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Escape the MCA trap. While we do not recommend stiffing anyone who has lent you money, you do have strategies available to escape the MCA trap. You either exit the MCA or workaround the MCA. But first, know what you are getting into. Look for warning signs before you sign the MCA. Confessions of Judgment Read More
Who should NOT use them? It’s a rough way to start the day. You are a restaurant owner and sales have been inconsistent lately. Your power bill is past due, and you must pay it today, or the utility will disconnect your electricity for nonpayment. Last night when you checked, you had sales transactions that Read More
By James Chittenden If you are looking to buy an existing small or medium business, protect yourself by looking for red flags in small/medium business finances. If you are looking to sell a business, clean up your books and implement the controls we recommend below. Clean finances increase the value of a business. Sloppy books Read More
By Derek Goodman Most conversations about law school focus on the legal career it leads to. The salary projections, the prestige, the years of study, the bar exam. What gets discussed less often is the business argument for pursuing a J.D., the case that, for a specific kind of founder targeting a specific kind of Read More
