Archive for January, 2008

Preliminary research.

As you start planning for your eventual entry into the small business marketplace, there are several federal government sites you might consider visiting. Each agency has a variety of information available to you.

Securities and Exchange Commission
Food and Drug Administration
U.S. Department of Labor

Thursday, January 31st, 2008

Arming yourself with quality professionals.

Rush Nigut posted a great observation regarding whom an entrepreneur should form relationships. Particularly, his recommendation for a marketer is key. Seth Godin has written at length about how sales has changed and that old methods of marketing simply do not work.

Perhaps it is time to let marketers into your universe and let them form your future?

Thursday, January 31st, 2008

The temptation of non-compete agreements.

When a business’s focus is on providing services, a temptation exists to at least try to control employees beyond current employment. No business wants to see customers poached by former workers. On December 20, 2007, the Wisconsin Court of Appeals reaffirmed the Heyde requirements for enforcing a non-compete, as it has done several times in the past few months.

Tuesday, January 29th, 2008

Wisconsin business licenses.

Wisconsin law requires all types of businesses to get a license in order to operate, ranging from accountants to portable x-ray services. It is imperative for a potential entrepreneur to sit down and examine the business plan to determine all types of work in which the new business will engage. At first blush, it may appear that the future company will do one single thing, but upon further review that may not be the case. It is also helpful to get a friend or someone removed from the planning to review the business plan to help spot areas of business outside the primary area.

To help get the juices flowing, you can visit the Wisconsin state license website. Once you’ve determined a few licenses which are applicable to your business, you can build those costs into your business plan, further solidifying it.

Tuesday, January 29th, 2008

Welcome to my law blog.

I opened my firm recently and intend to post weekly on this site. Should anyone be interested, I’d love to have guest bloggers or do a podcast. I look forward to generating some discussion out here in the blogosphere.

Also, please visit my firm’s website.

Friday, January 25th, 2008