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Tag Archives: legal

The correct way to structure a ‘holdback’

By Cliff Ennico “I am in the process of buying a small business. “There are some issues with this business, and I asked the seller if we could hold back ten percent (10 percent) of the purchase price for a year to see how things went. “The seller said he was agreeable, but in reviewing […]

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Can you be fired for your political views?

By Cliff Ennico “I run a small business with 10 employees. “It turns out I have both Republicans and Democrats among my employees, and after the last Presidential election I’ve overheard some very heated political discussions going on in the lunchroom. “Normally I don’t care about such things – I’m a big believer in free […]

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A legal checklist for a retail website

By Cliff Ennico “I’m planning to set up a fashion accessories website. “I think I will be selling mostly on Amazon, eBay and other online platforms, but after watching your YouTube video ‘Doing Business on the Internet,’ I realize it’s going to be tough to build a distinctive brand without my own website. “What are […]

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The problem buying a business with an eBay, Amazon, or Etsy account

By Cliff Ennico It’s no secret that selling merchandise on eBay, Amazon, Etsy, and other online e-commerce platforms is big business: The number of people worldwide making a full- or part-time income on eBay has been estimated at between eight and 12 million, More than 100,000 third-party sellers on Amazon are estimated to have made […]

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Some thorny lease problems

By Cliff Ennico This week’s e-mails are all from small businesses negotiating leases of retail and office space. “My company has an opportunity to lease space in a large office tower in our city – a very prestigious address. “The problem is that we can only sublease the space. The current tenant is having financial […]

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Copyright Questions From Web Retailers Answered

By Cliff Ennico “My friend and I are considering spending $800 on t-shirts and selling them online. It doesn’t seem like a big deal right now, just a fun project. It has crossed our minds to consider an attorney to cover copyright issues and develop a limited liability company (LLC) for this business. If the […]

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Paying Your Subcontractors a ‘Percentage of Profits’

By Cliff Ennico “My husband and I have a small consulting business. “We want to hire someone as a subcontractor for some of our projects, but are nervous about paying her a flat fee per hour or per day as we cannot be sure our clients will agree to pay that way. “I worked up […]

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Who Owns Your Business Contacts?

Who owns the professional contacts you’ve made once you’ve left a job? Small business expert Susan Solovic discusses what employees and employers need to know. Photo: AP

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Legal Considerations for the Home Remodeling Business: The Small Business Success Podcast

Flip or Flop — a fun HGTV program where a husband and wife team purchase houses to flip and hopefully make a profit.  Of course, in real life it’s not as easy as it looks in these one-hour programs.  So before you decide to launch your own remodeling business, you will want to heed the […]

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Don’t be a Fool on April Fool’s Day!

Have you noticed how many headlines for viral articles, photos and videos today start with the two words “Epic Fail”?  Here’s a word of advice. You don’t want to see “Epic Fail” hovering over an article that tells the story of an April Fool’s Day prank in your business. With that in mind let’s relate […]

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