There are many considerations that must be taken into account when creating and maintaining a business. The type of business created, the employees to hire and countless management decisions can all make or break one's company. One long-term, ongoing business issue is...
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Business Law
How important are my corporation’s bylaws?
If you are thinking about starting a business, then you have a lot on your plate. You may find yourself pondering how you will raise capital, who you will hire to help you provide your goods or services and how you will protect your brand. Yet, from the get-go, the...
How an LLC works in Pennsylvania
Choosing the right structure for your business is an essential step toward its future success. Several options exist for Pennsylvania business owners, each offering its own pros and cons. Your choice may depend on your type of business, its size and your future plans...
Contract breach and potential remedies
In many instances, in order for businesses to operate properly promises have to be made and kept. Because of this reality, many individuals and businesses find themselves relying on the promises of others. This is the basis of contracts. Most often, parties come...
Working your way around business litigation
In order to protect yourself and your business, it is crucial to have a firm understanding of the laws and regulations in place. There may be instances where you find yourself in an uncomfortable or unwelcome situation either facing business litigation or the victim...
A quick look at types of unincorporated business entities in PA
Different business entities have different characteristics in different areas, including: ownership and control; liability; taxation, reporting requirements; formation and dissolution requirements; distribution of profits, and so on. The type of entity selected when...
PA law made broad changes to law governing unincorporated entities
Earlier this year, a new Pennsylvania law went into effect which made significant changes to several types of partnership entities and limited liability companies. The changes were fairly widespread touching upon matters of formation, dissolution, registration,...
Protecting valuable business information and resources: looking at some tools, strategies, P.3
In previous posts, we looked briefly at some of the important ways businesses can protect valuable information, including intellectual property protections and trade secret protections. Both are useful tools when employed strategically and with the help of an...
Business formation: LLC or corporation?
Starting a new business is an exciting venture, but it often comes with some questions and stress. As you begin to follow your dreams to become a business owner, you might be wondering what type of business you should form. With so many options out there, this choice...
Protecting valuable business information and resources: looking at some tools, strategies, P.2
Last time, we began commenting on some of the tools and strategies businesses can use to protect sensitive information from competitors, specifically taking a brief look at intellectual property rights. As we noted, registering and enforcing trademarks, patents and...