Are you thinking about launching a new business in 2014? If so, you need to set the right legal foundation or risk costly consequences down the road. Here are five legal tips for entrepreneurs: Find a legal adviser. The best time to have a business lawyer is when you’re just starting out. He or she […]
Read MoreEarlier this year, Microsoft was on the wrong end of an English court ruling that found the software giant had infringed on the trademark of British broadcasting company BSkyB with its SkyDrive cloud storage service. Instead of appealing the ruling, Microsoft decided to rebrand the service. Before your company has a misstep with intellectual property […]
Read MoreWith the U.S. divorce rate at around 50% for first marriages and even higher for second marriages, a divorce’s impact on the fate of your business should be cause for concern. The best thing that business owners can do is take preventive measures to ensure their companies will not suffer from a divorce – either […]
Read MoreThe term “patent troll” has entered the corporate vernacular thanks in large part to the ongoing “smartphone patent wars” as well as the increasing number of companies that have begun to take a stand in fighting the malicious behavior of entities that exist solely for filing frivolous patent litigation. According to a White House report […]
Read MoreBeyond the products or services you offer, your company has intellectual property that needs to be rigorously protected. Too often, business owners and entrepreneurs neglect to put the proper safeguards in place, which can lead to big legal expenses down the road. Here are 6 costly IP mistakes you need to avoid to protect your […]
Read MoreMost business owners build a business with an endgame in mind: either cashing it out or passing it on. Whatever your scenario is for what happens to your business when you retire or die, it is not likely to happen without a comprehensive plan that aligns your personal and business objectives. If you plan to […]
Read MoreConsider all the time you have spent or will spend building your business – and then consider how much energy you have spent on how to protect it or protect your family from it. Unfortunately, many small business owners don’t give much thought to asset protection until it’s too late – when a suit is […]
Read MoreInc. magazine recently wrote an article that made me realize many business people are flying blind about the legal parts of business. These are all places you could get in trouble, if you aren’t awake, aware and doing business with your eyes wide open. Personal assets are protected by the right business entity. Choosing a […]
Read MoreNew business owners must weigh the pros and cons of the choices they make when it comes to choosing the right business entity for a new enterprise; Entrepreneur recently posted 7 myths that could get in the way of selecting the best business entity: An LLC saves taxes. The Limited Liability Company (LLC) is designed […]
Read MoreOne of the most common business disputes involves a breach of contract, where lawsuits are filed because one party believes another party has failed to deliver on the terms of a written –or sometimes oral – contract. If your business is ever involved in a breach of contract suit, you need to be aware of […]
Read MoreIt’s been said that into every life a little rain must fall, and for small business owners, that shower (or storm) can come in the form of a customer or client’s bankruptcy. Here are some tips on what you need to do to improve your odds of getting paid: Stop contact. Bankruptcy law prohibits creditors […]
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