Hiring employees for a new entrepreneurial venture is different than for a large company or small retail store. Why is this? Because at the beginning stages of a growing business things are frenzied! You can be successful and frenzied or struggling and frenzied – but...
There are all kinds of fascinating legal cases for sure. Apparently, one Brittany Lahm, now 24, back in 2009 got into a car accident in upstate NY. Her front seat passenger sadly was killed and others in the car injured. All the folks in the car...
As the stock market continues its strong surge another milestone today as the Nasdaq Composite Index closed above 4000 for the first time since 2000. The Nasdaq is up 33% this year, more than the other key market indeces. The tech stocks in particular have...
Many intermediaries and consultants who assist companies in the going public process offer a "turnkey" solution that includes helping bring you the entire team necessary to complete the steps to a public trading stock. When interviewing potential advisors, ask whether they do recommend other professionals...
We head into Thanksgiving week here in the US tomorrow. College kids are heading home with their duffel bags and schoolbooks. Families are hitting the road to meet other family. Friends are gathering with friends. Millions of turkeys sacrificed to the special day. The holiday...
I spent yesterday in Washington attending the SEC's annual symposium on small business capital formation. Congress mandated about 25 years ago that the SEC hold this conference annually. There are panels in the AM and breakout groups in the afternoon that develop recommendations for the...
The House Financial Services Committee has been busy for sure! Last week they unanimously (57-0) approved and sent to the full House HR 3448, known as The Small Cap Liquidity Act of 2013. The key sponsor: Rep. Sean Duffy (R-WI). The bill is seen by...
Back in 1988, the US Supreme Court opened the floodgates for class action claims by shareholders against public companies. In a case called Basic v. Levinson, the Court ruled that you could be an official class suing a company for misrepresentation even if you haven't...
Led by Congressman Bill Huizenga (R-MI) and eight other sponsors (including one Democrat), this past Thursday the House Financial Services Committee unanimously approved HR 2274. The bill, known as the Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2013, was originally introduced back...
I have found that, while not absolutely critical, it can be very helpful in working with advisors who assist companies in going public if they have some knowledge and experience of the industry in which you operate. For certain members of the team you need...