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How to Build and Protect a Cannabusiness Brand

cannabusiness brand

The social stigma and legal consequences of using cannabis and cannabis-derived products are gradually fading away as more states legalize medicinal and recreational use. As of 2020, federal law still considers cannabis illegal. Yet, the tides are turning, and it’s not a stretch to say that cannabis use, possession, and sale could be legal in all 50 states within a decade. It’s a great time to plan ahead and start laying the foundation for a cannabusiness brand.

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Legal Requirements for Starting a Small Business

Business people discussing the legal requirements for starting a small business as a limited liability company

There are over 30.2 million small businesses running in the USA, and every year, a new set of ambitious, driven entrepreneurs set out to join them on their own promising ventures. 

But navigating the business of starting a business can be tricky, particularly from a legal perspective. So, if you haven’t done this before, or just want to brush up on the process, we’ve outlined a few things you need to know, as an aspiring small business owner.

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Seven Things To Consider Before Your First Acquisition

acquisition

Mergers and acquisitions are an integral part of company growth for both the acquirer and the acquiree. With big money and high stakes involved, these transactions are fertile ground for an unsophisticated party to get short-changed. Due diligence must be done before finalizing a merger or acquisition.

Legally, acquisitions present a host of issues that must be overcome. If you are about to enter into your first acquisition, this blog discusses some of the most significant points you need to consider.

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What Small Business Owners Should Know About Retirement Plans

Two people walking with bikes on beach discussing their small business retirement plan

Did you know more than 40 percent of permanent employees lack access to an employer-sponsored retirement plan? Sadly, this has led to many retirees experiencing a tremendous decline in their living standards in their retirement. As such, not only is it vital to plan for your own retirement as an entrepreneur but also to help your employees to plan for their future.

There are lots of compelling reasons why you should start a retirement benefit plan for your employees including an increased chance of retaining and attracting qualified employees. Also, some retirement plans offer tax advantages for your business as well as for the employees.

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