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What Should Be in Your Statement of Work? A Business Owner’s Checklist
Executive Summary: A statement of work is one of the most important documents in any business contract, but it’s also one of the most overlooked. A clear, consistent SOW can reduce risk, prevent disputes, and save you time and money down the road. If your business uses SOWs for services, software, or deliverables, take the time to get it right. Most companies treat the statement of work (SOW) as an afterthought. The master service agreement (MSA) gets all the legal attention,
vernessa6
2 days ago3 min read


Do You Really Need an Operating Agreement for a Single-Member LLC?
Executive Summary: If you’re a single-member LLC, an operating agreement might feel optional, but it’s not. It’s required in New York,...
Lisa Temple
Oct 93 min read


Are You Future-Proofing Your Business, or Flirting with Failure?
A business owner I once knew thought he had it all buttoned up. His bookkeeping was immaculate: every receipt, every invoice, every tax...
Lisa Temple
Sep 243 min read


Would You Bet Your Business on a Hand Shake?
A few of my clients have recently confessed something: they’ve sealed deals with nothing more than a handshake. And every time, I tell...
Lisa Temple
Sep 22 min read


Annual Report Filings: What Business Owners Need to Know
Every year, business owners miss a filing deadline and don’t think twice about it. Nothing happens right away, so it feels like no big...

Vernessa Poole
Aug 133 min read


If You See These Red Flags, Hit Pause on the Deal
Most business owners know they should do due diligence before entering a transaction. But even with that in mind, people sometimes push...

Vernessa Poole
Jul 162 min read


Why Board Minutes Matter and How General Counsel Can Help
When a company is focused on its day-to-day activities, it’s easy to overlook formalities. Companies have to make decisions and take...
Lisa Temple
Jun 162 min read


Stock vs. Asset Sales: What Buyers and Sellers Should Know
Buying or selling a business isn’t like buying a car or a house. You can’t just hand over the keys and walk away. Whether you’re looking...

Vernessa Poole
May 222 min read


The Basics of SBA Loans: What You Need to Know
Small businesses often face the same common challenge: securing enough funds to grow and sustain their operations. Traditional business...

Vernessa Poole
Apr 212 min read


What Attorney-Client Privilege Is and How to Protect It
Attorney-client privilege is a fundamental protection that allows you to speak to your attorney openly and prevents your conversations...

Vernessa Poole
Mar 183 min read


The Dos & Don’ts Of Scaling A Business
Successful scaling allows you to serve more clients, increase profits, and strengthen your market position without ballooning costs or...

Vernessa Poole
Feb 173 min read


Be Kind To Your Future Self & Choose The Right Entity
Choosing an entity is one decision that can’t wait when forming a business. Taking the time to safeguard your personal assets by forming...

Vernessa Poole
Jan 143 min read


An Update on a New Privacy Law
With privacy concerns growing, states across the U.S. are enacting laws to regulate the use of personal data. Minnesota is among the...

Vernessa Poole
Dec 6, 20243 min read


Be Kind To Your Future Self & Do Background Checks
Protecting your future self starts with clear, informed hiring decisions, and conducting a background check is a key step in the process....

Vernessa Poole
Nov 14, 20242 min read


Protecting Your Business When Signing Agreements
A single overlooked detail in a contract creates problems that will be expensive to resolve later. By understanding the key terms in...

Vernessa Poole
Oct 8, 20242 min read


The DOL Reverts to Six-Factor Test for Independent Contractors
On March 11th, the U.S. Department of Labor (DOL) announced a significant change to the independent contractor rule. Ultimately, it...

Vernessa Poole
Sep 10, 20243 min read


LLC Transparency Act of New York
The LLC Transparency Act of New York (NY LLCTA) changes how limited liability companies (LLCs) operate in New York. This may sound...

Vernessa Poole
Jul 8, 20242 min read


An Explanation Of Business Associate Agreements (And Who Needs Them)
Maintaining confidentiality and compliance with the law is not just good practice—it's required when dealing with personal health...

Vernessa Poole
Jun 6, 20242 min read


What Businesses Need to Know About the FTC’s Non-Compete Rule
Introduction The Federal Trade Commission (“Commission”), after meticulous review and consideration, including over 26,000 public...

Vernessa Poole
Jun 6, 20244 min read


Succession Planning Is A Safety Net
A business is a testament to your hard work, dedication, and vision. Although it is easy to overlook, it's fundamental to think about the fu

Vernessa Poole
May 1, 20243 min read
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