Portland Oregon Legal Planning News
Business plans often address marketing, growth, and product development issues. However, business owners often fail to create an exit strategy, succession plan, or acquisition plan. But Succession isn’t just for obscenely wealthy kingpins of media with overly ambitious and conniving children.
Read MoreOwning a business can be an all-encompassing task. When you are focused on the day-to-day management and administration of your business, it can be hard to think long-term about a succession plan. However, planning for the future of your business after your passing is crucial.
Read MoreTo create and build a successful business is one thing; making sure it lasts after you’re gone is an entirely different matter. There are many financial predators out there that will take advantage of a business at its most challenging time – i.e., when the founder retires or passes away – but thankfully there are also ways to protect the business you worked so hard to build. Estate planning isn’t the only factor that determines whether your business continues without you, but a Portland, Oregon estate lawyer will tell you it’s almost a sure bet that your business will fail if you don’t have the proper planning in place.
Read MoreRecently, we held a series of interviews with Professional Partners for business owners in our business membership group. It is so important for business owners to assemble a team of professionals to guide them through protecting themselves and preventing disasters. Here are those interviews.
Read MoreThe New Year is coming up, and if you’re a business owner, you might already be thinking about your business goals for the year. If you have any goals to expand the business, earn more money, and generally kick ass, make sure that you have the legal and financial foundations in place to support your growth. Here are some things that you need to get in place.
Read MoreIt has become the norm for business owners to have their clients and customers sign liability waivers to protect the business owner from being sued if something bad happens, like an injury. But do these waivers even work?
Read MoreMost Oregon business owners start their businesses by navigating as best they can to file LLC articles with the Secretary of State and then forgetting about it (other than their annual filing) until something happens where they face being sued, or they hear about another business owner getting sued, and they think to themselves, "Oh my goodness, am I really protected?"
Read MoreNow you might be thinking, “Candice, what the heck does Game of Thrones have to do with estate or business planning?” Hear me out. It has a lot to do with it. And you might as well get used to hearing about it, because rewatching this show might be my primary inspiration over the next year to write about estate and business planning. When I’ve watched Game of Thrones, I always thought about how estate and business planning relate to the show. But I never sat down to write out my thoughts. This is my chance to actually go through and recapture all of the thoughts I had over the years—except with added perspective and experience—and share with you all of the lessons you can learn from this extraordinary show when it comes to estate and business planning.
Read MoreI got this question on my Facebook page, and I wasn’t entirely clear about whether the question was meant to be about business planning or estate planning, but it’s a great question either way, so in the last video, I answered this question about business planning, and in this video, I’m going to answer this as it relates to estate planning.
So, the question is: How do I get started? What can I do myself and what do I need a professional for?
Let’s discuss what the point of estate planning is, and how you can help yourself, versus when you should seek help from a lawyer.
Read MoreI got this question on my Facebook page, and I’m not entirely clear about whether the question was meant to be about business planning or estate planning, but it’s a great question either way, so I’m going to make this question a two-for. I’m going to answer this as it relates to business planning in the first video, and in the next video, I’ll answer it as it relates to estate planning.
So, the question is: How do I get started? What can I do myself and what do I need a professional for?
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