Partnership vs. Joint Venture: What’s the Difference?

Partnerships and joint ventures are commonly confused because on paper they may sound somewhat similar, but in reality they are very different. A joint venture is much more limited than a partnership, and the legal implications are not the same either. What Is a Partnership? A partnership involves two or more people who are co-owners of a business for profit. Usually, these individuals will share both the Read More

Four Reasons to Consider Incorporating Your Business

Whether you have been running your business for some time or you are just getting started, there are plenty of reasons to consider incorporating your company. Below are just a few reasons why you might want to consider making this type of move. 1.  Personal Asset Protection When you operate as a sole proprietorship or partnership, there is no real legal separation between you and your business. In other Read More

Five Things You Can Do to Prevent Your Business from Being Sued

Lawsuits and other legal issues can be some of the most expensive costs for your company. Attorney fees can add up quickly, and any monetary damages that must be paid to a client, prior employee, vendor, or another injured party can be very substantial as well. The best way to reduce such costs is to avoid getting sued in the first place. Unfortunately, that is often easier said than done. You can take certain Read More

Five Things Copyright Law Does Not Protect

A copyright provides protection for works of authorship. This encompasses any description or representation of an idea or system, including photographs, writings, paintings, and other forms of depiction. If you have authored something, you want to be sure that no one else can try to claim it as theirs or use it without your permission. By copyrighting your work, you strengthen your legal right to stop other people Read More

Four Common ADA Violations and How You Can Prevent Them

The Americans with Disabilities Act (ADA) is a federal law that affects virtually every employer across the country. It is designed to help protect those who have disabilities from experiencing discrimination in the workplace, in the housing market, in educational settings, and elsewhere. It is easy to see the significant value in this type of law. However, it is also very easy for employers and business owners to be Read More

Three Common Types of Business Disputes and How to Avoid Them

Litigation is extremely expensive. If you can take steps now to avoid having a legal dispute in the future, that can save you thousands of dollars in legal fees, time and effort, and goodwill. Of course, it’s not always possible to anticipate a lawsuit, but there are a few very common types of business disputes that often lead to litigation. If you can avoid these, then you will significantly decrease the likelihood Read More

Inventors: How to Patent Your Invention

If you are an inventor, you need to learn the basics of patenting your idea or creation before launching it in your business or through other commercial means. If you do not take these steps, then you risk someone stealing your idea without any meaningful repercussions. Patenting your idea does not have to be a huge obstacle, but because the process is technical, it can be a little daunting. However, if you keep good Read More

Have You Performed a Legal Audit of Your Business? You Should!

You have a lot going on with your business as you deal with big-picture strategy as well as daily operations. In the hustle and bustle, it can be easy to overlook your legal requirements under local, state, and occasionally federal law. Even if you do your best to comply, things can slip by fast, and one mix-up can end up costing your business thousands of dollars or even forcing you into bankruptcy. How can you Read More

5 Items You Need to Include in Your Website’s Privacy Policy

If you run a website, blog, or an app, then having a privacy policy is essential. A privacy policy tells your visitors what data you are collecting from them and how it will be stored and used. The purpose of such a policy, aside from being a requirement under the law, is to build trust with your readers or users, which in turn can help your business thrive at a time when mistrust of the internet and data collection Read More

A Brief Q&A on Crowdfunding

In recent years, crowdfunding has been all over the place. If you’ve managed to avoid any knowledge of crowdfunding, the short story is that it’s a new way for people to raise money. There are several different platforms these days, like Kickstarter and Indiegogo, and each has a different process you must navigate to raise funds. For the purpose of this blog, we’ll focus on crowdfunding in general to provide a broad Read More