Rush on Business
Rush on Business features information on Iowa business, employment and franchise law. The editor, Rush Nigut, practices primarily in business and corporate law in West Des Moines, Iowa.
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Featured Articles
Blawg Review #172 a Winner in My Book
The Ohio Employer's Law Blog earns a gold medal with its Olympic-themed Blawg Review #172. Jon Hyman's review has some great blog posts from lawyers across the country, both in and outside of employment law. Be sure to read it.Thanks to Jon for including my post on the...
Recent Articles
Research Franchise Opportunities Carefully
With the recent economic downturn, layoffs have begun to occur. A potential option for many former corporate employees is franchise ownership. While franchising does offer many advantages it is critical to approach a franchise opportunity just as you should any other business opportunity -...
Blawg Review of the Year Nominations
Blawg Review is the blog carnival for everyone interested in law. A peer-reviewed blog carnival, the host of each Blawg Review decides which of the submissions and recommendations are suitable for inclusion in the presentation. For an example, please read my Blawg Review #147 during which...
2009 Iowa LLC Law Changes: Operating Agreement Pitfalls
This blog post is second in a series of blog posts highlighting changes in the 2009 Iowa Limited Liability Company Act. The new law applies to all LLCs filed in Iowa after January 1, 2009. The new LLC law will apply to older LLCs beginning on January 1, 2011 unless otherwise agreed by the...
Iowa LLC Law Changes: Articles of Organization Disappear
Beginning January 1, 2009, you will no longer file Articles of Organization with the Secretary of State to start your Iowa limited liability company. Instead, you will now file a Certificate of Organization to begin the process. Unless there are changes with the Secretary of State, I do not...
Significant Changes to Iowa LLC Law Coming in '09
There are significant changes to the Iowa limited liability company (LLC) statute effective January 1, 2009. The changes include everything from how an LLC is initially formed and filed with the Secretary of State to changes that apply when a member leaves (i.e. disassociates) from the...
Entrepreneurial Roundtable at Impromptu Studio
A great discussion took place last Friday on Twitter among several young entrepreneurs in the Des Moines area. As a result, Daniel Shipton of Impromptu Studio took the bull by the horns and organized an "impromptu" entrepreneurial roundtable discussion for...
Business Financial Statements: Keep the End in Mind
There are many entrepreneurs who want to run all their business AND personal expenses through the business. For example, earlier this spring I witnessed a father buying his son's baseball equipment at a local sporting goods store. I chuckled when he pulled out a...
Franchising in Iowa: What's a Pink Hippo Anyway?
Last December I wrote a blog post on how Iowa has never been the hot bed for franchisors but it seemed as though some Iowa franchisors were really picking up steam. Now we are pleased to announce that our new franchise client, The Pink Hippo , just completed its first franchise sale in...
Buying a Business: Do Your Homework Because "Low-Risk" Doesn't Exist
I recently received an email from a business brokerage advertising their services. In the email the brokerage said they have "low-risk" businesses and franchises for sale. While that may make for good marketing - I must unfortunately say that "low-risk" businesses do...
