Practical answers to the legal and business questions founders ask every day. Drawn from the upcoming Million Dollar Highway book series — no jargon, no hedging, just what you need to know.
Every founder asks this question, and most get a vague answer. Here's a plain-language breakdown of how each structure works, how they're taxed, and which one fits your situation.
An S corp election can save a profitable LLC owner $5,000 to $20,000 a year in self-employment taxes — but only above a certain income threshold. Here's the calculation to run before you file Form 2553.
Most entrepreneurs waste money registering every domain extension. A federal trademark does most of that work for you. Here's the strategy that actually protects your brand online — and the one gap you need to plan for.
Most owners start preparing to sell six months too late. Here's the 18-month checklist that maximizes valuation, reduces buyer risk, and gets deals closed — from an attorney who has been on both sides of the table.
You can file your own formation docs for $50. That's not the question. The question is what happens six months later when a contract, a partner dispute, or a tax election goes sideways.
Most of these happen in year one — before you even know they're mistakes. By the time tax season hits, the damage is done. Here's what to watch for from day one.
You don't need to go to law school to understand a contract. But you do need to know what the 12 clauses that actually matter are — and what happens when they're missing.
You picked a great name. You bought the domain. You think you're covered. You're probably not. Here's what actually protects a business name — and what doesn't.
Your first hire isn't just a business milestone — it triggers a cascade of federal, state, and local compliance requirements that most founders don't know about until it's too late.
Termination is one of the highest-liability moments in running a business. Here's how to do it legally, professionally, and with your company protected.
Most new business owners either buy too much insurance or not enough. Here's what coverage actually matters, what's optional, and what's a waste of money.
Buying an existing business can be smarter than starting from scratch — if you know how to evaluate what you're actually getting and structure the deal to protect yourself.
The exit is where the real money is made — or lost. Here's how to know when to sell, how businesses are valued, and how to structure a deal that actually closes.