When setting up an LLC, whatever or whoever is helping you with the Articles of Organization asks a simple question: Is this going to be member-managed or manager-managed? This question is often met with a somewhat blank stare. So, if you did the same thing right now, you are not alone. You should see what … Read more
This is the first post in a series about wages and overtime, when it applies, and how to avoid costly mistakes. As your company expands beyond the initial founders, keeping abreast of the multiple (and sometimes confusing!) wage and overtime regulations covering employees becomes incredibly important. Here are two questions I’ve gotten recently, along with … Read more
Much like Letterman used to ask, “Is this anything?“, clients often ask “Is this a trademark?” The answer to that depends on the answers to the following questions: Is whatever it is connected to the good or service being sold? Will the customer see your product and the proposed mark together at the time they … Read more
Over the past few weeks, we have gotten a bunch of questions from clients in regard to real estate transactions and some of the terms that inevitability come up in almost every deal. This article aims to provide a quick and easy to understand guide to some of the terms we see most often. Tenancy … Read more
I get this question probably once a year: What does I T S mean under my signature on the contract? They are looking at the signature block at the end of an agreement and see this: SELLER: By:_______________________________________ Name: ___________________________________ Its:_______________________________________ Yeah, right there. I T S, otherwise, better known as “its,” the possessive … Read more
Remember the days of the tax free Internet purchase? Me neither, because those days never really existed. That said, in the wake of the recent U.S. Supreme Court decision in South Dakota v. Wayfair, Inc. , the risk of non-collection for said taxes has shifted from consumer to company – and anyone who makes an online sale should sit … Read more
We wish you a dog-gone good holiday!
I’ve written about this before on LinkedIn – full disclosure, but over the past few weeks, I’ve gotten multiple questions about customs costs, and how they are assessed, from clients who are importing products from abroad and re-selling them in the United States. Each client’s situation is unique, but a critical step one in all … Read more
That which we call a rose By any other word would smell as sweet Juliet argued that it didn’t matter what Romeo’s name was for she would love him anyway. And, by the way, if he wasn’t Romeo, they could be married. But as we know, that’s not what happened. Let’s just say, it went … Read more
Adventures are everywhere and more accessible than ever! But, with more adventure comes more risk for the participant and more risk for the business (and its owners). As you can imagine, the question\request I get most often from adventure business owners is related to liability waivers and protecting the business from legal risk in the … Read more