A limited liability partnership or LLP provides you and other members of your company with liability protection. According to the U.S. News, individual members are not liable for their partners' misconduct and are not liable for the partnership's liabilities. How is...
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Business & Commercial Law
How small businesses can comply with the CAN-SPAM Act
The CAN-SPAM Act is a federal law that governs how companies can communicate with consumers through email. Violations of the act can result in costly penalties, exceeding $42,000 for a single offense. These tips from the Federal Trade Commission can help your small...
What remedies do businesses have for anticipatory breach?
From procurement contracts to sale agreements, contracts are a part of daily life for most business owners in Oregon. While many parties to business contracts fulfill their legal and contractual duties, others are either unable or unwilling to do so. According to the...
What does it mean to ‘settle’ a case?
It might surprise you to learn that the majority of civil cases never actually go to trial. It is much more common for feuding parties to decide to settle a case rather than to take it to court. Whether or not it is more advantageous for you to settle your case or...
3 Tips for creating a startup in a heavily regulated industry
What do cars, food, alcohol, cannabis and health care have in common? They are all goods or services from heavily regulated industries in the United States. In addition, they are also from industries that offer lucrative new business opportunities. If you are an...
Common mistakes new business owners make
When you start a new business, you must make many decisions that can have long-term implications for your professional and personal life. During the start-up process, avoid these common mistakes that many new owners make. Choosing the wrong business structure One of...
Comparing C corporations to S Corporations
One of the first steps to take when creating a new company is choosing a business structure. A corporation is a popular choice because of the protections for personal assets from business creditors. However, there are different types of corporations to choose from as...
What are the most common disputes a business owner might face?
Although there are certain protocols in place, the life of a business owner does not always run smoothly. Here are four types of disputes that might arise over the lifetime of a business. 1. Business-to-business disputes The relationship between businesses is valuable...
What is trade secret protection?
As an up-and-coming business owner, entrepreneur or content creator of any sort, it is important to protect what makes your work unique. You can go about this in many ways, such as filing for patents or copyright. But what about trade secret protection? Though it gets...
3 things you should do before buying a business
If you would like to become an entrepreneur, but you do not have a groundbreaking idea that you want to pursue, your best bet may be to purchase an existing company. You can avoid some of the beginning stages of business creation and implementation, making it easier...
