Small Business Law Articles & Blog Posts
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What is a Provisional Patent and How Can it Help Your Business?
If you’re thinking of getting your invention or idea patented, the first step is understanding how the patent process works. One type of patent that might be of particular interest...
What You Should Know About Attorney-Client Privilege
Attorney-client privilege is an important legal concept that allows people to have confidential conversations with their attorneys without worrying about those conversations being used against them in court. It’s a...
Law 4 Small Business is Moving!
Beginning February 27, 2023 our New Mexico Home Office will have a new location! Law 4 Small Business will be moving to 6801 Jefferson St NE in Albuquerque. The new...
Forming a PC or a PLLC
In many US states, professionals who offer their services through a business entity must form a PC (Professional Corporation) or a PLLC (Professional Limited Liability Company). This process differs widely...
Fraudulent Transfer, What is it?
A fraudulent transfer, or fraudulent conveyance, is a type of transaction where funds or assets are taken away from a person or entity with the intent to defraud, usually to...
Your CRS Number is Now a BTIN
What Happened to My CRS Number? Every New Mexico business is required to have a seller’s permit (which used to be called a CRS Number). This is still true of...
It’s Important to Keep Your Operating Agreement Updated
What is an Operating Agreement? An Operating Agreement is a legal document that outlines the operating procedures of a limited liability company (or LLC). This document is a legal requirement...
What is a DBA and Sole Proprietorship? Should You Operate Your Business as One?
When starting a business, it is important to consider the legal structure of your venture. There are numerous options to choose from, but two popular choices are operating as a...
What is a Trade Name and Do I Need one?
Starting and running a business can be a complex endeavor. It’s important to consider whether you need to register a trade name or not, and it’s equally important to ensure...
Start an Ecommerce Business with a DBA
When you start an Ecommerce business, it’s a good idea to give your online storefront a unique name. Thoughtful and effective branding is essential. However, if you are a sole...
Is Mickey Mouse in the Public Domain Now?
The copyright for the animated short film entitled “Steamboat Willie“, published 1928, is set to expire at the end of 2023. This film is the first of nearly 95 years...
10 Essential Items for a Template Contract
When running a business or entering into any kind of agreement with clients, it’s important to have a template contract that can be used as the basis for all negotiations,...