Today’s business owners have more entity options than ever before. After a period of rapid growth, during which profitability was a business’s only measure of success, the societal view of corporations has started to shift. Now, more and more consumers want to work with companies that are socially responsible, environmentally friendly, and ethical. Enter: the...
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You found the right person(s) to start a business with, you grew the business together, and now, for one reason or another, you or your partner(s) are ready to dissolve the partnership. It happens! However, dissolving a partnership involves a lot more legal maneuvering than just calling it quits one day. Whatever your reason for...
How to Hire a Business Lawyer in Miami When you or your business is facing a legal issue, you need to find a lawyer as soon as possible to ensure that the issue doesn’t get any worse or to mitigate your liability. The right lawyer will help ease your worries and keep you involved in...
Of the four types of intellectual property — patents, trademarks, copyrights, and trade secrets — trademarks are arguably the most important for startups and small businesses. A trademark, as defined by the U.S. Patent and Trademark Office, is “a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one...
When you submit an application for a trademark to the United States Patent & Trademark Office (USPTO), there is always a possibility of receiving an “office action.” An office action is an official communication from the attorney examining your application which notifies you that there is a problem with your application. In other words, it...
All corporations are not classified as equal. When it comes to filing taxes, knowing what you can classify your business as is an important first step. A C corporation is a corporation that is taxed separately from its owners. This generally includes all for-profit corporations. An S corporation, however, does not pay income tax, but its shareholders do....
The Fair Labor Standards Act (FLSA) is a complex, multifaceted law. Contained within this law are many complex concepts, rules, and terminology. Although mastering this law is a daunting task, doing so can be extremely rewarding because this law offers many protections and benefits for workers. One of the key concepts within the FLSA is...
A visit from a Department of Labor investigator can inspire a range of emotions, including anxiety, nervous anticipation, and even fear. Recently, we’ve discussed some of the issues related to the Fair Labor Standards Act (FLSA). The Department of Labor (DOL) is the organization in charge of monitoring compliance with the FLSA, among other labor...