Oregon Limited Liability Companies When starting a new business, converting a sole proprietorship or other entity, or buying an investment property, forming an Oregon limited liability company (“LLC”) is a popular option. LLC’s provide liability protection for personal assets, are relatively easy to set up,…
Personal guarantees are incredibly common in business. If you own a small business and ever have to borrow money, rent space, or buy expensive equipment, it’s almost certain that you will at some point have to sign a personal guarantee. Small business owners are often…
Today, the House of Representatives passed its own tax reform bill that includes $1.5 trillion in tax cuts for individuals, corporations, and other business entities. Although the bill is far from becoming law, as the House and Senate bills must be unified, successfully voted on,…
Business Succession Planning Small business owners need a plan for what will happen to the business after they pass away. It’s a difficult issue for most over-worked entrepreneurs, especially for owners with multiple heirs who may not all agree on how the business should be…
Since attorney general Jeff Sessions was confirmed by the senate on February 8, there has been a lot of speculation about the future of recreational cannabis. Such speculation has risen from Sessions’ disparaging statements regarding cannabis use, such as when he stated “good people don’t use marijuana.”…
