Category Archives for "Foundational Best Practices For Businesses"

Nov 07

Is Your Business Facing Any of These Legal Landmines?

By Beverly Davidek

The potential for costly errors when managing your workforce is high, but unnecessary if the proper planning is put into place from the start. To make the most of your role as an employer, make sure you understand the following common mistakes employers make and how to avoid them.At-will employment misunderstandingsAt-will employment is a concept […]

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Oct 20

When Is a Good Time to Incorporate?

By Beverly Davidek

Incorporating your business can save you money on taxes and limit your liability for business debts. But, most importantly, it says to the world — I’m in business. And that sends an important message to you, your clients, your spouse, your friends, family and, yes, even to the IRS.  In the early months or years […]

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Sep 15

Five Clauses Every Partnership Agreement Needs

By Beverly Davidek

Your partnership agreement is a legal document that outlines each partner’s rights and responsibilities as well as the operating procedures for the business. When a group of people come together to invest in a business venture, the partnership agreement can provide valuable protections. But drafting an agreement that provides you with the protections you need […]

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Aug 25

New Business Owner? Avoid These Common Startup Mistakes

By Beverly Davidek

The startup life can be exciting and for many the learning curve is huge. In the midst of growth and opportunity, many entrepreneurs make costly legal mistakes which can be easily avoided with the proper preparation. Here are some of the most common startup legal mistakes:Not Drafting a Clear Founder AgreementA crystal-clear agreement between co-founders […]

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