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January 7, 2020

I don’t know about you, but this January I’ve had the clean-out and clean-up bug---WAY MORE so than in previous years. Maybe because the world feels a bit chaotic right now, I’m determined to keep my own house in order. 

Judging by the steady line at the Goodwill d...

November 20, 2019

In October, without much notice, a franchise (the Donut Bar) closed its Scottsdale location. It had been open only a year. In a televised report last week, the franchise owner, a young woman who dreamed of opening her own business along with her husband, said she had b...

October 14, 2019

After I help someone sell or buy a business, I always ask them if they have wisdom they would be willing to share with others who have never been through the process. What better way to get insight into the sales journey than from folks who’ve already travelled the pat...

September 12, 2019

When I get a call from a client who is looking to sell or buy a business the first questions I ask are about the lease and the landlord. Why? In my experience (particularly in multi-unit franchise deals), there is always a hurdle with the landlord.  Always.

Wh...

April 29, 2019

A few months ago, I gave you an overview of Arizona’s new Limited Liability Company Act (the “New Act”). Unless there is some last-minute legislative wrangling, it is slated to go into effect for new LLCs formed after August 31, 2019, and for all existing LLCs after Au...

March 26, 2019

The last couple of months have been tough. Hurry up and wait followed by crushing deadlines--self-inflicted wounds (for some of my clients and for me)—disappointments, delays, snafus (thanks, Mercury Retrograde), a general breakdown in people and systems, and a smatter...

February 22, 2019

During the past couple of years, I’ve written posts on the small businesses that are changing hands and will continue to do so in the next decade (thanks Baby Boomers) and shared tips on how to maximize the value of a sale. But… what if you have always dreamed about ow...

January 14, 2019

I love January. There is something so invigorating about wiping the slate clean.

I usually take the first few weeks to pick a theme (Joy and Ease this year), set personal and business goals, and figure out what I need to clean up in the New Year. It’s a perfect month to...

November 5, 2018

In the last couple of months, I wound up on an incredible

roller coaster of a deal which involved countless stops and starts, multiple parties and lots of lawyers from “big name” firms in town. I am thrilled that my client’s vision is finally taking shape, despite many...

September 21, 2018

In the spring, the governor signed into law a wholesale rewrite of Arizona’s limited liability company statute (we’ll call it the Revised Act in this article).  While a few of you (maybe the lawyers who read this newsletter) are thinking—“I really need to get up to spe...

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