Built in CV

builtincv

Built in CV is a podcast dedicated to exploring the dynamic business landscape of the Coachella Valley. Hosted by Shameika Rhymes, the show features insightful conversations with local entrepreneurs, business leaders, and legal experts like Daniel H. Brumer. Each episode delves into the unique challenges and opportunities faced by businesses in the region, offering practical advice and fostering a sense of community. Whether you're a seasoned business owner or just starting out, Built in CV provides valuable insights and strategies to help you navigate the complexities of business law and thrive in the Coachella Valley.

Episodes

  1. 1d ago

    Buying or Selling a Business in California: What Owners Should Expect Legally

    Episode Summary: In this episode of Built-in CV, host Evan Mack sits down with Daniel H. Brumer, a seasoned California business attorney, to explore the intricate process of buying and selling businesses. Daniel delves into the initial steps of entrepreneurship through acquisition, emphasizing the importance of a solid business plan and market analysis. He explains the critical distinction between purchasing business assets versus the business entity itself, highlighting the implications for liability and risk management.  The conversation covers due diligence, the necessity of transparent financial records, and the role of disclosure schedules in negotiations. Daniel shares insights on handling existing contracts, leases, and employee transitions during ownership changes. He also discusses potential pitfalls in deferred payment arrangements like seller financing and earn-outs. Listeners will gain valuable knowledge on structuring deals to mitigate risks and ensure a smooth transition, making this episode essential for anyone involved in business transactions. Key Timestamps: 00:01 – Introduction 00:54 – Entrepreneurship in Acquisition 01:12 – Importance of a Business Plan 01:28 – Deciding to Sell a Business 02:13 – Asset vs. Entity Purchase 03:09 – Liability and Bulk Sales Process 04:49 – Common Deal Challenges 05:34 – Due Diligence and Risk Allocation 06:37 – Verifying Business Details 08:26 – Handling Existing Contracts 09:47 – Deferred Payment Considerations 12:24 – Post-Deal Regrets and Escrow 14:22 – Ensuring Sufficient Working Capital About the Show: Built-in CV is a podcast dedicated to providing entrepreneurs and business owners with practical legal insights to navigate the complexities of running a business. Hosted by Evan Mack, the show features expert guests like Daniel H. Brumer, who share their knowledge on topics ranging from contracts and real estate to business acquisitions and liability management.  With a focus on clarity and actionable advice, Built-in CV aims to empower listeners with the tools they need to make informed legal decisions and achieve business success. Visit More: https://cvbusinesslaw.com

    Buying or Selling a Business in California: What Owners Should Expect Legally
  2. Oct 30

    Commercial Leases: What Business Owners Should Know Before Signing

    Episode Summary:  In this episode of Built in CV, host Evan Mack sits down with Daniel H. Brumer, a seasoned California business attorney and founder of CV Business Law, to explore the intricacies of commercial leases. Daniel explains the critical differences between commercial leases and residential leases, emphasizing the importance of understanding base rent, additional charges, and percentage rent. He advises business owners on conducting thorough inspections before signing a lease and negotiating terms such as tenant improvement allowances and personal guarantees. Daniel also shares insights on the potential risks involved in lease agreements, including personal liability and the implications of falling behind on rent. This episode provides valuable guidance for entrepreneurs looking to secure a commercial space while minimizing financial exposure and maximizing negotiation leverage. Key Timestamps: 00:01 – Introduction 00:09 – Differences Between Commercial and Residential Leases 01:09 – Understanding Base Rent and Additional Charges 01:56 – The Concept of Percentage Rent 02:29 – Maintenance Obligations in Commercial Leases 03:10 – Common Surprises for Tenants 04:03 – Importance of Pre-Lease Inspections 05:13 – Negotiating Tenant Improvement Allowances 06:03 – Deciding on Lease Length and Renewal Options 07:04 – Risks of Personal Guarantees 08:05 – Strategies to Limit Personal Guarantee Exposure 09:00 – Negotiating Lease Terms and Conditions 10:05 – Handling Lease Defaults and Negotiated Resolutions 13:09 – Approaching Standard Lease Agreements About the Show:  Built in CV is a podcast dedicated to providing entrepreneurs and business owners with practical legal insights and strategies for navigating the complexities of running a business. Hosted by Evan Mack, the show features expert guests like Daniel H. Brumer, who share their knowledge on topics ranging from contracts and real estate to business law and financial planning. With a focus on clarity and actionable advice, Built in CV aims to empower listeners to make informed decisions and achieve success in their ventures. Visit More: https://cvbusinesslaw.com

