Business Owners

Why It’s Time to Revisit Your LLC Operating Agreement
For many business owners, the LLC operating agreement is signed at formation and then filed away, if one is adopted at all….
Do Your LLC Business Partners Owe You Any Fiduciary Duties?
Conversely, do you owe your partners any duties of care, loyalty, confidentiality, etc? If you can’t point to something in your governing…

How to Track Legislation in Nevada
For better or worse, the Nevada legislature meets only in odd years and for only 120 days (excluding special sessions). In the…

Operating Agreements and 50/50 Ownership
We strongly advise against holding ownership in your company 50/50 because it means the owners have to agree on every decision and…

What the Corporate Transparency Act Means for Small Businesses
6/10/2023, Updated 1/15/2024, Updated again 3/9/2024, and again 12/4/2024, and again 12/25/24, and again 12/27/24, with a hopefully final update on 8/14/2026 Well,…

Incentivizing Employees With Equity
5/1/2022 – updated 3/9/2024 Business owners seeking ways to reward or retain excellent service providers (employees or independent contractors) often believe that…

Commercial Insurance
After following to the letter our article on how to start a business, you wipe the sweat from your brow and think, “what…

COVID-19 Employer Resources
The rules are changing so quickly it’s nearly impossible to stay on top of the guidance that’s coming out. Below we have…

Live Notes from 4/7 SBA Webinar on PPP and EIDL
Please forgive the unpolished nature of what follows, but I was furiously taking notes during a webinar with Joseph Amato, Director of…

EIDL or PPP – Which is right for you?
Edited based on information received during a 4/7/2020 webinar with Joe Amato, SBA’s Nevada District Office Director. Notes from that are here….

Small Business Response to COVID-19
Updated 4/9/2020 Nevada Banks – Taking Non-Client Applications or Not? Latest updates on funding as of 4/7/2020 5:16pm: From SBA Webinar OPTIONS…

Nevada Essential and Non-Essential Businesses
We are fielding a LOT of calls from businesses that are on the fringe of “essential” and are asking if they can…