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How to Hire a Business Attorney
Businesses new and established know that there are several types of professionals they will need to stay competitive and protect their operations. Finding the right professionals, from accountants to marketing consultants to lawyers can get challenging. Like...
How to Hire a Business Attorney
Having a business attorney on your team to help you navigate complicated intellectual property matters, draft valuable service contracts, or fight a frivolous liability lawsuit levied against your brand can save you millions of dollars in lost revenue.
Latest Posts
Stock Options for Your Key People, What’s the Best Strategy and How Much to Issue
Once your business starts to take off, it’s natural to want to share your success with the people who have helped and supported you along the way. One popular way to do this is through the issuance of stock options. Offering equity to your employees can benefit your...
Why an Employment Agreement Is Crucial
In an ideal world, employment relationships would be non-contentious. In reality, what began as an amicable arrangement all too often devolves into disagreements and disputes. The best way to protect yourself from potential future conflicts is to enter into an...
Meet Sal Mughal, Founder of KSMK Group
Meet This Month's Hot Entrepreneur! Meet Sal Mughal, founder of KSMK Group, a top contract manufacturer of nutraceutical products like vitamins and sports supplements. KSMK prides itself on two things, taking special care of their customers and creating the most...
What’s the Purpose Behind New York’s LLC Publication Requirement
If you’re a new business considering incorporating in New York State, chances are you’ve heard of the state’s infamous publication requirement, which mandates that new corporations to place fairly costly ads in traditional newspapers informing the public of their...
Should You Form Your Corporation in New York or Delaware
Incorporation is an exciting step for any up-and-coming business. One of the first questions many New York companies ask is whether they should incorporate in New York or Delaware. Chances are you’ve heard there are advantages to incorporating in Delaware, but you’re...
How to Get Paid By Non-Paying Clients
Managing to turn your passion into a business in no small feat. While it may be tempting to relax a bit once you’ve started landing clients, the reality is your job has just begun. After all, we all know that making money is crucial to the success of your business....
Factors That Can Impact Your Choice of Entity
So your business is no longer just a hobby but an actual, ongoing moneymaking venture. Congratulations! But you’ve got some homework: deciding what type of business entity you would like to form under your state’s business laws. “Wait, what if I’m not ready or even...
Franchising for Dummies: The FDD (Franchise Disclosure Document) Explained
If you are a potential franchisee considering investing in a franchise, one key step in your due diligence is will be to receive and review the Franchise Disclosure Document, or FDD. The purpose of the FDD is to give you an informed understanding of the risks,...
How to NOT Have Your Corporate Veil Pierced
There are a number of reasons to form an LLC, S-Corp, or other corporate form, but one of the biggest reasons is right there in the first two initials of an LLC: Limited Liability. By creating an LLC or similar corporate formation for your business, you can prevent...
How to Solve Business Partner Disputes Productively
A business partnership is like a marriage in a lot of ways. You and your business partners joined together because you had a common purpose that you both found worth pursuing for your mutual benefit. And, like a marriage, your partnership means you have rights but...
Startups: Choosing Between an LLC and an S-Corp
For many startup owners and entrepreneurs, following their passion by building their own business was at least in part a way to avoid cubicle life, spreadsheets, and generally uninteresting issues of corporate finance and compliance. But as your business grows, these...
What You Need to Know Before Buying a Franchise
From yoga studios to restaurants to gyms to professional service companies and everything in between, owning and operating your own franchise can be a great way to become your own boss and rake in serious cash while building on brand name recognition and other...
Why Your Operating Agreement is Your LLC’s Most Important Contract
As an owner of an emerging LLC, your sights may be set on winning contracts with big clients, negotiating contracts with servicers and vendors, and even on the ultimate goal of an acquisition agreement from a larger company to purchase your company. But, for the time...
The Importance of Working With a Lawyer to Create Your LLC
Creating an LLC is an important step in the early days of your business, and, when done properly, can protect you and your business from disastrous financial consequences. If you have Googled “how to create an LLC,” you have no doubt been bombarded with ads selling...
Why You Need to Trademark Your Business Name ASAP
So you quit the day job, took out loans, corralled investors, worked day and night to create a vision and bring it to life, and now you have achieved the dream: you’ve built a growing business on your own terms. But have you taken the steps to trademark your business...
New Dance Workout that Tones Your Guns: 180SoulFit
Meet This Month's Hot Entrepreneur! Meet Caroline Todman, founder of 180SoulFit, the hottest new thing in boutique fitness. 180SoulFit's vision is to help people connect with their bodies and their souls through dance fitness. Caroline came to Gouchev Law because she...
5 Things You Think You Need to Know About the FTC’s Franchise Rule
It’s 2016, your business is booming, and you want to expand. Maybe you own a restaurant, a fitness studio, a coffee house, or perhaps a retail store. Go-big-or-go-home is your motto. And now you're ready to franchise your existing business or purchase a franchise....
Staffing & Operations Firm: Aceum Partners
Meet This Month's Hot Entrepreneur! Meet Ira Machowsky, founder of Aceum Partners, a staffing, HR and operations consulting firm that aims to help advance the social good. Aceum's vision is to partner with nonprofit and social sector organizations in...
Lifestyle Consultancy: Shift Limiting Beliefs
Meet This Month's Hot Entrepreneur! Meet Ellen Thomas, founder of Shift Limiting Beliefs, a coaching consultancy that helps you live a life that thrills you. Ellen's mission is simple. She helps people change their beliefs so they can finally live their dream lives....
Legal Must-Haves for Your Online Business, App, or Blog
There is much you need to know as you start and grow your new business. To help determine the priorities and avoid getting overwhelmed, here is a checklist for essential start-up issues we use with new clients. 1. Business Model Is your idea viable as a business? Do...
Healthy Snacks Retailer: HOyos Snacks
Meet This Month's Hot Entrepreneurs! Meet Octavio and Isaura, founders of HOyos, a snack food company based in New York. HOyos is not only creating the freshest and tastiest plantain chips and other snacks, but is also helping create jobs in the U.S. and in Latin...