Starting a new business?
I can help. I’m happy to sit down (without the timer running) to discuss your plans and what you might need in terms of legal services. There is no charge for a general discussion like this.
Topics that are usually covered include choice of business format (corporation, LLC, etc.); business names; time tables and costs for your anticipated legal needs; other professionals you might need on your team; and risks associated with business ownership.
Corporation? Limited Liability Company? Partnership? Which is Best?
I don’t know. But if I knew what your business was all about, and what your plans were for the future, I could help you make that decision.
After getting some initial information, I can help you decide which is the appropriate type of entity for you and create it for you. Usually within 48 hours I can get the entity created to the point that you can start signing contracts and set up a bank account. I charge a flat rate for incorporating small businesses with just a few owners, so you will know in advance what your expenses will be for this important step.
What’s in a Name?
While a rose by any other name, might smell as sweet – a Rolex is worth a lot less without that name. The basic law of business names is that whoever uses a name first in a marketplace has the right to that name and can stop anyone else who uses a similar name.
Sounds simple, right? Well, in practice it’s downright confusing. First you have to make sure you don’t step on anyone else’s toes, and then you want to protect your name from people who come along later. This is complicated by the fact that there is no one master list of all business names. Not even Google catches them all.
A well protected name can add value to your business, while a poorly thought out name can result in huge problems and expense. But not all companies need the same type of protection. I can help you come up with a plan that is appropriate for your business, whether it’s just starting out, or been around for a while. Shoot me an email or call me – my contact information is found under the “contacts” tab on each page of this site.
Protect Trade Secrets
Intangible assets are things of value that are not tied to a physical format. These may include intellectual property like software programs or trade names. It may also include trade secrets and things as simple as well documented business processes. If you don’t think your business has any intangible assets, think again.
Documenting and protecting your intangible assets can make your business more valuable. There’s a reason why Venture Capitalists look at more than a company’s facilities and financial statements before they invest. VCs will thoroughly check out a business’ intangible assets too – because there is real and potential value there.
Your company has intangible assets which add value to your business. Most business owners just don’t take the time to recognize all of them.