Cut that slice in half: Dilution and Pizza

Building on the totally tubular authorized, issued, and outstanding shares (pizza slices) post from two weeks ago, this post discusses a simple dilution example to help highlight the basics.  Leonardo’s Pizza Parlor has 5,000,000 Authorized Shares; it has 1,000,000 shares outstanding.  Let’s assume you own 100,000 shares of  the Company – or 10% of the … Read more

There is Only One Pizza – But the Number Of Slices is Up to You

This is the first post in a series about dilution.  Before we start down that path though, lets start with some simple background information. The key to understanding dilution comes with three simple words: Authorized, Issued, and Outstanding (shares). Authorized Shares means the total (read, total ever) shares a Corporation can create or “cut itself into.”  If … Read more

Residential Real Estate: Criminal Histories in the Tenant Application Process

3 Bedrooms 2 Bath1,350\sqft$1,200\month + $1,200\security depositNo Arrests\ConvictionsNo evictions on CCAPProof of Income and References Required The housing market is tightening – interest rates are on the rise – and so are rents – all good things for Landlords.  As a consequence, good rentals are getting harder for tenants to find, and Landlords can afford … Read more

Growing Hemp in Wisconsin

Under the 2014 Federal Farm Bill,  hemp cultivation is allowed to be undertaken by States as part of an approved agricultural pilot program.  Despite many other federal laws banning cultivation and use of hemp, the Farm Bill created this carve-out and a new opportunity for entrepreneurs and farmers in States that adopted the pilot programs.  Luckily, … Read more

Take the Leap: Hiring Employees Is Not That Scary

I’ve been on an employment article kick lately, and my awesome business partner, Erin Ogden, will be making a presentation about “Business Growing Pains” to the Baraboo, Wisconsin Area Chamber of Commerce shortly, so I wanted to dust off this article I’d written a while back on LinkedIn and share it with the OG+S audience.  … Read more

Exempt Employees: Administrative and Executive

Over the past few weeks, we have been discussing Employees, overtime, and who is exempt from those regulations.  Last week, we talked about determining who is exempt, and this week, we talk about two of the most popular types of exemptions – the Administrative and Executive Exemption.  Read below for more information! Administrative Exemption FLSA: To qualify … Read more

Wages and Overtime: Determining Who is Exempt

How does an employer determine if an employee is exempt under the FLSA and Wisconsin law? Determining if an employee is exempt under the Fair Labor Standards Act (“FLSA”) and Wisconsin Department of Workforce Development (“DWD”) regulations is a multi-step process.  Additionally, an employee may be exempt under the FLSA as to overtime, but may … Read more

Wages and Overtime: Flexible Compensation and Salaried Employees

This is the first post in a series about wages and overtime, when it applies, and how to avoid costly mistakes.  As your company expands beyond the initial founders, keeping abreast of the multiple (and sometimes confusing!) wage and overtime regulations covering employees becomes incredibly important.  Here are two questions I’ve gotten recently, along with … Read more

Real Estate Terms Worth Knowing

Over the past few weeks, we have gotten a bunch of questions from clients in regard to real estate transactions and some of the terms that inevitability come up in almost every deal.  This article aims to provide a quick and easy to understand guide to some of the terms we see most often. Tenancy … Read more