    Commercial Leases: What Business Owners Should Know Before Signing
  3. Oct 16

    Starting a Business in California: Legal Decisions That Matter Early

    Episode Summary: In this episode of Built in CV, host Leann Lyon sits down with Daniel H. Brumer, a California business attorney and founder of CV Business Law, to explore the foundational legal considerations for new business owners in California. Daniel discusses the importance of choosing the right business entity—be it a corporation, LLC, or partnership—and the implications of limited liability. He delves into the tax considerations that influence these decisions and explains the significance of proper business partner agreements and governance structures. Daniel also highlights the regulatory landscape in California, emphasizing the need for licenses and permits. This episode is essential for entrepreneurs looking to establish a solid legal foundation for their businesses, ensuring they are protected and compliant from the start. Key Timestamps: 00:01 – Introduction 00:43 – Legal Requirements for New Business Owners 01:13 – Choosing the Right Business Entity 02:08 – Importance of Limited Liability 03:32 – Tax Considerations for Business Entities 04:10 – Entity Choices for Real Estate and Regulated Industries 06:01 – Understanding Pass-Through Entities 07:12 – Double Taxation and S Corporations 08:35 – Tax Benefits for Startups 09:48 – Control and Governance in Business Entities 11:05 – Federal vs. State Tax Issues 11:58 – California Licenses and Permits 13:32 – Resources for Business Owners 15:04 – Structuring Business Partnerships 17:10 – Governance and Decision Mechanisms About the Show: Built in CV is a podcast dedicated to helping entrepreneurs and business owners navigate the complex legal landscape of running a business in California. Hosted by Leann Lyon, the show features expert insights from Daniel H. Brumer, a seasoned business attorney. Each episode breaks down essential legal topics, from entity formation and contracts to regulatory compliance and tax strategies. With a focus on clarity and practicality, Built in CV equips listeners with the knowledge they need to build and sustain successful businesses, making it a valuable resource for anyone looking to thrive in the competitive business world. For more information, visit our website: https://cvbusinesslaw.com/

    Starting a Business in California: Legal Decisions That Matter Early
  4. Oct 2

    Business Contracts: What Should You Look For Before You Sign?

    Episode Summary:  In this episode of Built in CV, host Leann Lyon sits down with Daniel H. Brumer, a California-based attorney and founder of CV Business Law, to discuss the crucial aspects business owners need to consider before signing contracts. Daniel emphasizes the importance of thoroughly understanding contract terms to avoid potential disputes and the limitations of relying on AI for contract review.  He explains the significance of maintaining attorney-client privilege and the pitfalls of automatic renewals and standard terms in commercial contracts. Daniel also highlights the necessity of evaluating risk tolerance and understanding liability limitations. This episode provides valuable insights for entrepreneurs and business owners to make informed legal decisions, ensuring their business interests are protected. Key Timestamps: 00:01 – Introduction 00:06 – Importance of Reading Contracts Thoroughly 01:32 – Role of Legal Counsel in Contract Review 01:48 – AI in Contract Drafting and Review 03:36 – Attorney-Client Privilege and AI 05:18 – Ensuring Contracts Reflect Agreed Terms 06:48 – Complexity and Detail in Contracts 08:32 – Automatic Renewals and Contract Terms 10:28 – Negotiating Standard Online Contracts 12:29 – Risk Assessment in Contract Agreements 14:10 – Termination Rights and Exit Strategies 15:13 – Key Contract Clauses to Review 16:42 – Limitation of Liability and Insurance About the Show:  Built in CV is a podcast dedicated to empowering entrepreneurs and business owners with the legal knowledge they need to succeed. Hosted by industry experts, the show delves into topics such as contract law, real estate, and business strategy, providing practical advice and insights. With a focus on clarity and actionable guidance, Built in CV aims to demystify complex legal concepts, helping listeners make informed decisions that protect and grow their businesses. For more information, visit our website:  https://cvbusinesslaw.com/

