Protecting Your Small Business from Immigration Problems

Until such time as Congress finds the wherewithal to do its job, immigrants and illegal aliens in the U.S. who are engaging in commerce, here, will have to deal with significant uncertainties. Nashville business attorney Noel Bagwell explains how businesses owned by nonresident aliens can protect their business interests from immigration problems.

Protect Your Million-Dollar Company with One Powerful Decision

This powerful decision will help you protect your million-dollar business by going beyond cutting costs to maximize your company's value. Usually, when it comes to legal services, you'll find that striking this delicate balance between cost and value is not easy, and will require you to foster a relationship with a business attorney.

Pyramid Schemes, Multi-Level Marketing, and the “Virtual Franchise”

A wise businessperson would do well to be extremely cautious, skeptical, and wary of any business that engages in Pyramid / Multi-Level Marketing / MLM / or structuring of their business relationships--even if they're called something else that seems innocuous, like a "Virtual Franchise".

Brands: Accurate vs. Sexy

In my work as a business attorney who has helped a lot of people start new businesses, I tend to get a lot of questions about branding--specifically about choosing brand names. One specific question that tends to give people a hard time is whether their business name should be appealing or whether it needs to accurately reflect key concepts of the business.

Signet™ General Counsel Legal Service Plans Changing in 2017

We now have three tiers of Signet™ General Counsel legal service plans: an Essentials plan for start-ups and micro businesses, the Advantage plan for most small businesses, and the Ultimate plan for businesses that want our most robust preventive legal solution. Now, with more variety and better scaling, our General Counsel legal service plans will tailor themselves to your business like never before.

Business Formation Legal Service Plans Changing In 2017

In 2017, our excellent Business Formation and Signet™ General Counsel legal service plans are more affordable than ever. We now offer a greater variety of service plans, a more scalable pricing formula for Signet™ General Counsel, and improved synergy between our Business Formation and Signet™ General Counsel legal service plans.

What Entrepreneurs Should Learn from Christopher Columbus

Imagine Christopher Columbus going on Shark Tank. What would that pitch have sounded like? Would Barbara Corcoran or Lori Greiner have given him a deal? I'm thinking probably not. For one thing, the risk he was taking was insane. But risk and reward often have a strong connection, if not an outright correlation. As an entrepreneur, like Columbus, you have to be willing to take huge risks if you want to make a world-changing impact.

Staunching the Flow of Bleeding Hearts, Bleeding Wallets

What is your business? Are you selling goods and services, or are you giving away goods and services? In other words, which comes first, charity or profit? Your bleeding heart doesn't have to bleed your wallet dry, but it will if you don't make the right choices, prioritize your activities, and rely on good professional guidance to get from where you are to where you want to be.

The Stink of Fear

When a client has made mistakes it will cost a lot of money to repair, the fear funk is powerful enough to bring people to tears. If you stink of fear, make a plan. Don't worry about making it perfect. Just have one.

The Maker-Trader Principle

The Maker-Trader Principle, as first stated by me, is: "You can do what you do, or you can do the business of what you do, but most people cannot do both well." Examine your role in your start-up. Are you a maker or a trader? If you are like most people, you're going to need to connect to either a maker or a trader--whichever you are not--if you want to successfully launch a start-up.

Real Diversity is Invisible

Stop focusing on the visible, the superficial, which will inevitably lead you to make some kind of discriminatory decision. Instead, focus on real diversity, diversity of thought, which is invisible but far more important. If the culture of your business is one that encourages openness to new ideas, starting at the top of your organization, the atmosphere of inclusion and respect will demonstrate how much you appreciate everyone's point of view, regardless of race, gender, sexual orientation, etc. Isn't that supposed to be the goal of all efforts to promote workplace diversity?

Workplace Investigations by Outside Counsel – What Do You Have to Lose?

Courts have placed increasing responsibility on employers to conduct investigations of alleged violations of employment laws, and an employer’s defense in seeking to minimize both liability and damages in these situations often depends on its prompt corrective action. Whether or not an employer chooses to use its own legal counsel for such an investigation will directly impact the application of the attorney-client privilege and the attorney work product doctrine.

Improving the Most Important Aspect of Every Relationship

I think expectations are probably what make relationships most difficult to manage. In order to overcome these costly expectations, one must focus on improving the relationship with the person who must decide whether or not to trade with him. Improving a relationship--whether a personal or business relationship--usually comes down to one thing: communication.

A Lawyer’s 7 Laws of Texting in Business (With Commentary)

Our communication, in business, should always be context-appropriate, safe for work, and delivered in the most effective, efficient way possible. Failing to communicate well can lead to business disruption. There are times when texting is appropriate, but using text messages inappropriately is unprofessional and potentially dangerous. Text carefully.

Promises, Promises

It's another Musical Monday, here, on the ExecutiveLP™ blog. Today's feature: Promises, Promises by Naked Eyes. We're going to be talking about the legal consequences of promises, whether or not a broken promise is fraud, and why it benefits you to always ask your attorney.

Three Simple Solutions for Managing Legal Risks

When we observe that legal risk is everywhere, it's not a scare tactic; that's just the reality in living in our litigious, over-regulated society. As a businessperson, you can acknowledge the reality in which you live and adapt to it, or you can stick your head in the sand. Managing legal risk is about preemptively spotting and plugging holes. Read three simple steps to make sure you don't look like an ostrich in a suit.

Is Becoming a Franchise Right for Your Business?

Is becoming a franchise right for your business? Deciding to start a franchise really does not depend on what goods your business produces or what kind of services it provides; rather, whether your business is franchise-eligible largely depends on how well you can instruct others to replicate the business of what you do. We present five questions to ask yourself if you are curious about franchising your small business.

Your 2016 New Year Solutions

This year, don't just make resolutions. Instead, actually focus on real solutions. Legal solutions, like Signet™ General Counsel legal services from ExecutiveLP™, are a necessary part of the support your business needs. Our Signet™ General Counsel legal service plan has been carefully crafted to be the can't-live-without, essential legal solution for small businesses in search of General Counsel at a reasonable price.

Writing Liquidated Damages Clauses 101

Penalty clauses are not economically efficient. This is why penalty clauses are not and should not be enforceable. That's not to say the parties are without a remedy for breach of contract--far from it! In fact, liquidated damages are the norm; sometimes, even specific performance can be required to cure a breach of contract. Read our three tips for effectively using liquidated damages clauses.

Franchising Regulations

Business attorney Noel Bagwell describes franchising regulations in the United States. Franchising regulations exist at both the national (federal) and state level. The Federal Trade Commission ("FTC") enforces a the trade regulation rule called "Disclosure Requirements and Prohibitions Concerning Franchising," codified at 16 C.F.R. 436. In the franchising industry, this is more often simply called the "FTC Rule" or the "Franchise Rule."

HALF

Nashville, TN--Business attorney Noel Bagwell asks & answers: "Is Your Ex Entitled to Half Your Business," and discusses how to keep them from taking HALF.