While healthy competition often drives innovation, there are some pirate-like practices that are dishonest and/or fraudulent that could pose a serious risk to your business.
The specific steps you take to protect your trade secrets will depend on the value of that secret and your business’s needs, but will likely consist of measures from more than one of these categories.
Partnering is powerful because the whole is worth more than the sum of the parts. However, a partnership can also be dangerous if not set up correctly or entered into with clear procedures and guidelines.
The options for ownership structure for entrepreneurs usually come down to two options—sole proprietorship and limited liability companies (LLC). It’s important to understand the differences between these structures in the context of your business’s needs.
Determining the right structure is not a “one size fits all” model. It should be custom to you so that you can orchestrate and plan your liability exposure and risk, protect your personal assets, minimize tax liability, and plan an exit strategy, which may avoid future partnership disputes and lawsuits by and against the partners.
“Do I really need a real estate attorney? Can’t my agent just handle everything?” When buying, selling, investing or developing property, it can be difficult to add another expense of an attorney to the mix. But not having an experienced real estate attorney at this stage of the transaction could prove to be disastrous or...
How to choose the best business attorney. How an experienced business attorney can save you money. Learn about the benefits of having a concierge attorney for your business.
There are options available to Employers and Employees with issues caused by COVID-19 With the recent, ever-changing, laws and regulations relating to employers and employees, there is confusion as to what respective duties and obligations, and what options, are available to employers and employees. While the U.S. Department of Labor moved quickly to implement new...
What is an employee handbook? An employee handbook, not to be confused with a policy manual, is a guide for employees to reference company information, policies, procedures and expectations. Although it is especially useful for onboarding new employees, the handbook should always be accessible to every employee. According to Keven Steinberg, labor and employment lawyer...
When employees leave your employment, whether voluntarily or involuntarily, they have the ability to take your valuable company property, your confidential business and proprietary information along with them, such as: customer and client lists; pricing information; financial records; and even your “secret sauce,” are all vulnerable. In order for employees of any level to perform...
