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February 2017 Archives

What to do when you and your business partner want to part ways

Business arrangements don't last forever. Even if your enterprise has been successful, you and your business partner may decide to part ways for any number of reasons: a career change, retirement, relocation. Maybe the partnership has run its course and it's time for both of you to move on. Maybe you've come to an impasse about your goals and vision for the business. Or maybe one person wants to branch out on their own and pursue new opportunities.

Entrepreneurs will need help with their business

Starting your own business takes a certain mindset. You have to be courageous and confident, as well as prepared and flexible. The entrepreneurial spirit is a glorious one, but when you go down the entrepreneurial path, it is important to realize that you will run into problems and roadblocks. When these things pop up, you will need to ask questions and get answers. Needing help isn't a weakness -- it is an inherent part to starting a business.

Helpful tips for closing down your business

Deciding to close your business can be difficult, whether you are a sole proprietor or part of a partnership, limited liability company (LLC) or corporation. Additionally, the business dissolution process can be more complex than you might think.

Business succession planning 101

You worked hard to build your business from the ground up. You believe that success has the potential to span generations. The last thing you want is to see your legacy vanish once you're no longer able to lead the business.

What can be copyrighted and what can't?

Intellectual property covers a wide range of topics, and it provides legal protections to companies, individuals, inventors and other creatives. A copyright is a specific type of intellectual property, one that governs over original works of authorship. These original works must be in a tangible form, though it does not matter if the works were ever published or not.

What steps can you take to protect your trade secrets?

Trade secrets can be vital to the success of any business, not just large corporations. Unfortunately, many business owners do not take proper steps to protect this valuable intellectual property. In fact, they may not even realize it should be protected.

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Robert Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the May issue of The American Lawyer & Corporate Counsel magazine.Alex Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the December issue of The American Lawyer & Corporate Counsel magazine.

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