Business Formation Advice – Choosing a Business Type
If you are starting a new business, you have to make some basic decisions about how the company will be set up. For example, some small business owners just want to maintain a sole proprietorship in order to keep things simple. While this involves the least paperwork, it subjects your income to the self-employment tax, […]
Protecting Your Business in CA, Where Non-Compete Agreements Are Banned
California is one of 4 states that has banned non-compete agreements. What is a non-compete agreement? Why are they banned in California? How can you protect your company’s intellectual property without a non-compete agreement? Here is what you need to know. What Is a Non-Compete Agreement? A non-compete agreement is a business contract designed to […]
Intellectual Property Is the Lifeblood of Your Business
What is intellectual property? Basically, this term refers to any creative ideas an individual comes up with. From a written document to a new invention or a software application, intellectual property spans the entire range of creative and artistic works. Why is intellectual property so important to your business? This is what gives you a […]
Why You Need to Have an Invention Assignment Agreement with Your Programmers
When it comes to protecting your intellectual property (IP), there are many business contracts and agreements that need to be addressed. One of the most important is an Invention Assignment Agreement, especially if you have someone else coding key applications for your company. Here are 2 important reasons why. 1. Avoid Ownership Issues When a […]
Small Business Legal Playbook|Play #11: “The Escape Strategy”
Welcome back to another week of the Small Business Legal Playbook! Play 11 is titled “The Escape Strategy.” No one likes to start thinking about leaving a business when they’re just starting one. We’ve spoken in weeks past, in previous Plays about several different topics. This week, we’ll discuss an issue with creating an exit […]
Small Business Legal Playbook|Play #10: “The Trademark”
Welcome back to another week of the Small Business Legal Playbook! Play 10 is titled “The Trademark.” A lot of great ideas for prospective businesses come through my door, and many of them base their first business plans on a trademark. Securing that trademark is considered one of the first steps to success. Of the […]
