Understanding what information your website needs to legally provide for visitors is important for website administrators and business owners. Failing to offer the necessary information to customers and site visitors can put your organization in a legal bind.
An oft-neglected part of running a startup involves the products unique to your brand. What can you do to make sure your intellectual property...
Launching a new business involves a lot of red tape and excessive paperwork. It might be tempting to pass those tasks along to a professional, saving you the burden of dealing with complicated legalese. But that practice will get real expensive real quick!
Employee theft is not unheard of. In fact, it is one of the most serious threats that loom over small businesses. Slack recruitment, careless supervision, misdirected trust, and a lack of financial controls can ultimately result in internal theft or employee theft.
Even if you have an amazing and brilliant business idea, and even if you have solid financial backing, a small legal mistake can sink your entrepreneurial ambitions and dreams quickly and permanently.
Over the years in business and as a member of over forty boards, I have received good advice from corporate attorneys and on occasion...
Regardless of the size of your company, the legal aspects of your business are critically important. Unfortunately, many small businesses fail to heed this salient fact, leaving them dangerously vulnerable and subject to serious legal exposure.
No matter the industry, contracts are essential in business. If you plan to start your own business, you will have contracts with clients, employees, and third party entities in order to protect your company and agree on terms and services.
Most new companies seek outside legal help in their early stages, but all businesses that grow to a certain size will one day have to consider whether to hire an in-house attorney or continue to rely on contractual legal advice.
After you form a limited liability company, the first thing you should do is draft an operating agreement. And if you've already formed a limited liability company or you've already formed any kind of entity, you want to draft the equivalent of an operating agreement, as an internal document among co-owners.