Collin Schaefer 
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
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
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
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
An e-mail all attorneys hate receiving is one that starts like this: Hey Collin, I’ve drafted a new employment agreement, do you mind taking a quick look and telling me what changes I should make? The short answer: No – I know very very few attorneys who would jump on that landmine. The long answer — … Read more
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
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
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
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
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