Business Law

As a business owner, you must consider what’s best for you and your business. Sometimes, creating a financial and legal separation between you and your business is the best option.  If you are considering this, creating a C Corp may be right for you. Before moving...

You and your best friend have always talked about going into business together. Now, you’re both ready to turn the dream into reality. You’ve decided to form a partnership, and the two of you plan to share equally in the responsibilities of running your business. A...

You’ve been a hard-working and loyal employee over the years, but you’ve always had ambitions of starting your own business. Recently, you’ve had an idea and you think it ticks all the right boxes.  There is no risk-free way to start your own company, but there are...

Business interruption insurance is very important coverage that people often forget to purchase when starting a company. You expect to run your company every day to generate income, but there could be circumstances outside of your control that force you to cease...

One of the first decisions you have to make when you start a business is what structure you’re going to use to establish your company. For start-ups, the three most common choices are a limited liability company, partnership, or sole proprietorship. There are a few...

Deciding to start a business is an exciting and complex adventure. As you strategize your business plan, one key factor to consider is how to structure your business. The formation type you select will impact everything from your tax liability to how you run your...

If you're forming a business and you're not going to be a sole proprietor, where you just create the company on your own, you may decide to work with a business partner. The two of you have to set this up together as co-owners.  Not only do you need to know what legal...

Choosing a business entity is not like walking into a wine shop, grabbing a bottle you like the label of, paying the appropriate amount and walking out with it. It is much more complex, and the more you understand, the better choice you can make, as is true for wine....

If you own a limited liability company (LLC) you need to avoid mixing business with pleasure when it comes to money. Commingling is the term for when you mix your personal and company finances and it becomes hard to distinguish what is what. The primary reason to...

Business partnerships rely on two people getting along. Just like a personal relationship, the dream is sometimes better than the reality. Entering a business partnership is similar to entering a marriage in that you create a legal contract. As with a divorce, ending...