Legal Articles For Entrepreneurs & Small Business Owners

What Is A Trademark?

At one point or another, we’ve all seen a product or business name with a small, encircled R floating next to it. You’ve probably wondered what this R symbol really means, and how exactly it got there in the first place. Most people will tell you that it means something to the effect of “registered,” [...]

Read More

Uncovering and Leveraging Your Hidden Intangible Assets

CEO’s and business leaders of growing companies inside and outside the Beltway are guilty of committing a very serious strategic sin: the failure to properly protect, mine and harvest the company’s intellectual property. From 1997 to 2001, billions of dollars went into the venture capital and private equity markets and the primary use of these [...]

Read More

Get Paid Promptly – 10 Practical Tips to Improve Your Cash Flow

“Cash is king!” And, running out of cash is the most common reason that businesses fail. This article is about practical tips to reduce your risk that slow or late-paying customers will cause a cash crunch in your business. Finding out that a customer for whom you’ve just done a large project has gone into [...]

Read More

Asset Purchase Agreement For Buying / Selling A Business

The process of selling or buying a business is an extremely time consuming one that requires an awful lot of paperwork and legal wrangling. It can take months to finalize a deal as a direct result of the negotiations. During that time, the sale or acquisition of the entire business often rests on the negotiations [...]

Read More

Should Your Business Seek Bankruptcy Protection?

Businesses, meaning corporations or partnerships, have two options in filing for bankruptcy:  Chapter 7 and Chapter 11.   (Individual self-employment businesses can also potentially file under Chapter 13)  Both have their advantages and disadvantages. Chapter 11 Chapter 11 is designed for businesses that seek to remain operating and wish to “reorganize” their debts.    Depending on how [...]

Read More

Escrow Documents For Buying And Selling A Business

During the course of the sale of a business, you will need to find out exactly what documents are needed and when they will be needed. There are a lot of legal processes involved and skipping or failing to carry out one of these areas properly can be disastrous for your future plans. Escrow documents [...]

Read More

Ignoring Sexual Harassment Just Got More Expensive: 5 Tips To Prevent Lawsuits

My first job after graduate school was working for the federal government in the Office of Personnel Management (OPM). A few months into the job, a woman air traffic controller sued her boss and co-workers in the Federal Aviation Administration (FAA) for creating an offensive, intimidating and hostile work environment at the tune of $1 [...]

Read More