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Ten Mistakes All Business Owners Should Avoid – Mistake Number 5

T. Randolph Catanese, Esq. © 1998   Mistake No. 5 - The Business Owner Fails To Protect His Or Her Personal Credit. Most business owners start out the business full of vim and vigor expecting the best. Because they have high expectations and their enthusiasm runs equally as high, they take certain risks with their personal…
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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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