Roger Glovsky's blog

We just posted Part 3 of the series on winding down a business. Although the concept of winding down a business is a pessimistic proposition, it is often a necessary action. This week's blog provides a good checklist of information for approaching the wind down process. You can find it at: http://www.askthevc.com/blog/archives/2009/11/preparing-to-wi.php.

For earlier posts:

Part 1: How to Wind Down Your Company

As many of you know, I recently moved to Boulder, Colorado, which has a very strong entrepreneurial community. Some people have compared Boulder to a "young Silicon Valley." Like Boston and SF, the venture capitalists play a leading role in encouraging entrepreneurship.

We have a client who is looking for recommendations for a financial advisor to help their company develop a retirement benefits strategy (401K and pensions) and advise us on tax implications. They would preferably like to work with an "independent consultant".

If any of you have financial advisors that you would recommend, please post a comment here or send email to me at roger@ivlo.com.

The Blackberry Pearl has been a tremendous help to my law practice, improving both communications and productivity. I just posted a blog explaining why I like this new cell phone at:

http://thevirtuallawyer.blogspot.com/2009/06/working-out-of-your-pocket....

A BLN member would like to start accepting credit cards as payment for legal services and asked whether I could recommend a merchant processing vendor. Our firm does not accept credit cards, but this is a topic that seems to be coming up more often. I thought other BLN member may be able to make some recommendations, which I can post on the LEXpertise website.

Do any of you accept credit cards for professional services? Are there vendors you would recommend?

[RPG: Excellent list of responses. Be sure to read James Bolan's comment and the article on ethics issues relating to gredit card payments]

Attached is an updated copy of the Choice of Entity Chart.

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Note: Use of the chart is licensed under Creative Commons License, Attribution Share-Alike 3.0.

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