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Ten Mistakes All Business Owners Should Avoid – Mistake Number 4

T. Randolph Catanese, Esq. © 1998   Mistake No. 4 - The Business Uses The Wrong Vehicle For Its Operations. Fortunately, in today's environment there are multiple ownership vehicles from which a business owner may select. The choice of the ownership vehicle will be dependent upon what entity makes best sense for the business operator. This…
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Ten Mistakes All Business Owners Should Avoid – Mistake Number 3

T. Randolph Catanese, Esq. © 1998    Mistake No. 3 - The Business Is Started Without Any Professional Advice. Because I am a Los Angeles litigation attorney, you probably expect me to say that you must always see an attorney before you start a new business venture. And, you are right, I agree. But it is…
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Ten Mistakes All Business Owners Should Avoid – Mistake Number 2

T. Randolph Catanese, Esq. © 1998   Mistake No. 2 - The Paperwork Exists But It is Wrong. Sometimes, people think that if they have paperwork they are protected. Notwithstanding Mistake No. 1 above, just because you have paperwork does not mean that you have avoided the common problems involved with no paperwork. Sometimes, bad paperwork…
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Ten Mistakes All Business Owners Should Avoid – Mistake Number 1

T. Randolph Catanese, Esq. © 1998 Creating, organizing and operating a business is, in many ways, like building a ship, manning it with a crew and then taking it on a long sea voyage. If the ship is well designed, properly built with the right materials, and manned and captained by the right people, then…
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