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Of all the choices you make when starting a business, one of the most important is the type of legal organization you select for your company. This decision can affect how much you pay in taxes, the amount of paperwork your business is required to do, the personal liability you face and your ability to […]

Buy-sell agreements are essentially types of contracts that detail how a business may be impacted by certain events that may affect its shareholders. Also referred to as buyout agreements, buy-sell agreements can offer business owners various protections in the future, potentially preventing them from having to go through costly litigation when changing circumstances affect business […]

The U.S. Department of Labor administers more than 180 million federal employment laws that impact about 10 million businesses and 125 million employees in the U.S. While a significant portion of these federal employment laws are focused on specific industries, there are some major statutes that are generally applicable to businesses operating in the U.S. […]

When you are ready to start a small business, there can be a lot to do, and the choices you make now can impact you and the success of your business in a big way down the line. In this three-part blog series, we will reveal some the specific things that an experienced business attorney […]

Contracts are the cornerstones of many businesses, as they define various crucial business relationships, include those between a business and its employees, vendors, distributors, etc. Whether you are just getting your business started or your business has been operating for some time, knowing the fundamental elements that business contracts should include can be essential to: […]

Consultants, contractors and other employees can be asked by their employers to sign non-compete agreements, which are essentially contracts preventing people from sharing the trade secrets or intellectual property of a business with another company. While non-compete agreements are popular and widely used in the tech industry: They can come into play in any industry […]

Wrapping up our blog series How to Create a Business Plan: 7 Elements of a Successful Business Plan, below, we will explain the final three components that are essential to developing a comprehensive business plan that can position your future business for optimal success. Final Components of a Comprehensive Business Plan 5. Your Products or […]

Picking up from where How to Create a Business Plan: 7 Elements of a Successful Business Plan (Pt. 1) left off, below, we will continue pointing out some of the most essential aspects of a comprehensive business plan. More Important Components of a Successful Business Plan… 3. The Business Goals After describing the business’ operations […]

When you are ready to start your own business, one of the first steps in the process will be to create a business plan to outline the various details of your business. While it is possible to forego this step, taking the time to create a business plan that is comprehensive can optimize your chances […]

In many cases, offers of employment are “at-will,” meaning that an employer can – at any time – end the relationship and let an employee go without cause or reason. Despite this fact, however, there are cases in which firing a person from his job may be illegal and, as a result, the wrongfully terminated […]