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ArcaMax

It May Be a Classic Movie, but It Isn't Public Yet

"We have a client with a legal question that I was hoping you might be able to answer. He owns a high-end electronics business doing home theaters, security, sound systems and the like. For his website, he wants to Photoshop an image taken from a famous movie scene and place it on the black screen he photographed in a room he designed. Would ...Read more

Starting a Business on EBay and Amazon

As my readers know, I travel the country talking to people who make a living selling stuff on eBay, Amazon and the other online e-commerce platforms.

As a lawyer and business consultant, I'm not always able to answer the more technical questions people have about starting and maintaining their online accounts. But as we used to say in the ...Read more

Minority Owners Don't Get Mad. They (Sometimes) Get Even

"I formed a business with two partners a couple of years ago. We set up a corporation and divided the stock three ways. Me and my brother each had 40% of the company, and a good friend of ours had the remaining 20%.

"Things went well for a while, but then our friend with the 20% developed other interests and began withdrawing from the ...Read more

Keeping Client Attrition Low When Selling a Professional Practice

"I am a podiatrist with a fairly large practice in a large Midwestern city. My wife and I have decided to move south to Florida to be closer to our grandchildren. I have found a younger podiatrist who wants to take over my practice, but I'm not sure exactly how to put the deal together with him. Any suggestions?"

You have obviously worked ...Read more

Getting Started in Off-Broadway Theater

"I've been a struggling actor in New York for several years, but right now I've got the chance of a lifetime. I have written, directed and produced a satirical off-Broadway play based on the life of a famous former politician. I have a couple of investors -- really all the money I need -- but I'm not sure what, if anything, I need to do ...Read more

Buying a Business Without a Lawyer ... Don't!

"Two weeks ago, I signed a contract to buy a business. I didn't use a lawyer because the contract seemed fair, and I felt I understood what it said. I put up a $25,000 deposit to buy this business, and the closing is in two weeks.

"The seller's attorney has been calling me every day asking me questions about the documents that I am ...Read more

Advice to a Young Lawyer

I had the privilege of addressing a group of about 50 law school graduates last week as part of the New York State Bar Association's semiannual Bridging the Gap program -- a two-day orientation course for newly minted lawyers on the "real-world" life and practice of law.

Here is an abridged version of my remarks:

There is an ancient Chinese ...Read more

31 Questions to Ask When You're Buying a Franchise

"My wife and I are thinking about a franchise. We've met with the franchise executives at their 'Discovery Day,' and they seem like nice people.

"They're encouraging us to talk to some of their franchisees to understand exactly what goes on in the franchised business, but I confess I don't know what sorts of questions to ask. We've never ...Read more

Online Reviews: Part 2

"I started a solo law practice last year. As part of my marketing efforts, I encourage my clients to post positive reviews on their websites and social media pages.

"Well, I just found out that a client posted a highly negative review of me on Avvo.com." (Author's note: Avvo is an online review site -- similar to Yelp -- where people can ...Read more

Online Reviews: Part I

"I want to put a hyperlink on my website to an article somebody else wrote on another website so that readers could read the article and then respond, whether negatively or positively, on my website what they thought of the article. Is this legal?"

The short and easy answer is it's probably legal. The tougher question is: Should you do it?

A...Read more

Does Your Business Qualify as Woman- or Minority-Owned?

"My husband and I started a consulting business a while back, and we are finding ourselves getting more and more business from government agencies and nonprofit organizations. There's only one problem: Many of these people want to know if we are a 'minority-owned enterprise' or a 'woman-owned enterprise' so they can comply with federal and ...Read more

Getting First Place in a Business Plan Competition

Twice a year, I have the honor of being a judge at the Connecticut Business Plan Competition, where students from business schools and undergraduate business programs throughout Connecticut compete for cash prizes and mentorship from leading business experts, in a format very similar to the popular "Shark Tank" television show.

The event has ...Read more

Are You a Maturepreneur?

Millions of baby boomers are leaving corporate America, but few are ready to retire.

The solution for many of them? Maturepreneurship.

Entrepreneurs in their 50s, 60s and 70s start 25 percent of all new businesses each year, according to Bruce Markewicz, founder of Maturepreneur Today, a new information and resource website for second-act ...Read more

 

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