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	<title>The Corner Office Blog - An entrepreneurs thoughts on business, personal finance and investing. &#187; Incorporating</title>
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		<title>The Faster Things Change&#8230;</title>
		<link>http://www.thecornerofficeblog.com/2006/09/25/the-faster-things-change/</link>
		<comments>http://www.thecornerofficeblog.com/2006/09/25/the-faster-things-change/#comments</comments>
		<pubDate>Tue, 26 Sep 2006 00:32:32 +0000</pubDate>
		<dc:creator>Grant</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Incorporating]]></category>

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		<description><![CDATA[Over the last few years, I&#8217;ve come to realize a few things about change.
A few bumper stickers I&#8217;ve seen:
&#8220;Change is good!&#8221;
&#8220;Fear change&#8221;
&#8220;The more things change, the more they stay the same&#8221;
Many times changes in the workplace get the most attention, as there&#8217;s typically an outside force that promises changes that those on the inside don&#8217;t [...]]]></description>
			<content:encoded><![CDATA[<!-- sphereit start --><p>Over the last few years, I&#8217;ve come to realize a few things about change.</p>
<p>A few bumper stickers I&#8217;ve seen:</p>
<blockquote><p>&#8220;Change is good!&#8221;<br />
&#8220;Fear change&#8221;<br />
&#8220;The more things change, the more they stay the same&#8221;</p></blockquote>
<p>Many times changes in the workplace get the most attention, as there&#8217;s typically an outside force that promises changes that those on the inside don&#8217;t really want to see.  A takeover or a merger are a prime example.  Merging Company &#8216;A&#8217; with Company &#8216;B&#8217; is never as seamless as people want it to be.  Integrating cultures into a single Company &#8216;C&#8217; power house takes time.  The problem? Time is money.</p>
<p>Company executives would prefer to integrate operations overnight because the longer the integration draws out, the more it will cost the company.  However, you can&#8217;t merge policies, procedures, and schedules in one giant effort without the risk of chaos and anarchy churning in the lower ranks.</p>
<p>Another example is gas prices.  When gas went from $2 to $3 in the few days after hurricane Katrina, people wondered how big oil companies could get away with gouging the public in such a short order.</p>
<p>Politicians got on their soap boxes claiming that &#8220;big oil&#8221; won&#8217;t get away with this and windfall profits taxes would be the item of the day in Congress.</p>
<p>Over this last summer, we again saw gas prices rise from $2 to $3, but over a much longer period of time.  While people surely noticed the trend, the outrage just isn&#8217;t there.  Why?  Because gas prices rose over the course of <em>months</em>, not <em>days</em>.</p>
<p>&#8220;Change&#8221; is many things to many people based on many different circumstances.  However I&#8217;ve realized that it&#8217;s the rate of change that people notice more than change itself.</p>
<p>Draw out a gas price increase over a year and you&#8217;ll have a much different reaction that if you increase them the same amount over a week.</p>
<p>Integrating companies will go much smoother if you do it over months instead of weeks.</p>
<p>Layoffs will seem less dramatic if they happen over longer periods of time.</p>
<p>Change is inevitable, but it&#8217;s the <em>rate of change</em> that has the greatest effect.</p>
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		<title>Is A Series LLC Right For You?</title>
		<link>http://www.thecornerofficeblog.com/2006/05/01/is-a-series-llc-right-for-you/</link>
		<comments>http://www.thecornerofficeblog.com/2006/05/01/is-a-series-llc-right-for-you/#comments</comments>
		<pubDate>Mon, 01 May 2006 14:51:57 +0000</pubDate>
		<dc:creator>Grant</dc:creator>
				<category><![CDATA[Incorporating]]></category>

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		<description><![CDATA[Clark Allison from the California Estate and Business Law Blog has a good post on the protecting real estate in a new entity type called a &#8217;series LLC&#8217;.
It&#8217;s a new entity formation that allows you to create a single LLC, but partition it for each of your properties.  It keeps you from having to form [...]]]></description>
			<content:encoded><![CDATA[<!-- sphereit start --><p><img id="image30" title="House Page" alt="House Page" src="http://www.thecornerofficeblog.com/wp-content/uploads/2006/03/HousePage.jpg" align="left" />Clark Allison from the <a title="Allison Consulting Link" href="http://www.allisonconsulting.com/" target="_blank">California Estate and Business Law Blog</a> has a good post on the <a title="Series LLC Post" href="http://www.allisonconsulting.com/asset-protection-173-if-you-own-investment-properties-a-consider-a-series-llc.html" target="_blank">protecting real estate</a> in a new entity type called a &#8217;series LLC&#8217;.</p>
<p>It&#8217;s a new entity formation that allows you to create a single LLC, but partition it for each of your properties.  It keeps you from having to form a new LLC for each of your different properties, and saves a bundle on formation costs and filing fees.</p>
<p>I don&#8217;t think it&#8217;s available in my state yet, and there is some question as to whether the legal system will, in fact, treat the series LLC as a partitioned entity and keep assets separated.</p>
<p>Definitely something to look into if you&#8217;re looking to protect your investment property.</p>
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