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Legal Issues

Posts that cover some of the important legal issues that new business owners encounter.

What is Intellectual Property (IP) and Why Is It Important?

Business Planning, Legal Issues / February 5, 2025

What is Intellectual Property (IP) and Why Is It Important? by Tim Donahue Understanding and Safeguarding Your Intellectual Property In the competitive business landscape, innovation is key. Your unique ideas, inventions, and creations are valuable assets – known as your IP or Intellectual Property – that can differentiate your business and drive its success.  This …

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Should You Start a For-Profit or a Non-Profit Business?

Choosing a Business Type, Funding & Finance, Legal Issues, Startup Questions / February 19, 2024

Should You Start a For-Profit or a Non-Profit Business? by Tim Donahue At the heart of every entrepreneurial journey lies a pivotal decision: should you start a for-profit business, thriving on innovation and profit, or a non-profit organization, driven by mission and community impact?  This choice isn’t merely about business models; it’s about aligning with …

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What To Know About Trademarks, Service Marks, Registered Marks, and Copyrights

Business Planning, Legal Issues, Tips For Business Startups / November 21, 2023

What To Know About Trademarks, Service Marks, Registered Marks, and Copyrights by Tim Donahue Understanding the Pillars of Intellectual Property: Trademarks, Service Marks, Registered Marks, and Copyrights Introduction Intellectual property rights are crucial in the business world. They offer protection and legal recognition to brands, products, and creative works. In this comprehensive guide, we’ll explore …

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How To Divide Stock Equity In Your Startup

Funding & Finance, Legal Issues, Tips For Business Startups / May 11, 2023

How To Divide Stock Equity In Your Startup by Tim Donahue Here’s how you can figure out how to divide stock equity in your startup Starting a new business is an exhilarating adventure, and one of the most critical aspects is figuring out “how to divide stock equity amongst startup founders”. This process requires careful …

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How To Write a Solid Business Partnership Agreement For Your Business

Legal Issues, Tips For Business Startups / May 10, 2023

How To Write a Solid Business Partnership Agreement by Tim Donahue Crafting a solid, and flexible Business Partnership Agreement that meets your needs today and in the future One of the most important things you can do is a founder is to take on a partner in your business. A partner can help shoulder the …

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License and Legal Requirements for Different Business Types: Explaining It All

Business Planning, Choosing a Business Type, Legal Issues / May 7, 2023

License and Legal Requirements for Different Business Types by Tim Donahue A Comprehensive Guide to License and Legal Requirements for Different New Businesses The Importance of Understanding License and Legal Requirements for Different Business Types Many new business owners are wondering how to figure out what their responsibilities are when it comes to legal and …

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Difference Between Exempt and Non-exempt Employees in California

Legal Issues, Tips For Business Startups / April 22, 2023

Difference Between Exempt and Non-exempt Employees in California The primary difference between exempt and non-exempt employees under California state law lies in their eligibility for overtime pay and other protections under the California Labor Code. Understanding these differences is crucial for employers to ensure compliance with labor laws and make informed decisions about employee classifications. …

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How to Choose a Business Entity and Open a Business Checking Account

Funding & Finance, Legal Issues / April 19, 2023

How to Choose a Business Entity and Open a Business Checking Account Here are the steps to choose a business entity and open a business checking account: What Are The Different Types Of Business Entities To Choose From And What Are The Advantages And Disadvantages Of Each? There are several types of business entities to …

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10 Fastest Ways to Start Making Money Online

Business Ideas, Business Planning, Legal Issues, Startup Questions / March 15, 2023

10 Fastest Ways To Start Making Money Online There are countless opportunities for making money online, and many of them require nothing more than a computer and an internet connection. It’s important to approach these opportunities with caution and to be aware of the risks involved. Like any other type of work, making money online …

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Incorporating Your Business: Comparing The Main Business Types

Business Planning, Choosing a Business Type, Legal Issues, Startup Questions / March 8, 2023

Incorporating Your Business: Comparing The Main Business Types Comparing LLC vs. S-Corp and other business structures Curious about Sole Proprietorship and C-Corp? Let’s start at the beginning: Do you need to incorporate your business or not? If you are a home based business and doing something fairly simple it won’t get you in any legal …

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