Find out whats happening in the world of Nevada corporations and Nevada LLCs with the Nevada Corporate Headquarters Incorporate in Nevada Newsletter. This newsletter will bring you the latest in information from the front lines as well as keep you posted on other relevant small business news and financial topics. See what Nevada Resident Agent Assocation President Derek Rowley and NCH founder Cort Christie have to say about how recent events can affect your business.

Inside This Issue

1. 11 Ways to Protect Yourself from Business Risk
2. Buffet's Rules to Success
3. Business Litigation to Increase in 2009
4. Nevada v. Wyoming
5. December Tidbits
   

by Derek Rowley © 2008. All Rights reserved

Business is riskier than ever these days. The economy is a mess, credit markets are tight, taxes are high - and likely to go higher, the courts are clogged with frivolous lawsuits, and attorneys seem to rule the world. What can you and I do about it? Fortunately, we can do quite a bit to protect ourselves in this business environment. Here are 11 ways:

Divide and Conquer. Incorporating allows you separate yourself from your business risks, and that is critically important today. However, there may be additional opportunity to divide higher-risk business activities from lower-risk or asset-rich activities by placing these activities in separate limited liability business entities. By dividing your important business assets from your most significant business risks, you increase your protection substantially...read more

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Warren Buffet’s 10 Rules to Success
by Derek Rowley © 2008. All Rights reserved.

Warren Buffet was recently interviewed in Parade magazine, the Sunday insert in Gannet newspapers. Parade can be a good source for a lot of light reading, suduko puzzles, and "celebrity watch" fluff pieces. I did not expect to read about America’s most respected investor giving sound business advice.

Much of what Buffet recommends falls into the category of common sense. But, perhaps it is a bit refreshing that success and wealth can be attributed to following common-sense principles...read more

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by Derek Rowley © 2008. All Rights reserved.

The fifth annual survey of litigation attorneys on corporate litigation issues conducted by the law firm of Fulbright & Jaworski was released last month, showing an increase in the expectations that litigation disputes will increase in 2009. According to the study, an astonishing 17% of all privately-held companies, and 9% of all small companies have "at least one lawsuit with more than $20 million at issue" - accounting for one in approximately every 5.5 privately-held companies, and one in approximately every 10 small companies. The issue showing the largest expected increases in litigation in the U.S. are employee wage & hour disputes, privacy and discrimination issues...read more

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Nevada v. Wyoming: Comparing Incorporation Benefits
by Derek Rowley © 2008. All Rights reserved

Promoters of Wyoming incorporation have started to make brazen claims that Wyoming offers better asset protection benefits than Nevada. This is a fair comparison for analysis, since the claim can be measured against the standards set by Nevada in three specific areas of corporate asset protection.

Corporate protection consists of three separate factors. The relative asset protection strengths or weaknesses of state corporate law result from how state statutes or case law addresses each of these factors...read more

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A menu of unconnected, fascinating news items that crossed my desk...read more
by Derek Rowley © 2008. All Rights reserved.

Attornery bills hourly for 33 years straight...        Man sues stip club for "loss of capacity for the enjoyment of life"...       

Pennsylvania man draws up fake wills for family members...       State tax collectors track down business owners on Myspace...

Pittsburgh Steelers owners face $539 million in estate taxes...     Google celebrates it's 10th birthday...  

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