    Business Contracts: What Should You Look For Before You Sign?
  5. Sep 4

    Restaurant, Hospitality, and Service Businesses: Legal Issues That Cause Problems Early

    Episode Summary:  In this episode of Built in CV, host Shameika Rhymes sits down with Daniel H. Brumer, founder of CV Business Law, to delve into the unique legal challenges faced by restaurants, hospitality businesses, and service companies. Daniel shares insights from his experience advising entrepreneurs and family businesses, focusing on critical areas such as leasing complexities, employment issues, and the importance of contracts.  He highlights the pitfalls of percentage rent in leases and the necessity of wage and hour compliance. The discussion also covers the nuances of employee versus independent contractor classification in California and the importance of having clear ownership and management agreements. Listeners will gain valuable strategies for avoiding costly legal missteps and ensuring their business's long-term success. Key Timestamps: 00:01 – Introduction 00:41 – Unique Challenges in Hospitality and Service Industries 01:44 – Overcoming Supply Chain and Leasing Issues 03:08 – Early Decisions that Lead to Expensive Problems 04:27 – Understanding Commercial Lease Terms 05:18 – The Trap of Percentage Rent 06:39 – Importance of Wage and Hour Compliance 07:35 – Employee vs. Independent Contractor in California 08:51 – Essential Workplace Policies 10:17 – Importance of Vendor and Contractor Agreements 12:05 – Key Ownership and Management Conversations 14:20 – Planning for Partner Succession and Estate Issues 16:28 – Early Focus on Accounting and Bookkeeping About the Show:  Built in CV is a podcast dedicated to helping entrepreneurs, operators, and family businesses navigate the complex legal landscape of business operations. Hosted by Daniel H. Brumer, a seasoned California business attorney, the show offers practical advice on contracts, real estate matters, and general counsel needs.  With a focus on clarity and actionable insights, Built in CV aims to empower business owners to make informed decisions and avoid legal pitfalls. Whether you're starting a new venture or managing a growing company, this podcast provides the guidance you need to succeed. For more information, visit our website:  https://cvbusinesslaw.com/

    Restaurant, Hospitality, and Service Businesses: Legal Issues That Cause Problems Early
  6. Aug 21

    Outside General Counsel Explained

    Episode Summary: In this episode of Built in CV, host Shameika Rhymes is joined by Daniel H. Brumer, founder of CV Business Law, to explore the critical role of outside general counsel for small and midsize businesses. Daniel explains how having a dedicated legal advisor integrated into a business can provide cost-effective, proactive legal solutions, as opposed to the reactive and often costly nature of occasional legal help. They discuss the benefits of having legal guidance in areas such as contract execution, employee management, and risk assessment. The conversation also touches on the impact of AI on legal services and the importance of developing a strong, ongoing relationship with legal counsel. Listeners will gain insights into how a continuous legal partnership can enhance decision-making processes and prevent potential legal issues. Key Timestamps: 00:01 – Introduction 00:41 – Understanding Outside General Counsel 01:58 – Challenges of Occasional Legal Help 03:24 – Proactive vs. Reactive Legal Management 05:06 – Key Business Decisions Needing Legal Guidance 06:32 – The Role of AI in Legal Services 08:22 – Responsible Use of AI in Business 09:22 – Differences from Single Transaction Legal Services 10:28 – Benefits of Ongoing Legal Relationships 11:57 – Common Business Legal Questions 12:41 – Characteristics of a Healthy Legal Relationship 13:52 – Impact on Business Decision-Making 15:10 – Ideal Business Types for General Counsel 16:31 – Signs It's Time for Ongoing Legal Counsel About the Show: Built in CV is a podcast dedicated to helping business owners and entrepreneurs navigate the complex world of business law. Hosted by Shameika Rhymes, the show features insightful discussions with legal experts like Daniel H. Brumer, who share their knowledge on topics ranging from contract law to risk management. Designed for entrepreneurs, operators, and family businesses, the podcast aims to provide practical legal advice in an accessible and engaging format. Listeners can expect to gain valuable insights that will empower them to make informed business decisions and protect their ventures. For more information, visit our website: https://cvbusinesslaw.com/

    Outside General Counsel Explained
  7. Jul 24

    When Does a Small Business Actually Need a Lawyer in Coachella Valley?

