Small Business Law Articles & Blog Posts
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The Costly Consequences of Setting Up Your LLC Incorrectly
Starting a business is an exciting yet challenging venture. You’re chasing a dream, carving out your path, and setting the foundation for what could become a thriving enterprise. One of...
When Your Real Estate Agent Betrays You: What to Do As A Business Owner
You’re a successful and established business in your community. You want to take your business to the next level by buying the building in which you operate, saving on rent,...
Latest Updates Regarding BOIR Under the CTA
Last Updated: December 27th, 2024 Beneficial Ownership Information Reporting (BOIR) the Corporate Transparency Act (CTA) IS YET AGAIN SUSPENDED by Court Order As of December 27th, 2024, FinCEN is again...
Top Considerations for Business Owners Going Into 2025
As we approach 2025, the business landscape continues to evolve, bringing with it new challenges and opportunities for small business owners, entrepreneurs, and startups. Staying ahead requires adaptability, strategic thinking,...
How Important Are Online Reviews to a Successful Business?
In the digital age, where everything from books to groceries is just a click away, online reviews have become the modern-day word of mouth. For small business owners looking to...
What Happens to Your Digital Assets When You Die?
Each day our lives become increasingly more online. People have multiple online profiles and accounts for virtually anything and everything in their lives. These digital assets are often one of...
Independent Contractors and Employees: Classification Considerations Under the Fair Labor Standards Act
Misclassification can be expensive for your business. In today’s economy, where many workers desire flexibility through what is commonly called “gig work,” it is critical for employers to know whether...
Overtime Pay for Salaried Workers: The Rules Have Changed
Failure to adhere to the rules could be costly to your business. The Fair Labor Standards Act (“FLSA”) is a federal law that protects workers by establishing overtime pay requirements....
L4SB Partners With Score To Help Business Owners Meet Impending Beneficial Ownership Reporting Deadline.
NM Small Businesses and The Corporate Transparency Act. FREE Workshop November 20, 2024 Failure to properly report beneficial ownership information (BIOR) by January 1, 2025 can result in fines ($500/day)...
When Subsidiaries Run Amok: A Guide For Corporate Shareholders
Corporations are powerful legal entities, existing as separate entities from their owners, created under state law to conduct business. For shareholders, the benefits can be substantial—profits, dividends, and a voice...
Can Relying on a Promise for the Worse Now Lead to Recovery of Damages Later?
What is Detrimental Reliance, What Defense is Detrimental Reliance a Part of, and How Can You Use it? When discussing the legal concept of detrimental reliance, it is helpful to...
Federal Trade Commission’s Non-Compete Clause Ban Overturned: What This Means for You
On August 20, 2024, United States District Court Judge Ada E. Brown of the Northern District of Texas, Dallas Division, issued a ruling in the case of Ryan LLC v....