Advertising Laws for Small Businesses
Having a great product or service is not always enough. If customers are not aware of your business, it is difficult to build brand awareness, create demand, grow a customer base, and increase sales. Word-of-mouth marketing can be highly effective, but most small businesses also dedicate a portion of their budget to advertising. Let’s look at […]
Why Your LLC Needs an Operating Agreement
Operating agreements are not required in most states; however, that should not dissuade you from creating one. Having an operating agreement can provide your business with many benefits and can help you avoid significant problems.
How to Pay Yourself When You Own an LLC
As an LLC owner, you can be taxed as a sole proprietorship (if you are the LLC’s sole member), a partnership (if your LLC has two or more members), or a corporation. An LLC also offers owners flexibility in how they pay themselves. How you get paid by your LLC depends on the tax classification you choose. There are various rules for how different business entities are allowed to pay their owners as well as IRS guidelines to consider.
What You Need to Know About S Corporations
A business is only as strong as its foundation. To set your business up for future success, you need a structure and tax classification that will maximize its potential. If you have questions about which structure and tax status are right for your company, or if you are ready to elect S corporation status, our business lawyers are here to help.
What Is the Difference between a Trust and an LLC?
Whether a trust or an LLC is a better choice may depend on the type of asset, but you do not necessarily have to choose between the two. In fact, an LLC can be placed in a trust. To explain how that works, it is first necessary to better understand each type of entity and clear up some common misconceptions about them.
How to Handle an Employee Injury on the Job
On-the-job injuries are an unfortunate reality for many employers. Every year, millions of employees suffer injuries and illnesses in the workplace. While some industries have a higher risk of harm than others, you can expect to deal with an injured worker at some point, even if your team works from the relative safety of an office.
Friend or Foe? How to Protect Your Business During Collaborative Projects
Standing out in today’s crowded digital marketplace requires business owners to think creatively about brands. Customer attention is a limited commodity that all brands compete for. But there may be opportunities to partner with other brands to gain consumer attention and loyalty with collaborative projects.
Is My Electronic Signature Valid?
When applying an e-signature, you may have wondered if it is legally valid. The short answer is yes. E-signatures carry the same legal weight as handwritten signatures for almost every type of business and personal transaction in every US state and much of the industrialized world. However, to be valid, an electronic signature must meet certain requirements. There are also a few types of documents that cannot be e-signed.
Starting a Short-Term Rental Business
Short-term rentals are nothing new. For decades, homeowners have been renting out their properties in touristy areas to earn income. But with the advent of platforms such as Airbnb and VRBO, there has been an explosion in short-term rentals, including many in areas that were not previously considered travel destinations.
Should My Business Use Arbitration Clauses?
Arbitration provisions, which allow legal disputes to be settled outside of the court system, are increasingly found in contracts of all kinds, including employment contracts. A series of court rulings over the years has spurred the increased use of arbitration clauses.
