On August 20, 2024, a federal judge in Texas barred the FTC Non-Compete Clause Rule from taking effect. For small business owners, this decision is more than just a legal ruling—it’s a reminder of how the legal system directly shapes the way you can protect your business and your employees. In this case, a federal […]
LEGAL UPDATE – PLEASE READ OUR NEW BLOG POST. As of September 4, 2024, the Federal Trade Commission’s (FTC) new rule banning noncompete agreements has come into effect. For business owners, this regulation marks a significant shift in how workforce relationships are managed. This rule covers a wide range of workers and has the potential […]
As a business owner, the Federal Trade Commission’s (FTC) new rule banning noncompete agreements can seem daunting. This new regulation significantly changes how businesses manage relationships with their workforce, covering an extensive range of workers under its definition. Here’s a detailed exploration of what the rule entails and how businesses can effectively navigate these changes. […]
Updated January 3, 2024 As of January 1, 2024, new and existing entities (yes – all) will need to either (i) confirm they qualify for an exemption from the CTA’s reporting requirements or (ii) timely submit a beneficial ownership information (BOI) report to the U.S. Treasury’s Financial Crimes and Enforcement Network (FinCEN).) The long-anticipated Corporate […]
In the intricate dance of business contracts, liability is a term that often gives pause. While the notion of accepting liability might seem daunting, there are strategic reasons why including it in a contract can be a wise move.
Picture this: you and your best friends are on the brink of launching a business together (or already have – it’s never too late). Excitement fills the air as you envision conquering the world side by side. While your camaraderie and shared dreams are the fuel behind your entrepreneurial fire, don’t let the flames of friendship blind you to the importance of having an operating agreement in place.
Are you an aspiring cottage food entrepreneur, eager to turn your passion for baking into a successful business? Before you embark on this exciting journey, it’s crucial to understand the legal framework that governs cottage food operations.
As a business owner, your entrepreneurial journey is marked by hard work, dedication, and success. While building and growing your business is paramount, it is equally important to consider the future and take proactive steps to protect your business in the unfortunate event of your passing. By implementing a comprehensive plan, you can ensure the continuity, stability, and long-term success of your business, while also providing for your loved ones.
When selling your business, it’s crucial to recognize the pivotal role that trademarks play as a valuable asset within your overall portfolio. Trademarks not only contribute to the present value and reputation of your business but also allow you to pass on a lasting legacy to the new owners.
When it comes to protecting your intellectual property, being proactive is the key to success. Ordering inventory for new products is an exciting endeavor, but it’s vital to take proactive measures to safeguard your brand from potential infringement.
