Overview: Buy-Sell Agreements and Your Small Business
A buy-sell agreement answers a critical question before it turns into a dispute: what happens to a business when an owner can no longer continue with the company? When structured properly, it establishes clear rules for ownership changes, limits disruption, and gives all parties a workable path forward.
Consider...
Legal Mistakes That Cost Entrepreneurs Time, Money and Headaches…And How to Avoid Them
By Roy Schneider, Esq.
Entrepreneurs must navigate through a maze of legal issues and decisions when launching a new business. At the outset, you may think some seem inconsequential – but, tragically, that would likely be your first of many mistakes. The choices you make today will have...
Trademarks and Service Marks
By Roy Schneider, Esq.
A trademark or service mark is a word, name, logo, symbol or design that identifies the source of a product or service, distinguishing it from the competition. While trademarks are used to identify products, service marks are used to identify services. Both marks are afforded the...
How to Avoid Piercing the Corporate Veil
By Roy Schneider, Esq.
Many business owners establish corporations to shield themselves from personal liability for business debts and protect their personal assets from creditors of the company. When established and maintained properly, a corporation is treated under the law as an independent entity, with many of the...
Which Business Structure is Right for You
By Roy Schneider, Esq.
Which entity is best for your business depends on many factors, and the decision can have a significant impact on both profitability and asset protection afforded to its owners. Below is an overview of the most common business structures.
Sole Proprietorship
The sole proprietorship...