Business partners would be wise to explore buyout agreements or transfer restrictions that spell out what occurs in the event a partnership or venture fails (e.g., death, irreconcilable differences, etc.), or if one/some partners would like to transfer their interest during the life of the business. The best time to put these agreements in place...

Operating agreements are crucial for forming and protecting an LLC. They serve to outline the financial and functional decisions while also offering protection from legal action taken against the business entity or any of its members. There are many different rules, regulations, and provisions to consider when opening your business. The operating agreement is specific...

If you’re not familiar with the term Easement, keep reading! In real estate an easement is a legal instrument that will grant access over or through real property for the benefit of another who otherwise has no interest in that real property.  One common example is a utility easement. It allows utility workers to come...

Have you recently acquired a new building, or are you seeking to open a new business in a location that previously operated a business very different from yours? If so, it is important to remember that property use is governed by your municipality’s zoning code. Local zoning codes identify permitted uses of land and buildings...

Many business owners are already familiar with limited liability companies (LLCs) and the benefits of operating a business through such entity, rather than as a sole proprietor or corporation. Small businesses, in particular, favor the LLC option as it allows the company to separate its assets and liabilities from those of its owners.  While laws...

Do you need to? No. Will you gain a breadth of knowledge and have a higher likelihood of success if you do? Yes.  Federal trademark registrations protect rights to intellectual property such as a recognizable name, design, sign, or expression. The United States Patent and Trademark Office (USPTO) is the government agency tasked with regulating...

 A liquor license is a municipal permit issued to a business or individual to permit the sale and/or onsite consumption of alcohol at certain establishments permitted by state and local laws. There are 3 general classes for liquor licenses: Class A liquor licenses allow the retail sale of beer, wine, liquor, and cider for consumption...