Are you considering venturing into the thriving world of MedSpas? As the demand for aesthetic treatments continues to rise, opening a MedSpa can be an exciting and lucrative endeavor. However, [...]
Many new business owners believe that giving a percentage of the business to employees will create a sense of ownership in this business and engender greater loyalty and work ethic. [...]
Reading any of the other MYTHS should dispel this notion, but if you have come to this MYTH first, to summarize: Litigation is a complex process that is rampant with [...]
If you have read through points 1-10, you realize that you may know a lot about the product or service you sell, but there are many aspects to running a [...]
This is true in some very specific cases, but the type of trust that provides asset protection is typically a third party trust where the trustee, who has control over [...]
One of the main reasons we form corporations or LLCs is to avoid personal asset exposure for business liabilities. This “corporate (or company) veil” of protection that an entity provides [...]
Many people think that the name “limited liability company” (LLC) denotes that this is the only business structure or entity type that provides liability protection. LLCs have only been in [...]
This can be one of the costliest mistakes in operating a business. The list of potential problems is too long to share in this format, but agreements, even between trusted [...]
Registering a trademark or tradename is an essential step in protecting valuable intellectual property and the associated goodwill of a business. However, an undiscovered senior user, someone who has used [...]
Another basic question Scheufler Law asks entrepreneurs is “What is your exit strategy?” More often than not, the response is a blank stare. Entrepreneurs are frequently so excited about the [...]
