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March 2017 Archives

Carefully consider the options when forming a business

Forming and building up a business involves a lot of very practical considerations, and a lot of these considerations are tied up with the legal form the business takes. The type of business entity an entrepreneur chooses to form affects various areas of concern, including taxation, ownership, reporting requirements, and liability.

Consumer advocacy group looks at variance in auto insurance costs for not-at-fault drivers

The Consumer Federation of America, a national consumer advocacy group, recently published a report highlighting the fact that insurance costs associated with accidents can vary in sometimes significant and non-intuitive ways.

Looking at state, federal trade secret protections, P.2

Previously, we began looking at the topic of trade secret protection. As we noted, trade secrets can be enforced at both the state and, more recently, at the federal level. Last year, the Defend Trade Secrets Act was signed into law, providing business a federal cause of action to enforce trade secret infringements.

Looking at state, federal trade secret protections

For businesses, protecting information valuable to the business is a necessary and ongoing responsibility. Protecting valuable business information can be done in a variety of ways. Intellectual property law provides several tools for businesses—trademarks, copyrights, and patents—and noncompete agreements allow businesses to prevent employees from defecting to competitors and taking valuable company information with them.

Pros and cons of business entity types

When starting up a business, choosing the structure that best aligns with your goals is one of the most important decisions to make. While there are many entity choices available, understanding each one's functions, benefits and downsides can help guide you in the right direction. Here are some common business types to consider:

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