When you do business in most cases, you will use a business name. Operating under a business name requires you to register that name with the state. The Oregon State Legislature refers to a business name as an assumed business name, and it is any name you use for...
PORTLAND BUSINESS & COMMERCIAL LAW BLOG
Avoid these mistakes when choosing a business structure
When you are just launching your new business, the choices you make at the start can have significant long-term implications for the success of your venture. Choosing the right business structure is among the most important decisions you face. Unfortunately, many...
3 ways to keep your LLC’s corporate veil intact
When you were researching business organizations before forming your limited liability company, protecting your personal assets undoubtedly appealed to you. After all, if your LLC fails, your creditors typically cannot go after your personal wealth. This is not always...
What options do you have when starting a new business?
When you decide to start your new business, deciding what type of business you will form represents the first decision you must make. Your decision will have long-lasting consequences, not only for your business but also for you personally. The IRS offers some...
How can businesses protect their trade secrets?
You started your business because you wanted to bring something different or special to your industry in the form of a product or service. To maintain your competitive edge, you want to preserve your trade secrets and prevent them from getting into the wrong hands....
Is an LLC right for you?
As you start off on your business ventures, one of the most important things to do is decide what form or structure you want your business to take. There are many options available, each with its own potential benefits and risks. One of the most popular options is a...
How should you prepare for litigation?
Facing litigation may rattle your operations and disrupt the workflow unless you strategize from the start. Knowing how legal involvement could impact your business can help you respond appropriately. The way you prepare for litigation may substantially improve your...
Avoid the most common legal mistakes made by Oregon startups
You may recall a perplexing question faced by economists after the pandemic when people began to return to their offices. A great many people did not go back to work at all. At one point, 10 million open jobs existed in the U.S. Economists wondered what happened to...
What are some tips for reviewing a business contract?
A well-drafted business contract can protect your company while allowing you to participate in a profitable endeavor. Still, you should make sure that your contract works as you intend it to. Mistakes made in drafting its terms and provisions could leave you with an...
What should your partnership agreement address?
Working with a partner has many benefits that you should consider when launching your business venture. You can work together to share important duties and you will have twice the brainpower to work out complex problems. However, you will need a foundational document...
