When you make the decision to sell your business, it is important to take each step of the deal process seriously. It is easy to focus on the finish line, but this can get you into trouble if certain terms and conditions are not properly negotiated before closing the deal. One very critical part of [..]
If you are a single-owner of a limited liability company (LLC), it is important to understand that registering with the Secretary of State may not be enough to limit your personal liability. Filing your Articles of Organization is important, but so is what you do after you register your entity. A creditor’s lawyer will conduct [..]
If you are preparing to sell your company, there are some big mistakes that entrepreneurs commonly make, including failing to: Create Competition. Don’t limit your selling base to one potential buyer. In order to obtain the best price possible, create a competitive bidding process, or at least the perception of one. In order to accomplish [..]
If you are starting a new business, you are facing numerous difficult decisions. These decisions can directly affect the success of your company, so you want to make sure you get them right. A few decisions that warrant seeking legal advice are: Choosing a Legal Structure Selecting the most advantageous legal structure for your entity [..]
When you start a new business, one of the most important steps you can take to ensure its success is to protect your company’s intellectual property. This includes your start-up’s name, logo, inventions or trade secrets. As for the timing, you should register your company’s trademarks as quickly as possible. There are many benefits of [..]
In an ideal world, when you enter a contract both parties would fulfill their obligations and be satisfied with the outcome. Unfortunately, the reality is that there are many factors that can cause contracts to be breached. Delays happen, unforeseen financial problems occur, and other unexpected events can hinder or even prevent a successful contract [..]
Whether you are just starting your business or you have been established for years, you are probably looking for ways to save money and keep your expenses down. When it comes to legal matters, however, it is important for all business owners to understand that retaining a business attorney to protect your entity’s best interests [..]
If you own a family business, it is critical that you create a plan for how your business will be run once you are ready to retire. Many small business owners think their oldest child should be next in line to run the company, but this may not be the wisest choice. Your son or [..]
All businesses, regardless of size, should be taking measures to protect their digital data. This includes protecting business emails that are sent on a daily basis. Many people do not realize that their unsecured emails can be intercepted by unintended parties. This can put the welfare of your business and your customers or clients in [..]
What distinguishes your start-up company from its competitors? It is likely an idea, logo, code, customer list or other similar intangible asset. So, it is important to take measures to protect the unique aspects that set your entity apart from the others. Failure to do so can mean significant legal struggles for you in the [..]
