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Monthly Archives: May 2019

The Personal Guarantee: 5 Ways Small Business Owners Can Reduce Their Liability

By |2020-02-12T09:37:10-08:00May 14th, 2019|Business Planning, Contracts|

Small businesses make a huge contribution to the U.S. economy. Nevertheless, starting a new business is risky. Lenders view loans to small businesses, particularly start-ups, as among the riskiest they make, particularly when there is little or no credit history or business revenue on which to base their decision. In an effort to lessen their [...]

Independent Contractor or Employee: It’s Very Easy to Cross the Line

By |2019-05-05T20:41:22-07:00May 11th, 2019|Business Planning, Employment, Governments|

Many businesses prefer to hire independent contractors because there’s often less overhead and fewer expenses (i.e. taxes). However, classify an employee as an independent contractor and you’re in big trouble. Here’s how to legally differentiate between the two. Who Controls the Worker?  This question is not always easy to answer.  According to the U.S. [...]

Are your LLC Interests Actually Securities?

By |2019-05-05T20:25:04-07:00May 9th, 2019|Business Planning, Limited Liability Company (LLC), Securities|

Securities law is a complex minefield that terrifies even the most seasoned lawyers. As a small business owner, it is your responsibility to make sure you’re complying with all the securities laws, both federal and state, that may apply to your business. Most people think that only corporate stock qualifies as securities, but did [...]

4 Social Media Mistakes that May Put Your Company’s IP at Risk

By |2019-05-05T20:03:10-07:00May 7th, 2019|Business Planning, Intellectual Property|

Being active on social media is hardly a choice anymore for small to medium sized businesses—it’s a given.  Your customers are there.  Connecting with your target audience in the social web can boost your brand and level the playing field between you and big competitors with larger advertising budgets.  But before you rush out [...]

What is the Difference Between an LLC and an LLP?

By |2019-05-02T20:51:45-07:00May 2nd, 2019|Business Formation, Business Planning, Limited Liability Company (LLC), Taxes|

If you are starting a new business, the business entity you set up will affect the extent of personal liability, how the business is taxed, its management, the level of formality required, and many other factors. There are a lot of options, which can make this decision overwhelming. Limited liability companies (LLCs) and limited [...]

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