Legal Foundations for Small Business Success with Matthew Fornaro

Why is collaboration between you, your attorney, and your accountant essential for business success?

Matthew Fornaro is a business attorney who knows the entrepreneurial journey firsthand. He helps entrepreneurs succeed with strong legal strategies and practical advice.

Join Scott and Matthew as they explore: 

* The importance of creating a written business plan to set a strong foundation.

* How attorneys and accountants can work together to reduce tax liabilities and ensure compliance.

* Common mistakes small business owners make when starting out.

* The dangers of poorly structured franchise agreements.

* Why revisiting contracts regularly is essential for long-term success.

* The benefits of proactive legal and financial planning to avoid costly surprises.

* How fractional services like part-time CFOs or attorneys can be cost-effective for small businesses.

Chapters for this episode: 

(03:14) Becoming a Small Business Attorney

(07:53) Key Legal Pitfalls Small Businesses Face

(12:43) Collaboration Between Attorneys and Accountants

(20:01) Managing Intellectual Property 

(24:54) Lessons from Franchise Agreements Gone Wrong

(41:30) Preventing Litigation with Strong Contracts

Thanks to Matthew Fornaro for being on Business, Bourbon & Cigars. 

Visit Matthew’s website: www.FornaroLegal.com 

Learn more about Matthew: https://www.linkedin.com/company/matthew-fornaro-p.a./about/ 

BUSINESS, BOURBON & CIGARS

Be sure to subscribe so you don’t miss any episodes. 

* Apple Podcasts: https://apple.co/3SN2fHn 

* Spotify: https://spoti.fi/49EwtTo 

* YouTube: https://www.youtube.com/@MePlusUltraNetwork/podcasts 

Business, Bourbon & Cigars is the preeminent resource for ambitious leaders who want a backstage pass to the top. Each episode, we sit down with ultra-successful executives and industry leaders who share their insider strategies for growth and success. And of course, we may even sip on some of the finest bourbon and light up our favorite cigars while we chat.

Each week, we bring you in-depth interviews with high-level executives and industry leaders who have a proven track record and in-depth understanding of what it takes to grow a business. They’ll share their no-nonsense approach, the challenges they faced on their journey to the top, and the strategies that helped them overcome obstacles and forge their own path to ultra-success.

ME PLUS ULTRA 

Transform your business and redefine your world with Me Plus Ultra-virtual masterminds and leadership retreats: https://MePlusUltra.com 

Me Plus Ultra is a place where visionary entrepreneurs come together, not just to network, but to forge lasting connections, inspire one another, and grow their businesses with confidence and purpose. With exclusive access to industry-leading knowledge, personalized growth strategies, and high-impact events, we empower you to transcend traditional business barriers. To elevate your business, join our Me Plus Ultra-virtual masterminds and...