When you seek to hire new staff you may immediately see the benefit of hiring an employee from a competitor. After all, he or she may already have the skills or knowledge to “hit the ground running” in your company or even bring with her valuable relationships with potential customers or partners. As you can […]
How to Block Registration of a Troublesome Trademark with a Letter of Protest
We are often contacted by clients who want to block registration of a competitor’s trademark because it’s too similar to their own. In some cases, the method we use to accomplish the client’s objective is to file a letter of protest with the U.S. Patent and Trademark Office (“PTO”) on behalf of the client. These […]
How Agreements Help Avoid Conflict Among Business Partners
Many business people fail to enter into appropriate ownership agreements that could protect them if the business fails, a partner dies, or the owners decide to part ways. Many entrepreneurs believe the legal fees and hassle needed to obtain properly drafted ownership agreements outweigh any potential benefits. When a new venture is launched, and money […]
Important Corporate Documents for a Successful Business Sale
The last thing most founders think about when they start up a company is selling it. If one of the possible exit strategies is to sell your company, you should be thinking about the documentation you’ll need for a successful business sale from the very beginning. It may be years down the road but the […]
Using Phantom Stock in a Family-Owned Business to Attract Employees
Like any business, a family-owned business has a strong incentive to attract, retain, motivate and reward key employees. A competitive salary and benefits package may not be enough to do this in today’s market. Many businesses offer equity incentive plans to employees as a form of long-term incentive compensation. For many family-owned businesses offering stock […]
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