Although we may not have met, you have our sympathies for loss of your job. It’s a shock and leaves you with a great deal of uncertainty and loss. It’s depressing. It sucks. But in the long term, the news is good. Life goes on. If your job caused dread and anxiety, that’s gone. If Read More

“Michael” owned an upscale sports car business. If you wanted to purchase a slightly-used Mercedes-Benz, Ferrari, Lamborghini, or Bugatti, Michael was your guy. If you wanted to customize your car with decals, mag wheels, or other “aftermarket” accouterments, call Michael. It could be a glamorous business, but it has a small, specialized market, not known Read More

There is a very popular website for entrepreneurs which I will not name, but which offers to provide legal roadmaps to budding creators of businesses.  The home screen has a cool button which walks the user through a series of questions about the start-up venture.  The questions that are asked relate to the location of Read More

According to often published statistics, more than 80 percent of small businesses fail. On the surface, this is lamentable and common scapegoats for small business failure are often “the economy” or “systemic disadvantages for small businesses” or “lack of access to capital”. However, the causes for business failure are quite often preventable through sound practices, Read More

Costs to start businesses vary wildly according to industry, location, and size. Clearly, it costs more to start a car dealership than it does to start a lawn service. But when it comes to startup costs, you must plan for the unplanned. We know that business planning can be a dry subject. Check out the Read More

“Getting Things Done Through People Who Do Not Care” Be unstoppable! You had it right when you were a baby, before the world taught you that persistence is pesky. Learn from a baby. A baby does not stop crying until her need is met. Is there a step by step process? Again, success is not Read More

“Pete” owns and operates a well-established plumbing company, founded in the 1920s. Pete had about two dozen employees and was a fixture in his community and the local Chamber of Commerce. For many years, his business thrived, providing plumbing contracting services to the local public school district. In 2008, the collapse of the real estate Read More

“Johnny” founded an LLC. The LLC was to be an a.m. radio show that covered topics of music, nightlife, and the social scene in New York City. He was also planning an informational website in conjunction with the show with an e-commerce function that would sell promotional merchandise such as t-shirts, hats, key chains and Read More

“Ophelia” is a recently retired New York state corrections officer. I contacted her in advance of her incorporating her business. Her plans were to start a funeral home in the Queens borough in New York City. After listening to her plans, I described what her banking relationship should look like once she was incorporated. She Read More

I had a conversation with a wealthy married couple who wanted to borrow money to renovate two houses for quick resale. They were both financially savvy, and the wife was a talented decorator. At first, they asked about a mortgage to do this, hoping to hold the mortgages for a short period of time and Read More