Can A Verbal Agreement Be Legally Binding?
Before answering the question, “can a verbal agreement be legally binding,” it’s essential to know the basic formula for a valid contract to exist. Additionally, it should be noted that every state
What Is SaaS?
In the age of technology, many people are still asking, “what is SaaS?” Software as a Service is a cloud-based software distribution model where the software is hosted on the server(s) by
What Are Common Legal Expenses For Startups?
Startup founders have a host of issues to work out throughout the life of their startup. In the early days, when the budget is tight, one of the first questions they may
Should I Incorporate Myself Or Use A Lawyer?
With the rise of DIY legal services, many entrepreneurs and small business owners may find themselves pondering the following questions, “should I incorporate myself or use a lawyer?” or “Should I hire
How Much Does It Cost To Start An LLC?
The cost to start an LLC will largely depend on the state of formation. Here are examples of some of (not all) the costs associated with an LLC in several popular states:
Employees Refusing To Come Back After PPP; Now What?
If you’re like the hundreds of thousands of businesses who received an SBA loan under the Paycheck Protection Program, you’re likely wondering what comes next? Like you, many business owners are facing
What Is A Partnership?
The IRS defines a Partnership as “relationship existing between two or more persons who join to carry on a trade or business.” As such, the partnership does not pay taxes but enjoys
What is a Force Majeure?
The term force majeure has been in the news a lot lately due to the coronavirus pandemic. Still and unsurprisingly, many startups, small businesses, and individuals are unaware of what that clause
How Do I Form an LLC in NY?
If you plan on forming an LLC in New York, you may find yourself googling, “how much does an LLC cost in NY?” or “how to form an LLC in NY?” You
How Much Does An NJ LLC Cost?
If you plan on starting a business in NJ and forming a New Jersey limited liability company, you probably find yourself googling, “how much does an LLC cost in NJ?” or “how
Should I form an LLC or Corporation?
The question, “should I form an LLC or Corporation?” will come down to a handful of factors. These factors include your short & long term goals, business model, and potential tax liability.
How do I start a business?
Most entrepreneurs and creators get their start by asking a straightforward question, “how do I start a business?” Starting a business requires careful planning, risk tolerance, dedication, and vision. Working with the
What Are The Benefits Of A Federal Trademark?
While many business owners know what a trademark (or “mark”) is, they may not know what the benefits of obtaining a federal registration are. This FAQ discusses the benefits of federal trademark
How to Protect Business Ideas?
In the age of instant communication, it’s not easy to protect business ideas. Depending on what kind of information is accessible to others, there are several options available to protect business ideas
What is an NDA?
An NDA is a binding agreement between two (or more) parties that obligates a party or parties to maintain confidentiality. The confidentiality obligations can be mutual or uni-directional (one-way). Other provisions include
Why do so many Startups Incorporate in Delaware?
One of the questions entrepreneurs and startup founders ask us the most is, “Why do so many startups incorporate in Delaware?” As co-founders or business partner(s) sit around a table and discuss
How Long Does It Take To Get A Trademark?
The question, “how long does it take to get a trademark,” comes up quite often during our initial brand protection consultations. The short answer is; it depends. Perfect applications are rare. While
Trademarks vs Copyrights; What’s The Difference?
Trademarks and Copyrights are two of the big four U.S. intellectual property rights. While they overlap in some areas, it’s important to make a distinction between trademarks vs copyrights.