Collin Schaefer 
Two weeks ago, we began a discussion about S-Corps and covered the basics. This week, we delve into a little more detail about why S-Corps can be a hassle for startup companies trying to raise money. The biggest single issue with S-Corps for startups is the “single class of stock rule.” In essence, this means … Read more
S-Corporations are a popular form of business “entity”, but what does it really mean and are there special rules you should know about? In this post, we discuss the basics of S-Corps, and, in two weeks, we explore what an “S election” means for your business in the long run. S-Corp basics: First things first, … Read more
In the past few weeks, there have been a number of stories published in regard to hemp and intellectual property. Since that’s two of our favorite topics at OG+S, this week, we’re providing a brief rundown of each story with links to the original articles: CBD in Wisconsin and Illinois Marijuana Legalization “The High Road” … Read more
The Americans with Disabilities Act probably applies to your company’s website, not just the front door and size of the bathroom. So, while the ADA may not be the first thing you think about when rebuilding your website….maybe it should be? Read on for more information. Does the ADA really apply to my business? Under … Read more
Alright everybody, file this one under: “Wow, he really likes video games and cartoons.” After my last fun post about Crazy Taxi, I got to thinking about two more great characters from my childhood – Duke Nukem (of Apogee \3d Realms fame) and Duke Nukem (Captain Planet’s radioactive nemesis). How could two identically named characters … Read more
My friend Scott said something simple, but profound to me this weekend, “Two is one, and one is none.” We weren’t talking about business or the law; he was remarking on the fact that my audible altimeter had died on the way to altitude – and thank God, I had another one on my wrist. … Read more
I am a pretty big fan of mashup. If you haven’t heard of mashup music before, take a listen to Pandamonium [sic] by the White Panda: https://thewhitepanda.bandcamp.com/track/pandamonium-continuous-mix. “A mashup is a creative work, usually in a form of a song, created by blending two or more pre-recorded songs, usually by overlaying the vocal track of … Read more
Here is the scenario: You’re a restaurateur and are ready to move on. You own the restaurant’s assets and the real estate where the location sits. You’ve found a Buyer! But, the Buyer can only get a conventional loan to purchase the real estate and doesn’t have the cash to purchase the restaurant’s assets. What … Read more
File this one under “Frequently Asked Questions.” Here is the scenario: You remember paying Wisconsin a fee to create your LLC years ago – you know it exists – but other than that, you don’t really know where any of your documentation is. Now, you want to open a bank account for your Company and … Read more
An S-Corporation is not a special type of company. Rather, it’s a special tax designation that a company can make with the IRS. So, if you are an LLC or Corporation, you can make an S-Election and become an “S-Corp” (although the reasons for doing so as an LLC or Corporation may not be the … Read more