All LLC’s should have a well set out operating agreement, describing how the LLC will operate from an administrative standpoint. Some of these operating agreements will have provisions describing how a member may leave the LLC. However, most LLC’s either don’t have a proper operating agreement, or if they do, it simply refers to the [...]
Always a question that concerns business owners is what should be included in a contract? The short answer: everything that is needed. However, there are ways to break up drafting a contract to make it easier to know what should be included, and when it is too much and jeopardizes the deal getting done.
Even though [...]
If a business has a new idea or product, the immediate thought is to go out and patent the idea. While this may be appropriate in some cases, in others utilizing Trade Secret law may serve you better. If you take a look at products like Coca Cola or Krispy Kreme donuts, they have protected [...]
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