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

Wedding Barns Under Attack

The Tavern League and Distributors have been trying to get wedding barns closed for years. Why? Because the members of the Tavern League include hotels, restaurants, and convention centers. People are choosing to get married at barns instead of hotels and holding events at barns instead of convention centers and restaurants. Tavern League and Distributors … 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

Ack! It’s November, Already?

Oh, how quickly year end comes.  Summer slides by in a shimmer of sunscreen. The school year begins with a flurry of schedule changes. And BAM! We have 6 weeks before December 31st ends the calendar year.  This is when we begin to get all of the “So… I want to buy or sell this … 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

Paper Beats Paper?

Somewhere at the bottom of most agreements is a clause that looks something like this: Entire Agreement:  This Agreement and the Exhibits and Attachments referred to in this Agreement contain the entire understanding of the Parties with regard to the subject matter contained in this Agreement and supersede all prior written or oral agreements, understandings … 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

Help Others Help You

I was out for coffee with a new business owner earlier this week.  At the end, the owner tried to be proactive in his business and asked me “Who do you know that I should know?” I was a bit blunt in my response, which was “That is a bad question.  I don’t know how … Read more