Legal Issues

Suggestions to protect your small business from legal action

1. A policy which states that the company is an equal opportunity employer and strongly enforces a nondiscrimination policy. 

2. A strong sexual harassment policy detailing what is not accepted at your place of business.

3. A policy about phone and/or email communications.

4. Expectations of employees.

5. Include how your company plans to monitor or take action on all of the stated policies.

Keep your business out of legal hassles and headaches.

1. Arm yourself with basic knowledge of business law so that you’re alert to your company’s obligations and rights.

2. Practice prevention. Have your attorney review contracts and agreements before they’re signed.

3. Get your attorney’s opinions on documents you have drafted—such as employee policies—before you put them in place. You want to make sure they meet the requirements of the law.

Any business considering a lease must pay close attention to the critical Issues described in this document. Signing a lease (or rental contract) is one of the most significant financial commitments a company can make. The financial liability defined by a lease lasts the lifetime of the lease, typically three to five years. For this reason alone, a poorly negotiated rental contract can bury a business.

This is a template for a basic non-disclosure agreement used for the purpose of preventing the unauthorized disclosure of Confidential Information as defined within the document.

This is a document from the United States Patent and Trademark Office that  describes the Provisional Application for Patent process timelines and fees.

This document provides general information on Trade Secrets, Patents, Trademarks, and Copyrights. It does not represent legal advice, just overview information.

The University of San Diego School Of Law’s Entrepreneurship Clinic provides free (“pro bono”) legal services to low‐ and moderate‐income entrepreneurs interested in starting or expanding their small businesses.

Business Start-up Basics Seminar

Date
Tue, 2011-11-22 16:59

North Central Ohio Chapter of SCORE to host Business Start-Up Basics Seminar

Expert Counselors Will Answer Local Entrepreneurs’ Questions

One of the first steps on forming a new business entity is to define its legal structure, which establishes the legal treatment of the entity and the rights of owners or stakeholders in it.

There are four primary concerns that need to be considered in establishing the legal structure of your company: 1) the number and type of owners or stakeholders (also termed principals;) 2) the major risks to which the business is exposed and the financial obligations that could result from these risks; 3) the extent to which the owners must be protected against such obligations and 4) the tax obligations of the entity and the
stakeholders.

This document considers these points. It is recommended that a final determination be made only after a thorough legal review by an attorney experienced in this area.

An advisory board is an informal group. This is not a board of directors. It is a group of mentors. The group has no financial interest in your firm. This is a group of outside advisors who share their knowledge to help you be more competitive, think strategically and offer specific advice in key skill areas.

The benefits of an advisory board include: setting aside time to think strategically, obtain feedback and insights from outside the company, and gather information and expertise from peers who have knowledge in different areas than your own. In general, a three to five person board will likely meet your needs.

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