The limited liability company, or LLC, is a type of business entity that provides protection for the owner’s personal assets should the business not have sufficient assets to cover debt that becomes due. If your business is organized as an LLC, your own personal liability for the LLC’s actions is significantly limited. If your company [..]
The Limited Liability Company, or LLC, is a business entity structure known (and loved) for the flexibility it offers to its Members in deciding how to manage their company. For a Corporation, many statutes exist regarding the people involved (Officers, Directors and Shareholders), bylaws, voting and meeting requirements, fiduciary duties, and many other aspects of [..]
For centuries, business owners have been working with interns (or apprentices) as a way to train the next generation of workers and to inexpensively complete needed tasks in their business. As an intern, a student or inexperienced worker can improve their abilities in their chosen professional field and expand their knowledge by working with and [..]
In my law practice, I’ve heard countless business owners declare that non-compete agreements are not enforceable. Well, it’s true…if they’re not properly written, they’re not enforceable. But non-competes have been the subject of numerous cases in Arizona, and through this body of case law, clear guidelines have been handed down regarding what constitutes an enforceable [..]
In today’s gig economy, business owners are outsourcing tasks that are critical to the success of their business. These outsourced experts may be creating a tagline, designing a website, photographing your products, writing code for an app, or drafting the messages for your marketing materials. While they may be great partners and may produce great [..]
It’s an unpleasant topic—planning for one’s own death—but it needs to be done. In fact, once estate-planning documents are drafted and signed, most people feel a giant weight lifted from their shoulders and wonder why they didn’t do it sooner. There are several essential documents that make up a complete estate plan for most people. [..]
One of the most exciting decisions when you start a new business is deciding upon the name of the business. You will, of course, be using that name in so many ways: on business cards and letterhead, in marketing materials and social media, on signage if you have a physical location, and many more. Over [..]
New and growing businesses often face the dilemma of whether to hire employees or engage independent contractors. A business may have the need for a specific task to be performed by an individual with a unique skill set, or the business could generally be increasing its workforce. Regardless of the reason, it is critically important [..]