A trademark is a legally protected, non-generic, unique and distinctive name, symbol, letter, word, mark, slogan, phrase, smell, color, sound or hologram that can be owned to identify your business, products or services. It identifies and distinguishes your business...
When the owner or owners of a closely held small business decide its time to sell or are approached by a potential buyer, the first order of business should be determining the business’ value or the value of the selling owners’ interest. Innumerable factors are...
Each business, or at least its ownership, has a life cycle and particularly with multiple owners it is important to consider at the business’ inception how the business may end or an owner leave. While the law provides a mechanism to end a business or one’s ownership,...
Once a business owner decides to liquidate his or her business for financial or other reasons, there are choices to be made as to the method of liquidation, including supervised liquidations: bankruptcy (Chapter 7), an assignment for the benefit of creditors (ABC) or...
The value of many businesses is often dependent on its employees. Retaining good employees, particularly key employees, is important to a business, as is avoiding the substantial time and cost commitment required to recruit and hire replacement employees. Some of the...
In the crush of business activity or just daily life we tend to lose track of important documents or fail to secure them in an accessible location. Moreover, when those important records are needed, we are usually in a rush and disrupt our office or home trying to...