    Episode Summary: In this episode of Built in CV, host Shameika Rhymes welcomes Daniel H. Brumer, a seasoned California business attorney and founder of CV Business Law. They dive into the critical moments when small businesses should seek legal counsel. Daniel emphasizes the importance of legal guidance during business formation, partnership agreements, and employee hiring, particularly in California. He discusses the pitfalls of handshake deals and the necessity of having written agreements to avoid future disputes. The conversation also covers the role of a business plan in legal consultations and the significance of having ongoing legal counsel for recurring business decisions. Daniel's insights help business owners understand when operating without legal advice becomes risky, offering listeners practical advice to protect their ventures from costly mistakes. Key Timestamps: 00:01 – Introduction 00:25 – Importance of Legal Guidance in Business Formation 01:56 – Critical Times for Legal Discussions 02:35 – Role of Business Plans in Legal Consultations 03:54 – Necessity of Written Agreements 05:08 – Risks of Informal Agreements 07:30 – Balancing Written Contracts and Trust 08:02 – Discussing Exit Strategies Early 09:46 – Recognizing Need for Ongoing Legal Counsel 10:42 – Handling New Business Partnerships 12:24 – Employee Ownership and Legal Strings 12:52 – Signs of Risk Without Legal Counsel 13:46 – Learning from Mistakes in Business About the Show: Built in CV is a podcast dedicated to helping entrepreneurs, operators, and family businesses navigate the complexities of business law. Hosted by California business attorney Daniel H. Brumer, the show offers practical insights into contracts, business decisions, real estate matters, and general counsel needs. With a focus on clarity and actionable advice, Built in CV aims to empower business owners with the knowledge they need to make informed legal decisions and protect their ventures from potential pitfalls. cvbusinesslaw.com

    When Does a Small Business Actually Need a Lawyer in Coachella Valley?
  8. Jul 10

    Why Coachella Valley Businesses Need Their Own Kind of Business Counsel

    Episode Summary: In this episode of Built in CV, host Shameika Rhymes interviews Daniel H. Brumer, founder of CV Business Law, about his journey into business law and his focus on serving the Coachella Valley community. Daniel shares his background in real estate and corporate law, explaining how his experiences in Los Angeles and New York shaped his holistic approach to advising small businesses and family offices. He discusses the unique business landscape of the Coachella Valley, emphasizing the importance of local entrepreneurship and the grit of its business community. Daniel also highlights the critical role of proactive legal advice in helping businesses thrive and the importance of building strong foundations from the start. Listeners will gain insights into the value of legal counsel in business development and the significance of fostering community among local entrepreneurs. Key Timestamps: 00:01 – Introduction 00:34 – Daniel's Path to Business Law 02:00 – Choosing Coachella Valley 03:12 – Coachella Festival's Impact 04:27 – Unique Business Community 05:40 – Legal Needs of Small Businesses 06:19 – Trust and Long-term Advice 07:30 – Early Business Conversations 08:53 – Business with Friends 10:27 – Advising Local vs. Big City Businesses 12:00 – Legal Guidance Value 13:15 – Initial Consultation Process 14:22 – Goals for Local Entrepreneurs About the Show: Built in CV is a podcast dedicated to exploring the dynamic business landscape of the Coachella Valley. Hosted by Shameika Rhymes, the show features insightful conversations with local entrepreneurs, business leaders, and legal experts like Daniel H. Brumer. Each episode delves into the unique challenges and opportunities faced by businesses in the region, offering practical advice and fostering a sense of community. Whether you're a seasoned business owner or just starting out, Built in CV provides valuable insights and strategies to help you navigate the complexities of business law and thrive in the Coachella Valley.

    Why Coachella Valley Businesses Need Their Own Kind of Business Counsel

About

Built in CV is a podcast dedicated to exploring the dynamic business landscape of the Coachella Valley. Hosted by Shameika Rhymes, the show features insightful conversations with local entrepreneurs, business leaders, and legal experts like Daniel H. Brumer. Each episode delves into the unique challenges and opportunities faced by businesses in the region, offering practical advice and fostering a sense of community. Whether you're a seasoned business owner or just starting out, Built in CV provides valuable insights and strategies to help you navigate the complexities of business law and thrive in the Coachella Valley.