For the love of your business
For the love of your business
Q: How does proper documentation help protect my business against employee lawsuits for wrongful termination? –Cautious Company Owner A: Dear Cautious: If a fired employee sues you, by far the most powerful weapon you have to defend yourself is complete, thorough, and contemporaneous documentation of the employee’s behavior. Thoroughly documenting all employee incidents, along with […]
Read MoreWhen launching a new business, one of your first priorities should be to secure the appropriate legal protection for your company’s intellectual property (IP). Depending on the type of IP involved, this can require securing patents, trademarks, and/or copyrights. Among the very first IP elements you’ll want to protect is your company’s brand name and […]
Read MoreAlthough you might think of your team as family and believe that they would never sue you, lawsuits filed by employees are actually one of the most common causes of litigation for business owners. In fact, nearly one in every five small businesses will eventually get sued by an employee. Of all types of lawsuits […]
Read MoreIn last week’s election, California voters gave Uber, Lyft, and other rideshare companies a major victory in the battle over the future of gig workers by passing Proposition 22. The hotly contested ballot measure exempts workers for these companies from Assembly Bill 5 (AB 5), a controversial new state law that makes it much more […]
Read MoreSetting up the proper legal structure for your business may seem like a boring detail that you won’t need to spend much time on. But the truth is, selecting the right entity for your company is one of the most crucial decisions you can make as a business owner. That said, there are all sorts […]
Read MoreNovember 6, 2020 is “National Love Your Lawyer Day,” which started in 2001 as a way to celebrate lawyers for their positive contributions and encourage the public to view lawyers in a more favorable light. As Family Business Lawyers, we’re dedicated to improving the public’s perception of lawyers by offering business-centered legal services specifically tailored […]
Read MoreQ: Is my business eligible for the Employee Retention Tax Credit (ERTC)? –Hopeful Business Owner A: Dear Hopeful: If you did not take a PPP loan, you may be eligible for ERTC. This tax credit is worth 50% of qualifying wages, with payment up to $10,000 per employee. The credit applies to wages paid from […]
Read MoreTaxes are a thorn in just about every entrepreneur’s side. Indeed, taxes are your single biggest business expense. That said, it’s fairly easy to reduce the amount of sting taxes cause—but you do have to be proactive. And we’re not talking about doing anything illegal. We’re not suggesting you evade paying taxes; that’s a recipe […]
Read MoreWhen you first realize that your biggest personal and business expense—bar none—is taxes, it can come as quite a shock. Seeing so much of your hard-earned money wind up in the government’s hands can feel like a shakedown. That said, focusing a relatively small amount of time and effort into strategically reducing your taxes can […]
Read MoreWhen launching a new business, it’s crucial that you put the right insurance in place. In addition to having the correct legal entity set up, insurance is the primary way to protect your personal assets from the activities of your business. Without the right insurance—or with too little of the insurance you do need—you could […]
Read MoreWhen launching a new business, it’s crucial that you get the right insurance in place for your company. In addition to having the correct legal entity set up, insurance is the primary way to protect your personal assets from the activities of your business. Without the right insurance—or with too little of the insurance you […]
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