Corporate Structure

50-50 partnership can be a very bad idea

A business with equal 50/50 partners is a unique relationship. While the profits and losses are divided evenly in a straight 50/50 partnership, so are the voting rights. Thus, neither partner can do anything without […]

Business & Corporate

Things to think about after you incorporate

Many companies incorporate and stop there. Failing to take the next steps can cause problems, including “piercing of the corporate veil.” This takes place when a judge determines that shareholders and/or directors should be personally […]

Intellectual Property

Common law trademark not always enough

Under United States common law, the first user of a trademark (which can be a company name, product name, tagline, or logo) in commerce has priority over all later users of identical or confusingly similar […]

Business Considerations

A basic GDPR overview for U.S. websites

The General Data Protection Regulation (GDPR) was approved by the European Parliament and Council in April 2016 as the primary law regulating how companies protect EU citizens’ personal data. In addition to businesses located in […]

Business Considerations

What to include in an employment agreement

The terms of employment are important whether you are a small business owner or a soon-to-be employee. Like most contracts, employment agreements often include state-specific provisions. That said, there are universal elements that should be […]

Corporate Structure

What are the Ongoing Fees for an LLC?

Early-stage entrepreneurs are rightly concerned with how much an LLC will cost to set up. They’re also usually curious about how much it will take to maintain the LLC from year to year. After all, […]