Most creditors today are secured, and as such, UCC-1 Financing Statements are more prevalent than they were in prior eras. In this article, Louis Zambrio explains what, exactly, it means for a creditor to file a UCC-1 Financing Statement against...
Louis Zambrio wrote this article at the height of the financial crisis, when banks were much less willing to lend than they are today. That said, this article is still very relevant for a small business owner seeking a bank loan. Mr. Zambrio...
Louis Zambrio sets forth the consequences of some of the mistakes he has seen small businesses make in this article. The mistakes he cautions small business owners against making are failure to maintain accurate records, failing to deal with...
In the fast-paced business world, it is tempting to rely on oral agreements, but Louis Zambrio warns that it can lead to legal disputes that cost money and waste time. Even though it may seem like a bad business to expend resources on writing the...
Louis Zambrio provides an introduction to some of the more important terms that a business owner might encounter when seeking investment from venture capital firms. Zambrio explains that VCs will prepare and provide a term sheet that sets forth the...
Louis Zambrio guides small business owners through the considerations to take into account when choosing a corporate structure. Small businesses tend to structure either as an S corporation or an LLC and decision-makers need to understand the...