Crowdfunding is one way that business owners sometimes get their company off of the ground. This often happens when they have a good idea or they’ve even invented a product, but they simply don’t have the financial backing to put it into production. For example, a...
To avoid disputes and give your business the best chance of success, you need to find the right business partner. If you already know that you want to work with someone else but you haven’t chosen that person yet, then it’s important to consider what you want to look...
You’ve spent many years working for other people but there has also been a burning desire to start your own business. You launched your company as a side project and it soon became very popular. In fact, you’re beginning to wonder if this is where you should be...
You have many critical decisions to make before you open the doors of your new small business to the public. If you are still forming your company and have not yet chosen its legal structure, take some time to consider all your options. Those looking to one day obtain...
A business partner can be like a spouse. The two of you combine your resources and try to build something new and special that is valuable to both of you. You have some responsibility to one another and can massively influence one another's financial or legal...
Imagine this, you’re walking down the street when you pass a Marilyn Monroe print posing in modern designer shoes. A few blocks down Elvis Presley is singing and dancing in a cleaning advertisement. Just around the corner, a Dr. Seuss cutout sits in the window of a...
Intellectual property (IP) is one of the most important assets a business can have. It includes trademarks, copyrights, and patents. When you give up the right to your IP, you are giving up a valuable asset. In some cases, giving up the right to do business with...
Your employment contracts are your first line of protection against misconduct by and claims from your employees. What you include in your contracts will play a major role in how much damage one person can do while they work for your business or after they leave....
When you enter a business relationship with a partner, vendor or client you have a contract that outlines the goals and responsibilities of the relationship. One part of the contract includes how to resolve disputes. In the past, many contracts only offered...
Whether you intend to go into business with one person whom you have known since college or a group of individuals you met through an investor, you need to protect yourself. You don't want to commit a huge amount of money and time to create a business, only to have...