If you have ever read a contract and did not understand at least one of the provisions, chances are it was the indemnification section. Yes, the words are confusing and there might be only a single long sentence in the whole paragraph, and that paragraph could be as long as a full page. Ugh! Even [..]
Buying or selling a business can be a very exciting time for both the buyer and seller. As a buyer, you may be starting a brand new venture or growing your existing business. As the seller, you may be moving on to new and different projects or life experiences. Either way, this transaction involves much [..]
Outsourcing has become an effective and efficient way to operate multiple aspects of a business. Many business owners see merit in using skilled experts who can complete clearly-defined projects for their company without having the permanence of an employment relationship. When this outsourced work consists of original work, including writings, translations, music, and certain types [..]
The only thing constant in business is change. Whether it’s your business operations or matters relating to your workers, changes in your supply chain or in your customer base, federal regulatory updates or new case law in your state…changes bring both concerns and opportunities. As a business owner, it’s your responsibility to anticipate, recognize, and [..]
Business is all about relationships. Day in and day out, a business owner is coming to agreement with customers, employees and partners about how they will do business together. Although it may seem unnecessary, especially when conducting business with friends or family members, taking the time to document the agreement in writing is a sound [..]
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 [..]
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 [..]