On June 21, 2018, the Supreme Court issued a ruling that changes the landscape of how states can tax internet sales made to residents of their state by businesses w/o a physical presence in that state.
Marketing is one of the most pivotal aspects of operating a business. In this episode, Rod Coleman of Jackson Beverly Coleman Consulting discusses how to be efficient and effective in your marketing efforts.
Separating entities providing different products/services is a smart way to insulate those individual revenue streams from the liabilities of other distinct and distinguishable revenue streams/activities. However, if these separate entities are providing services/products to similar clients, you must be diligent in keeping the entities truly separate.
One-way Buy-Sell agreements can be a very useful tool in the context of succession planning (on the one hand) and business expansion through "alternative" financing (on the other hand). This episode discusses how you can use a life insurance policy to grow through acquisition.
A letter of intent is a useful tool for making sure that two parties are on the same page when it comes to the material terms of a major transaction. This podcast discusses the 'how' and 'why' of letters of intent.
For-Profit activities & valuable intellectual property doesn’t always have to be “owned” by the nonprofit. Housing IP and commercial activities outside of the nonprofit allows the creator to benefit in the long run.