We continue with BMBR LLP’s Ten Tips to Avoid the Biggest Legal Mistakes Businesses Make.
TIPS #8 and #9 When managing a corporation, overlooking key legal requirements can lead to serious consequences. Mistake #8 highlights the risks of improperly issuing shares or failing to secure valid exemptions from securities registration, potentially costing your...
We continue with BMBR LLP’s SHATTERING TRADEMARK MYTHS FOR NON-INTELLECTUAL PROPERTY LAWYERS (+ SOME COPYRIGHT MYTHS TOO!)
Myth #9: “When I name my company or product I am better off making it very common and descriptive so that my customers and potential customers will immediately know what it is that I sell” Reality: No, although logically we think that our business and product...
Navigating Tax Implications When Selling a Small Business in California
Selling a small business in San Diego County, California, can be a rewarding yet complex process, especially when it comes to navigating the tax implications. There are multiple layers of applicable tax laws that can apply to a transaction, including taxes on the...
We continue with BMBR LLP’s Ten Tips to Avoid the Biggest Legal Mistakes Businesses Make
TIP #8 Keep your financials up to date Here is Tip #8 on BMBR LLP’s top ten list of tips that can avoid common problems. Businesses are typically in it for the money. Stay informed about the business’ financial health! From the onset of establishing a business, a...
SHATTERING TRADEMARK MYTHS FOR NON-INTELLECTUAL PROPERTY LAWYERS (+ SOME COPYRIGHT MYTHS TOO!)
We’ve all heard any number of “Urban Myths”, such as there are alligators living in the sewers in New York City and Little Mikey from the “Life” cereal commercial died because he mixed Coca-Cola with pop rocks. There are plenty of widely-held general legal myths too:...
We continue with BMBR LLP’s Ten Tips to Avoid the Biggest Legal Mistakes Businesses Make.
TIP #7: Many of BMBR LLP’s top ten list of things every business should do to avoid common mistakes revolves around documentation. In regards to corporations that is not only advisable but it is legally required. Regardless of whether your business has to meet...
The Role of Confidentiality Agreements in Business Sales: Protecting Your Interests
When selling a small business, confidentiality agreements (also known as non-disclosure agreements or NDAs) are essential to protect sensitive information throughout the transaction process. These agreements help ensure that confidential details such as financial...
How to Handle Employee Contracts and Liabilities During a Business Sale
When selling a business in San Diego County, handling employee contracts and liabilities is a critical aspect of ensuring a smooth transition. Small business owners must first determine if any employees have a written agreement. If so, those owners should review...
We continue with BMBR LLP’s Ten Tips to Avoid the Biggest Legal Mistakes Businesses Make
TIPS #5 and #6: Records and Employees Two crucial areas where businesses stumble: maintaining proper records and fostering clear relationships. Skipping board meetings or muddling employment terms can undo even the most promising ventures. These are mistakes #6 and #5...
We continue with BMBR LLP’s Ten Tips to Avoid the Biggest Legal Mistakes Businesses Make.
TIP #4: Memorialize agreements with key executives. Many businesses are run by people who trust each other. As a result, businesses take for granted that misunderstandings can occur. Thankfully, misunderstandings can be easily avoided by following Tip#4 out of our top...
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