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6 Ways to Make Your Limitation of Liability Clause More Enforceable
We can agree that everyone wants to manage risks by limiting their liability in potential lawsuits or other claims. A limitation of liability is an excellent way to shift the risk to the other party in the contract and is generally an excellent solution to limit the...
6 Ways to Make Your Limitation of Liability Clause More Enforceable
Everyone wants to manage risks by limiting their liability in potential lawsuits or other claims. That is why limitation on liability clauses are so important. But some question the enforceability of liability cap provisions.
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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...
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...
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...
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...
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...
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...
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...
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....
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...
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....
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...
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...
There’s a widely undervalued contract that can actually help your business grow. It's something that entrepreneurs often mistakingly don’t put into play when they're first starting out. This magic document is a custom client service agreement. How Does a Client...
Meet This Month's Hot Entrepreneur! Meet Kunal Sethi, founder of S Cap Investment Consultancy, an investment firm that is literally transforming lives by helping to fund innovative startups that make a huge social impact, such as clean water solutions and technology...
The truth is, it’s always easier and cheaper to prevent than to cure an issue, especially a legal one. If you take the right steps, you can prevent legal hassles and save a lot of money. To help get started, I'm going to share with you a pattern of common mistakes...
Meet This Month's Hot Entrepreneur! Meet Jamie Glowacki, an impressive business owner and now widely known published author. Jamie came to Gouchev Law for intellectual property protection. Things were moving at such high-speed in her business, that we dove right into...
Maybe you’ve been considering applying for a federally registered trademark on your own to save money. But according to the U.S. Patent and Trademark Office (USPTO), “most applicants hire an attorney who specializes in trademark matters to represent them in the...
Meet This Month's Hot Entrepreneur! Meet Jamie Jensen, a boss entrepreneur and an extremely talented copywriter and founder of Your Hot Copy. Before we started working together, Jamie had been contemplating whether she should make the investment in a lawyer. Here is...
Every LLC should have an operating agreement, but because there’s typically no filing requirement for this document, many companies use a cookie cutter contract and just fill in the blanks. That’s one of the riskiest things you could do, especially if your LLC has...
After tons of questions on this topic, I've decided to talk about the best time a business should invest in a lawyer, and how to save money where possible. Costs Versus Return Startups struggle deciding whether to spend on legal services because these services don’t...
Intellectual property is a vital part of a businesses’ bottom line. The reason? It’s where most of your company’s brain power goes, and that exact brain power used to build your business is what makes your business more and more valuable. We’ve discussed this topic...
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