme
Oct 21, 2010
Running to the secretary of state to get corporate filings is not the first step in developing your business.
Incorporating
before your business has an identity is like getting a marriage license
...
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The (business) Climate in Iowa
Oct 21, 2010
I saw only the title of a New York Times piece by Nicholas Kristof titled "The Happiest People" and started to write about "The Happiest Businesses." Kristof'sstory
is about Costa Rica. The author cr...
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Avoid [paying for] litigation: Indemnification Agreements
Oct 21, 2010
Businesses
use Indemnity Agreements to avoid paying for litigation.
Indemnification Agreements allow parties to contract so that one party
(indemnitor) will pay the other for any loss suffered by...
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Arbitration: Decision by the Village Elder
Oct 21, 2010
Arbitration and mediation are NOT the same even though they are both considered forms of alternative dispute resolution (ADR). Many myths surround arbitration.
Benefit
1: Arbitration may take less p...
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Practices that Supplement Contracts
Oct 21, 2010
How Many in a Baker's Dozen?
Industry practices and specific relationships may create unwritten contractual terms that bind the parties. This blog has more legal analysis than usual, but read on. Re...
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Who is the real judge: Simon Cowell, Stephen Breyer, David Baker?*
Oct 21, 2010
Can you name an American Idol judge? (Most people can.) Can you name a Supreme Court Justice? (Most Americans cannot even name the three branches of government.)
Sandra Day OConnor was in Des Moines t...
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