How to Start a Company
Starting a company is actually simpler than it seems. To start a company: choose your business type (such as an LLC, corporation, etc.); choose your formation state (which doesn’t have…Read More
Seven Steps to Help Protect Your Business from a Data Breach
Cybercriminals are upping their game in an effort to obtain credit-card numbers, social-security numbers, PINs, and other personal information from millions of people throughout the world. At least once-a-week it…Read More
Suing Your Former Employee’s New Employer
Conspiracy, collusion, conundrum, oh my . . . Are these thoughts going through your mind? Did your biggest competitor just hire away your most critical employee? Are they stealing your…Read More
How to Avoid Fiduciary-Duty Claims
If you’re from Detroit, or a Lions’ fan, you surely remember when Calvin Johnson made that great, game-winning catch against the Dallas Cowboys to put the Lions in playoffs. Except…Read More
Why Create an Entity? 6 Reasons You Should Become an Organized Business Entity
Many people dream about being entrepreneurs. They may begin by doing something they love, and then they start getting paid for it! It’s easy to enjoy your success and overlook…Read More
Limited Liability Company Operating Agreement – Do I Need One?
What Is an LLC Operating Agreement? An operating agreement for a Limited Liability Company is a document by which you – an owner of the entity — customizes how your…Read More
Should You Set Up Your Company as an LLC or S Corporation?
As you are starting a business, you are confronted with a question right out of the box: Should you set up your new company as a Limited Liability Company (LLC)…Read More
When Should I Incorporate My Business?
***Note: Only a corporation is incorporated. An LLC is an unincorporated entity. It is more accurate to say that an LLC is formed or organized. However, for simplicity, I am…Read More
How to Remove Negative Material (About You!) From the Internet
As a business lawyer who specializes in internet-marketing law and litigation, I often get questions about how to remove negative, defamatory, or infringing material from the internet. Typical questions include:…Read More
What is an Offer in Compromise?
Donald K.S. Petersen, JD, Harvard Law School George Law An “Offer in Compromise” (“OIC”) is a great way for people in trouble with the IRS to eliminate thousands-of-dollars in tax…Read More
Do You Need a Buy/Sell Agreement?
Coronavirus placed unprecedented challenges before businesses and their shareholders (and LLC members), particularly those who did not plan for the future. When times get tough, a business shareholder’s true colors…Read More
Dispute Avoidance: Negotiating and Drafting Contracts
In practicing “dispute avoidance;” i.e., drafting significant contracts that do NOT end up in litigation, lawyers play a critical role. But often your input is the most important factor to…Read More
Why Your Business Should Care about Intellectual Property
If you own a business, you should take steps to protect your intellectual property – it may be the most important business asset that you’ll ever own. Intellectual property (often…Read More
Businesses Surviving the Quarantine
The business world is confronted with financial issues it’s never before seen. Businesses are quarantined. Unfortunately, though your revenue has ceased, your financial obligations don’t disappear. So how do you…Read More