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3 Tips for Confidentiality Agreements
You might be asked to sign a confidentiality or non-disclosure agreement if you are exploring the purchase or sale of a business, a joint...
Joel Ankney
Nov 16, 20212 min read


Which State to Use for Your LLC or Corporation?
You may hear and see a lot of trendy advice about creating your LLC or corporation in a state where your business is not located, like...
Joel Ankney
Mar 13, 20212 min read


What You Should Know About Registered Agents
I serve as a Registered Agent for many Virginia limited liability companies and corporations. I'm often asked the following questions...
Joel Ankney
Mar 13, 20214 min read


M & A Unplugged Podcast Interview
Last week, Domenic Rinaldi interviewed me about my book, Here's the Deal: Everything You Wish a Lawyer Would Tell You About Buying a...
Joel Ankney
Mar 13, 20211 min read


How a Checklist Can Help Your Deal
Deals have lots of moving parts, no matter the size of the business or the size of the deal. Lots of issues move simultaneously. Losing...
Joel Ankney
Mar 13, 20212 min read


What's a Russian Roulette Deadlock Clause?
If your LLC or corporation has two or more owners, you can get stuck (deadlocked) on making a decision or taking action if no one has...
Joel Ankney
Mar 13, 20212 min read


Is Your DIY Contract Enforceable?
I get it. You probably have a degree or two. You've probably looked at a lot of contracts in your career. You probably write well. It's...
Joel Ankney
Mar 13, 20213 min read


Can You Buy (or Sell) That Contract?
Are contracts a valuable asset of the business you are buying or selling? If so, you need to make sure those contacts can be transferred...
Joel Ankney
Mar 13, 20212 min read


How Do You Transfer IP?
The purchase or sale of most businesses will involve transferring intellectual property ("IP") rights - i.e., patents, trademarks,...
Joel Ankney
Mar 13, 20212 min read


My Book is a Business School Text
This is my most exciting book news to date. The University of Illinois business school is using my book as a text in its Entrepreneurship...
Joel Ankney
Mar 13, 20211 min read


Where Do Entrepreneurs Get the Money to Buy a Business?
One of the biggest challenges for an entrepreneur is finding the money to do a deal. I spoke to the Entrepreneurship Through Acquisition...
Joel Ankney
Mar 13, 20213 min read


Do I Need Originals?
When you sign a contract, do you need to have an "original" - i.e., one contract with the original signatures of all the parties - for it...
Joel Ankney
Mar 13, 20212 min read


Where Did You Get That Photo?
See that photo? I have permission to use it on my blog because permission to use the photos in my web development platform's library is...
Joel Ankney
Mar 13, 20213 min read


Do Your Company's Legal Documents Support Your Special Status?
Have you set up your company to qualify for a special status, such as a women-, veteran-, or minority-owned business? If so, do your...
Joel Ankney
Mar 13, 20212 min read


Do the Exhibits Really Matter?
Lawyers often draft contracts with attached exhibits to simplify the contract language by moving details out of the body of the contract...
Joel Ankney
Mar 13, 20211 min read


The Custom and Courtesy of Blacklining
I was working on my first deal as a young lawyer. I represented the buyer. The lawyer representing the seller drafted the purchase...
Joel Ankney
Mar 13, 20212 min read


When Will the Deal Close?
You're buying a business or real estate. Your purchase agreement says you're going to close on a particular date. You probably won't....
Joel Ankney
Mar 13, 20212 min read


Are You Restricted From Starting Your Business?
You may have a great idea for a new business. Where did that idea come from? Is it related to your current employment? If so, do you have...
Joel Ankney
Mar 13, 20213 min read


Gig Economy Business v. Gig Economy Worker
I help people start and run gig economy businesses. A gig economy business is different than a gig economy worker. A gig economy worker...
Joel Ankney
Mar 13, 20212 min read


My New Book: Before You Leap
I help people start and run independent contracting, consulting, and freelance businesses. I published a new book this week that teaches...
Joel Ankney
Mar 13, 20211 min read
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