Incorporating a business is important for two primary reasons: (1) to protect personal assets from business creditors; and (2) to obtain favorable tax treatment for all business income. The purpose of this article is to educate small business owners regarding the two types of corporate entities that are particularly preferable for small businesses: the Limited Liability Company (LLC) and the S-Corporation. In deciding between incorporating as an LLC or as an S-Corporation, there are a number of considerations to take into account:
One of the most important things an attorney can do for a business owner is to eliminate “unknown unknowns.” During the life-cycle of a business, there are 11 inflection points where business owners should consult with their attorneys
An Indemnification agreement is an agreement between two parties providing that if one party is sued for a particular reason, the other party will cover the costs of defending the lawsuit as well as any damages that arise from the suit. It is a useful tool when two parties are intertwined in a larger transaction, and want to divide legal responsibility between them. It protects each party from lawsuits for which the other should be responsible.
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One of the most important things an attorney can do for a business owner is to eliminate “unknown unknowns.” During the life-cycle of a business, there are 11 inflection points where business owners should consult with their attorneys
An Indemnification agreement is an agreement between two parties providing that if one party is sued for a particular reason, the other party will cover the costs of defending the lawsuit as well as any damages that arise from the suit. It is a useful tool when two parties are intertwined in a larger transaction, and want to divide legal responsibility between them. It protects each party from lawsuits for which the other should be responsible.
In this article, we explain some of the most important clauses for employers to include in employment contracts and independent contractor agreements. We explain non-compete clauses, non-solicitation clauses, trade secret clauses, confidentiality clauses, and non-disparagement clauses in the context of protecting an employer's interests through employee and independent contractor agreements.
One of the most important things an attorney can do for a business owner is to eliminate “unknown unknowns.” During the life-cycle of a business, there are 11 inflection points where business owners should consult with their attorneys
An Indemnification agreement is an agreement between two parties providing that if one party is sued for a particular reason, the other party will cover the costs of defending the lawsuit as well as any damages that arise from the suit. It is a useful tool when two parties are intertwined in a larger transaction, and want to divide legal responsibility between them. It protects each party from lawsuits for which the other should be responsible.
In this article, we explain some of the most important clauses for employers to include in employment contracts and independent contractor agreements. We explain non-compete clauses, non-solicitation clauses, trade secret clauses, confidentiality clauses, and non-disparagement clauses in the context of protecting an employer's interests through employee and independent contractor agreements.
One of the most important things an attorney can do for a business owner is to eliminate “unknown unknowns.” During the life-cycle of a business, there are 11 inflection points where business owners should consult with their attorneys
An Indemnification agreement is an agreement between two parties providing that if one party is sued for a particular reason, the other party will cover the costs of defending the lawsuit as well as any damages that arise from the suit. It is a useful tool when two parties are intertwined in a larger transaction, and want to divide legal responsibility between them. It protects each party from lawsuits for which the other should be responsible.
In this article, we explain some of the most important clauses for employers to include in employment contracts and independent contractor agreements. We explain non-compete clauses, non-solicitation clauses, trade secret clauses, confidentiality clauses, and non-disparagement clauses in the context of protecting an employer's interests through employee and independent contractor agreements.
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