Why Your Business Attorney Should Be On-Call
As your business grows, your time becomes ever more valuable. Out of necessity, your priority should be to focus on the work that moves your business forward, and that only you can do. One of the best strategies to maximize your own productivity is to hire outside professionals to support your processes and reduce your […]
Setting Up Your New Business For Success
Decided to start a new business? That’s great news! Best wishes for a successful venture. But setting up your new business for success means much more than just generating robust sales and keeping expenses low. There are legal documents, policies, and agreements you will need to have in place from the very beginning – not […]
Restricted Stock Units
By Bernard Williams One of the biggest challenges you face as a business owner is how to motivate and retain employees. It’s a multi-dimensional equation. Every employee is unique. But, when it comes to stock options and equity sharing, one of the most popular ways to keep the team motivated is by granting Restricted Stock […]
Leave Laws in Pennsylvania
Leave Laws in Pennsylvania In the United States, the Family Medical Leave Act of 1993 (“FMLA”) imposes on employers with Fifty (50) or more employees the requirement to provide to their employees an unpaid leave of up to Twelve (12) weeks. States have enacted statutes and regulations imposing the requirements of the FMLA, and have […]
The Benefits of An Operating Agreement
The Benefits of An Operating Agreement By Bernard Williams This article discusses the importance of an operating agreement in connection with an LLC business structure. Introduction The LLC is one of the most popular business structures today, and for good reason. With an LLC, your personal assets are protected from legal liabilities and debts. […]
The Importance of a Customized Internal Governance Document for your Business
Whether your business is a corporation, a limited liability company, or some other entity type, it is critical that your business has an internal governance document, typically in the form of either corporate bylaws or an operating agreement. An internal governance document that is customized to your business is important for the following reasons: […]
What is the Right Legal Entity For My Business?
Are you a baker with dreams of opening multiple locations to sell your tantalizing treats? Are you and three associates pooling resources to form a new tech startup? When you start a new business, you are rightfully passionate about your products or services. With all the excitement, it is easy to overlook the mundane details about organizing your […]
Why Your Startup Needs the Right Attorney
So you’re an entrepreneur who is planning to open your own restaurant. You have years of professional experience as a chef at several upscale restaurants, and the talent, skills, and drive to succeed in the highly competitive restaurant business. However, you have never owned a business before. What is your biggest hurdle? Getting up to speed on the numerous tasks involved […]
How to Choose The Right Legal Entity For Your Startup
You’ve formed a new startup, but now what? What kind legal entity should you choose? What kind of entity do angel investors and venture capitalists prefer? If you don’t know, you aren’t ready to incorporate. Before you get your startup off the ground, it is important that you familiarize yourself with the different organizational and legal […]