Tag: small business
-
Buy-sell agreements are the most neglected document in private business
Most private companies never draft a buy-sell agreement until they desperately need one. By then, it’s too late to write fairly — or sometimes at all.
-
Single-member LLCs offer almost none of the protection people think they do
Single-member LLCs are sold as personal liability shields. In practice, courts pierce them routinely — and the protection most owners imagine isn’t real.
-
Businesses are not always prepared
Most small businesses assume they’re ready for disruption, but data shows they fold after a single bad week. Here’s where preparedness actually breaks down.
-
The Mister Softee Turf Wars of New York City
Behind the cheerful jingle lies a real territorial conflict between Mister Softee and rival ice cream trucks across NYC streets, including lawsuits and confrontations.
-
Cease-and-desist letters are usually bluffs and lawyers know it
Cease-and-desist letters look terrifying by design, but most are theatrical. Here’s why lawyers send them and why receiving one rarely means you’ll be sued.
-
The Dark Side of the Jingle: Noise Ordinances, Bans, and Complaints Against Ice Cream Trucks
Ice cream truck jingles are nostalgic for some and a daily nuisance for others. Cities and HOAs are restricting them, and operators are pushing back.
-
LLCs are over-recommended by lawyers who profit from filing them
Forming an LLC is the default advice for any new business, but many sole proprietors don’t need one. Here’s the conflict of interest behind the recommendation.
-
The FTC’s non-compete ban went too far and small businesses are paying for it
Banning non-competes for fast food workers made sense. Banning them for senior engineers and acquired founders is a different policy — and small businesses are taking the hit.
-
The real-world cost: harassment, threats, and trauma for businesses falsely accused
Pizzagate didn’t end with a debunking. Comet Ping Pong, neighboring shops, and unrelated businesses absorbed years of threats — and many never recovered.
-
Piercing the corporate veil happens more than entrepreneurs are warned
Forming an LLC isn’t bulletproof. Courts pierce the corporate veil more often than founders expect, exposing personal assets when structure isn’t maintained.