Four Steps To Take Before Purchasing an Existing Small Business

So you want to purchase an existing small business, first of all, congratulations on attempting this great feat. Buying an existing business can be a better way to start a business if financial funds allow because not only is the business probably already making a profit, it has established goodwill in its name and most… Continue Reading

How to prepare your 50/50 partnership for a deadlock

Often times it absolutely makes sense why a solo entrepreneur at some point or another would want to enter into a partnership with someone else, such as a friend, family member, or random business partner. For one, two heads are better than one and also because it helps ease the loneliness that can sometimes come… Continue Reading

Is My Worker an Independent Contractor or an Employee: Why Knowing This Distinction Matters

As a business owner, it is imperative that one understands the difference between an independent contractor versus an employee because intentionally or carelessly misclassifying a worker can sometimes result in significant financial consequences for a business and if you are a small business or any business for that matter this can often times be financially devastating… Continue Reading

CAN I FILE A TRADEMARK BEFORE I START USING THE MARK?

Distinguishing Between Intent to Use and Actual Use Intent to Use: This type of trademark application is filed with the United States Patent and Trademark Office “USPTO” before you actually start using a mark or offering services associated with the mark. Actual Use: This type of application is filed with the USPTO after the first use of… Continue Reading

Will An LLC Or A Corporation Shield Me From Personal Liability?

The whole goal behind registering your business as a Limited Liability Company (LLC) or a Corporation is to take advantage of the protections offered to individuals who own such entities, such as shielding oneself from personal liability pertaining to debts of the business, however protection is not absolute there are different instances where you lose… Continue Reading

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