Small Business Law Articles & Blog Posts
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Do You Have a Line of Credit (LOC) Yet??!?
It’s an unfortunate truism in today’s society: Those who don’t need have plenty, and those who do need have little. A clear example of this truism comes in the form...
The Art of Buying and Selling a Business
Whether you are buying or selling a business, few people will disagree that this process is one of the most important, exhilarating and emotional experiences of your life. For the...
What is Detrimental Reliance and Can an Oral Contract Become Enforceable?
Suppose you are propositioned by your neighbor to work on your lawn, and you say “Thank you, I’ll think about it,” and unbeknownst to you, your neighbor proceeds to work...
Real Estate Investment Companies
I’m often surprised by how many entrepreneurs are out there, and how many of those entrepreneurs use real estate as their primary form of investment. They come in several flavors....
Successor Liability – Even in an Asset Purchase
Interested in buying a business, or thinking about pulling that trigger and acquiring your labor of love? Before you do, you need to understand what “Successor Liability” is, and how...
LegalZoom or LegalDoom?
It’s true. We are competing with LegalZoom. Seems almost outlandish that a law firm, with actual licensed, practicing attorneys possessing over 20+ years of experience each, would be competing with...
USPTO Lowering Trademark Registration Fees on Jan-17!
This is a reminder to everyone who is considering filing a trademark … The United Stated Patent and Trademark Office (USPTO) is lowering the fees associated with trademark filings by...
2015: New Year and New Law Firm!
2015 marks the 4th year L4SB has been in business, and we’ve learned a few things in those four years. We’ve learned a lot about our clients, and we’ve learned...
The Faux Contradiction of Contracts
Just the other day, I picked up my daughter from school. She announced to myself and my other daughter in the car at the time, that she “made friends with...
When and Why to Hire a Business Lawyer
Starting your own small business can be an exciting if not intimidating endeavor. The failure rate for small businesses is generally 50 to 70% within the first 18 months. The...
How to Negotiate Good Lease Terms
Last November, I wrote an article entitled, Commercial Leases: Avoid Getting Screwed, which identified three important aspects of a commercial lease: Location, Rent and Lease Terms. In this article, I...
Leaving a Partnership — How To Do It Right
So, you’ve decided (or are considering) to leave the company you’ve either helped to form, purchased an interest in, or otherwise joined for one reason or another. There are many...