Blog | Law 4 Small Business, P.C. (L4SB) | A little law now can save a lot later.

Understanding Contracts: How do Security Interests work?

May 27, 2020 / by Ian Alden / Commercial Transactions, Contracts, Strategic Planning / 0 comments

Last Updated: No update. New article. Contracts are at the heart of business. At their simplest, contracts are the formalized agreement between two (or more) parties spelling out what each party is required to do and what benefit they’re expecting to get in return. But what happens when one party doesn’t — or can’t — […]

Now More Than Ever: The Importance of Protecting Your Business from Email Based Phishing Attacks

May 25, 2020 / by Kalen Miller / Business Tips, COVID-19, Employee Management, Small Business, Strategic Planning, Tech Law / 0 comments

Since its advent in 1971, email quickly became a staple of communication and collaboration in both business and personal settings. In fact, there are over 4.04 billion email users worldwide in 2020 so far! That is about 56% of the world’s population using email, and it’s easy to see why it has become so popular. […]

Why a Pandemic Might Just be the Perfect Time to Start a Company (probably an LLC!)

May 22, 2020 / by Kameron Kramer / Anonymous LLC, Business Tips, Corporations, COVID-19, LLC, Other Corporate Entities, Small Business, Strategic Planning / 0 comments

The U.S. unemployment rate is at its highest rate since the Great Depression with roughly 36 million Americans now without work Even people who are still employed face increased worries about the future of their employment and are looking for new, creative ways to create an income for long-term financial stability during these uncertain times. […]

Tips for Casual Dining & Formal Restaurants: How to Reopen During COVID-19 and Generate Revenue

May 20, 2020 / by Alicia MCConnell / Business Tips, COVID-19, Marketing, Small Business, Strategic Planning / 0 comments

Many people are eager to be able to return to dining out at their favorite restaurants once the restrictions brought about by the current COVID-19 pandemic are lifted. According to the Governor’s latest predictions, restaurants should be able to reopen sometime in early June with limited occupancy and other restrictions and requirements. While such requirements […]

™ vs. ® – What the heck do these two symbols even mean???

May 18, 2020 / by Kameron Kramer / Business Law, Business Tips, Copyright, Intellectual Property, Patents, Trade Secret, Trademarks / 0 comments

Next to most logos or brand names, you can find either a ™ or a ®. Obviously, they must have some significance, but what is the difference between the two symbols? First and foremost, the ™ means that the mark is being used as a trademark to denote the source of the goods. It should […]

The “B” Word: How to use Bankruptcy to your advantage

May 15, 2020 / by Ian Alden / Business Tips, Contracts, Strategic Planning / 0 comments

Last Updated: No update. New article. As the COVID-19 pandemic continues on, more and more people are looking at a solution once thought unthinkable: bankruptcy. While bankruptcy has had a certain stigma attached to it for years, that stigma has lessened considerably in recent years as more people come to understand bankruptcy as a tool […]

How to Be a ‘Good’ Commercial Landlord During Covid-19

May 13, 2020 / by Carrie Cook / Commercial Transactions, Contracts, COVID-19, Lawsuit / 0 comments

Balancing Empathy with the Need to Collect Rent As the current economic situation develops, businesses are being hit hard, and money for the rent might not be in their budget. What can you do when you need to collect the rent, but your tenants are struggling? As a landlord, you may have several options available, […]

Don’t be a General Partner! (Not Even by Accident)

May 11, 2020 / by Kameron Kramer / Business Law, Business Tips, Partnership, Small Business, Strategic Planning / 0 comments

A partnership is the most basic and perhaps the oldest type of business formation, and quite simply the easiest to enter into. In fact, it is so easy to enter into, you may enter into without even knowing it. Anyone you share profits with could legally be your partner, and your partner is legally obligated […]

COVID-19: Does Your Business Need a Waiver or Release for Customers and/or Employees?

May 8, 2020 / by Larry Donahue / Contracts, COVID-19, Employment Law, Human Resources, Lawsuit / 0 comments

Last Updated: No update. New article. The short answer is … it’s doubtful a waiver or release will protect your business from liability, unless you’re creating/following guidelines, enforcing guidelines, documenting incidents, and maintaining an incident log to prove you were following and enforcing guidelines. The longer answer is … We’re getting this question a lot, […]

A Tax Lawyer Weighs In On COVID-19 Stimulus Payment and More

May 6, 2020 / by Ian Alden / Business Law, Business Tips, COVID-19, Taxes / 0 comments

The CARES Act/COVID-19 mean there are new considerations when it comes to taxes this year… Are the $1,200 stimulus checks taxable? Will recipients have to repay that money at some point? Quick answers: The $1,200 payments are technically “advance refundable tax credits”, much like the Affordable Care Act subsidies, and are not taxable as income. […]

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