IN THE NEWS
June 2010 - "I like to tell small business owners it's going to be much more difficult and much more time-consuming than they ever imaged," said Ted Scofield, a New York attorney who advises startups on behalf of the law firm Furnari Scher LLP. "Recognize that it's a massive time commitment."
March 2010 - "Fact: For solo and small firm lawyers, sharing office space with other lawyer can eliminate what may be a law practice's biggest fixed expense."
February 18, 2010 - "Stephan Furnari created Law Firm Suites to help other entrepreneurs make the most out of their small law practices. Learn more about Law Firm Suites and pick up great tips for all entrprenuers."
January 13, 2010 - "There's nothing stopping most entrepreneurs from continuing to run their businesses after taking a job, legally speaking, says Stephen Furnari, a Manhattan attorney who advises small business owners. "
December 23, 2009 - "Stephen Furnari, 38, a New York City lawyer, rents out space in a large office suite to about 40 of his fellow lawyers, many of whom were downsized and started their own practices."
September 24, 2009 - "We have scheduled points of contact so when we meet new prospective clients they are contacted again with pre-written correspondence that our staff sends on our behalf," Furnari says. "Within a few days of meeting a new contact, they will get an e-mail recapping the meeting, an invitation to connect on LinkedIn, an invitation to get access to an e-course with messages and an invitation to receive our monthly newsletter."
September 17th, 2009 - Furnari said that, "If you're a solo entrepreneur making about $100,000 net a year, you could be losing $7,500 to $8,500 in tax savings" if you establish an LLC rather than another entity. Samuels explained that "In New York City, as an S corp, your profit is subject to an 8.85% tax."
September 13, 2009 - "If you're a solo entrepreneur making about $100,000 net a year, you could be losing $7,500 to $8,500 in tax savings," says Mr. Furnari.
August 24, 2009 - Impressed by the law firm's innovative marketing approach, I asked Stephen what prompted him to send out the mailing and what kind of response he's received so far.
November 3, 2008 - "Steve's article provides eight tips to crafting well-honed non-compete provisions and six practical steps to take if you think your employee has violated the non-compete agreement," says Nina Kaufman on Stephen Furnari's article "Protecting Business Assets from Former Employees."
September 7th 2008 - "Our referral systems enable our lawyers to convert one of their biggest expenses - office space rental - into an asset that can generate significant revenues," says Stephen Furnari.
June 23, 2008 - Stephen Furnari writes: "Determining the value of a growing company is a critical step. It will come into play not only when granting options to employees, but also when raising capital from investors, selling assets or buying out a partner."
March 25, 2008 - "Private equity funds have very specialized criteria, and each has different criteria. The private equity community is pretty small, and it's not so difficult to make inroads," says Stephen Furnari in this article about private equity firms.
January 2008 - "For lawyers who represent early-stage companies, it is frequently difficult to communicate the value of your services to start-up entrepreneurs. When entrepreneurs get sued or need to commence a lawsuit, they know they must hire a lawyer. When entrepreneurs start a business, however, they often don't know why they should bother getting legal representation immediately-even though a good corporate lawyer will save them tens of thousands of dollars (or more) in the future by avoiding costly legal mistakes," writes Stephen Furnari.
October 3, 2007 - "The biggest issue is selling your securities to enough investors to form a trading market," says Stephen Furnari in this article about using direct public offerings to raise capital.
September 14, 2007 - "When raising early-stage investment capital, avoid these errors that could lead to the death of your company."
July 22, 2006 - "In the excitement of running their companies, business owners frequently make critical legal mistakes that can derail their companies or cost them thousands of dollars to fix," says Furnari. "Often, these problems could have easily been avoided with minimal investment when they organized their businesses, or before mistakes became major problems."
"If you are aware of your company's limitations and you focus your efforts on the funding strategies where you have the greatest odds for success, you will find more money, faster and with less effort," says Stephen Furnari.
11 Broadway | Suite 615 | New York, NY 10004 | +1 212 480 8800
© 2006 Furnari Scher LLP. All Rights Reserved. Use of this website is subject to disclaimer.