Business Start-Up and Entities
Most business owners know that they should have a business entity such as a corporation, limited liability company, or registered partnership, but many business owners don’t understand exactly why they should file or create an entity. In the vast majority of cases, asset protection continues to be the primary reason for incorporating or forming a […]
50 Shades of Contract
The “50 Shades of Grey” movie is a good reminder that we’re sometimes faced with the need to negotiate a quick and dirty contract without a lawyer. Although the movie’s characters, Christian and Anastasia, probably couldn’t get a judge to enforce the unusual agreement proposed, a simple contract can handcuff the respective parties. While lengthy documents […]
10 Great Business Ideas to Avoid
Many business owners have heard the old wisdom: all you need are a good idea, a business plan, capital, and hard work – plus good (legal) advisors – to be successful. Good intentions will only get you up and running. Below are some nuggets of wisdom from me as a business owner and advisor to […]
Social Media Accounts are Business Assets Too!
When business owners list their business assets, they might not consider including the company’s Facebook page or Twitter account. Yet, in an increasingly digital world, that social media account you worked so hard to build could be considered business property in court. While essentially marketing tools, social media accounts are akin to customer or subscriber […]
Don’t Let Gamers Trespass Looking for Monsters
Many thought the popular Pokémon phrase, “Did you “catch ’em” was a fad of the past. As it turns out, Pokémon is still going strong, and other gaming companies are in a competitive race to provide gamers better experiences and augmented reality. For instance, the notoriously secret company, Magic Leap, recently created new augmented reality […]