Some entrepreneurs enter a business venture with much excitement and without much thought. Businesses often fail because their foundations are not stable enough to support their existence and development. Here are some factors to consider when beginning any business....
Business Law
How an FLP can protect assets from business liabilities
On Behalf of Cushing & Dolan, P.C. | Mar 9, 2023 | Business Law
Setting up a business is both exciting and draining. The owners would need to discuss which formation is best for the company based on its needs and the owners’ priorities, among other factors. Most of the time, the best business formation is one that caters to the...
Potential restrictions to non-compete agreements
On Behalf of Cushing & Dolan, P.C. | Jan 19, 2023 | Business Law
Non-compete agreements are designed to help your business, and they can be used with your employees to keep them from working for the competition. Essentially, the idea is that you do not want to train employees for other companies. A non-compete agreement allows you...
3 ways to prevent discrimination in your company
On Behalf of Cushing & Dolan, P.C. | Jan 16, 2023 | Business Law
Discriminating against an employee during hiring, promotion, compensation or termination is unlawful. Different types of discrimination exist, and anyone can commit them in a workplace, from seniors to colleagues. An employee discriminated against can file a lawsuit,...
2 mistakes you need to avoid when buying an existing business
On Behalf of Cushing & Dolan, P.C. | Jan 2, 2023 | Business Law
If you are looking to get into business, you have two options: building a business from the ground up or buying an existing one. And while you might want to build a business from the scratch, the truth is, starting a brand-new business is no easy task. Buying an...
Can you put a “morals clause” in your employment agreements?
On Behalf of Cushing & Dolan, P.C. | Nov 20, 2022 | Business Law
If you’re starting a new company, you try to hire people of good character at all levels. However, we can’t really know who someone is, what kinds of beliefs they harbor, what they’re capable of in their worst moments – and who will be around with a phone to capture...
Getting your startup company off the ground
On Behalf of Cushing & Dolan, P.C. | Oct 6, 2022 | Business Law
You’ve always wanted to express your entrepreneurial side and a valid business idea has come along. You’ve formed your own company and are seeking ways to tap into the marketplace. While it can be rewarding to run your own company, startups are notoriously difficult...
Potential pitfalls that can ruin a partnership
On Behalf of Cushing & Dolan, P.C. | Sep 22, 2022 | Business Law
You and your friend have decided to form a partnership, and the two of you plan to share equally in the responsibilities of running your business. You’ve always dreamed about going into business together and now, you’re both ready to turn the dream into reality. ...
Can companies require workers to sign non-compete agreements?
On Behalf of Cushing & Dolan, P.C. | Sep 15, 2022 | Business Law
With every new hire, your company takes on new risk. Workers can harass one another, do such substandard work that it damages your company's reputation or leverage what they learn at your company to compete against you later. Your employees could make copies of your...
Should you change your sole proprietorship into an LLC?
On Behalf of Cushing & Dolan, P.C. | Aug 7, 2022 | Business Law
You started out with a dream and a shoestring budget, but you’ve successfully developed your small business into something profitable. Now, it may be time to move away from the sole proprietorship you have and create a more formal business structure. A limited...
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