In the modern business environment, the most valuable asset you may have is your company’s intellectual property. Just the same, it’s common for people to misunderstand the differences between copyrights, patents and trademarks. Here’s what you should know. What is a...
Month: February 2021
Month: February 2021
Is changing your company’s incorporation structure an option?
Many entrepreneurs have very little time to invest in learning the pros and cons of specific business structures when they first incorporate their company yet understand them as they interact with others in the corporate world. It’s not uncommon for business owners to...
Can your business partner force you to sell?
Ideally, you and your business partner will stay working together for many years -- perhaps even decades. You’ll have the same vision for when to end the partnership or sell the company, as you both move to retire. But what if things don’t play out that smoothly? Say...
The steps to consider when forced to close your business
You and your business partner made a gallant effort of it for a few years. Your small business shined for a while, and even received a write-up in the local alternative weekly. However, profit margins have fluctuated during the time of the COVID-19 pandemic. Even...
What can you do when another company steals your logo?
Good branding can make or break a company. When customers know and trust your product, they will look for your logo or brand name when making a purchase. Unfortunately, with success comes the risk of someone trying to elbow in on your market. Unscrupulous competitors...
Why do so many small business partnerships fail?
Failure is probably the last thing on your mind when creating a business partnership. Yet, the majority of business partnerships do not last. When they go wrong, it can lead to bitter fallouts that can damage both parties. Successful businesses partnerships require...
Commercial real estate transactions in Georgia
For the business owner planning to buy commercial real estate, whether as part of an expansion or in the initial plunge, it is wise to get the scoop on the complex and sometimes lengthy nature of the process. As it turns out, a commercial real estate purchase and sale...
The mechanics of a buy-sell agreement in Georgia
When two or more people decide to start their own business, they rarely pay much attention to the end of the business or to the choice of one or more owners to leave the business. Like a marital divorce, a small business divorce can be contentious and destructive of...
Important components of a valid business contract
Business contracts form the basis of most business relationships and outline the agreement between the parties and the rights and obligations of the parties to one another. Because business dealings can sometimes result in a contract dispute, it is helpful for...
How Can Crowdfunding Raise Business Funds?
Raising funds for a new business can be a tricky assignment, especially in this economic climate. Business owners need to find alternative means of raising crucial funds for new ventures or business operations changes. Operating in an entrepreneurial environment means...
