Holiday parties that had fallen victim to the economic recession are now back at many offices across the country, and are a wonderful way to show your appreciation for your employees and their hard work during the year. However, business owners are also wary of hosting parties that could leave them with a legal hangover. […]
Read MoreIf 2015 is the year you decide to strike out on your own and start your own business, there are some basic legal issues you need to take into consideration as part of your start-up planning. Here are our top 10 legal tips for entrepreneurs: Choose the right business structure. Most businesses start life as […]
Read MoreTwo major retailers that suffered a major data breach affecting millions of customers – and their bottom lines – have one thing in common: both got hacked through their vendors. Home Depot’s security system was breached by a hacker that stole credit card details and emails for over 56 million customers. The hacker gained access […]
Read MoreUPDATE SINCE ARTICLE WAS WRITTEN: In a March 3, 2017 decision, the U.S. Court of Appeals for the District of Columbia Circuit rejected the NLRB’s finding mentioned below that FedEx Home Delivery drivers were employees. The court agreed with FedEx that the drivers were independent contractors and therefore did not have the right to union […]
Read MoreThe National Labor Relations Board (NLRB) has ruled that an employee who “likes” a comment on Facebook that disparages his or her employer is protected under Section 7 of the National Labor Relations Act. In its Triple Play Sports Bar & Grille ruling, the NLRB extended Section 7 protection to an employee who “liked” another […]
Read MoreWhen you’re starting or building a business, things can move very quickly. Entrepreneurs typically starting new ventures reach out to dozens of people who may or may not become part of the final company, to ascertain interest or recruit talent. Often, an entrepreneur will take part in a discussion about equity allocation in the new […]
Read MoreMany business deals get done on the proverbial handshake — an email exchange, a discussion on the golf course — but those types of deals could be the kiss of death for your company if they go bad and there is little documentation to back up what you thought were the terms of the deal. […]
Read MoreEvery business owner makes the decision to assume some portion of risk when they operate their own business, but no one wants that potential risk to affect their personal wealth. Unfortunately, there are all too many business owners who neglect to implement the correct asset protection strategies to firmly separate business risk from personal wealth. […]
Read MoreOne of the first decisions an entrepreneur should be making is the selection of the right form of business entity. This is a critical decision because of its ongoing legal and tax consequences. Liability protection is the most important non-tax consideration in the business entity selection process. The business owner has to have a shield […]
Read MoreHow to Properly Structure a Founder’s Agreement for Your New Venture We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement is essential to protecting your fledgling enterprise. Here are some tips on […]
Read MoreChoosing the right type of entity for your business is a critical decision that can have long-lasting ramifications in terms of taxes and personal liability. It is not unusual for those starting a business for the first time to have some misconceptions about incorporation; here are the top five: Myth #1: Incorporation helps avoid state […]
Read More