Andrew John Contiguglia

Facing legal issues in business? What are the top 10 legal issues in business? Over the years, I have identified the Top 10 legal issues in business, that owners should consider in 2018.

Business Plans. Business plans are not a legal requirement. However, business organizations should clearly define their business’ objectives in a concise, dynamic business plan to communicate the mission and business goals to key players in the business.

Legal Structure. Probably the most important decision for a business owner is deciding the appropriate legal structure. The choice will impact the owners choice of entity, management, liability, taxation, financing, and some other key issues. Business owners should consider consulting with a lawyer before making this decision.

Financing the Business. Depending on the type of business entity an owner selects and its financial goals, financing can be done in several ways. Typically, the business owner will decide to finance the business with debt and/or equity. Such ways include obtaining loans from a bank or another lender, issuing short-term or long-term debt securities, and issuing equity securities. Because of the legal complexities and risks associated with issuing securities, consulting with a lawyer is imperative.

Selecting a Business Name. A new business name should be legally cleared before its first use. This means a business owner should complete some research to make sure there are no similar names. Once cleared for use, a business name should be protected by filing it with the relevant secretary of state office, registering as an Internet domain name, filing an application for federal or state trademark registration, and filing applications for foreign trademark and service mark registrations in key international markets, if the business is planning on operating outside of the US.

Choosing a Business Location. Factors to consider when choosing a business location include the business’s proximity to customers, suppliers and distributors. Consider its minimum business requirements, like office space size, access to public transportation, and parking.

Recruiting and Hiring Employees. Recruiting and hiring employees creates new legal obligations for the business to consider. Some of these considerations include: complying with federal, state, and local anti-discrimination laws in the hiring, interviewing, and selection process; satisfying I-9 requirements; maintaining the “at-will” status of employees, unless an employment agreement states otherwise; complying with wage/hour laws; employee benefits; drafting and maintaining employee policies or an employee handbook.

Obtaining Business Licenses and Permits. The nature and location of the business will determine whether licensing and permits are necessary. Check the state and local laws and regulations. Also check Federal law for businesses that are federally regulated. The new business will also need to apply for an employer identification number (EIN) with the IRS.

Identify Suppliers, Distributors, Logistics Providers, and Customers
Depending on the type of a business and the kinds of goods and services it provides, an owner will need to identify and contract with: Suppliers; Distributors; Logistic Providers; and Customers. Don’t rely on handshake deals. The best practice is to maintain written agreements with all these individuals.

Acquiring and Protecting Intellectual Property. Many new businesses create intellectual property (IP) to be used in connection with the manufacture, marketing, advertising, and sale of their goods and services. These IP assets include: Trademarks; Copyrights; Trade secrets; and Patents. Before the business considers exploiting these IP assets, they should be cleared for use, ensuring protection remains available, and then protected.
Remember, when sharing any proprietary information, parties should enter into a nondisclosure agreement.

Evaluating Insurance Needs
All new businesses need insurance. Factors owners should consider when deciding what insurance to buy, and how much is necessary, include the scope of: exposure to suppliers and customers; activities of employees and independent contractors; corporate activity, including inherently dangerous activities. At a minimum, a business owner should consider obtaining commercial general liability, including property damage, personal injury, and advertising injury; workers’ compensation and employer liability; Key man or key person; Insurance for ERISA fiduciaries, including ERISA bonds; fiduciary liability insurance; errors and omissions insurance; and directors and officers liability insurance.

NOTE: THIS INFORMATION IS PROVIDED PURELY FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES; EVERY LEGAL CASE IS DIFFERENT AND YOU ARE BEST ADVISED TO SEEK LEGAL ADVICE FOR YOUR PARTICULAR LEGAL SITUATION; I'M GLAD YOU LIKE THESE VIDEOS, BUT WATCHING THEM DOES NOT CREATE AN ATTORNEY / CLIENT RELATIONSHIP BETWEEN YOU AND ME.

Doing business with friends can always be difficult. Many people ask who should you start a business with, or how to start a business. The hardest struggle with starting a business with a friend or family member is identifying the duties and responsibilities of the parties to the business. Don't forget to accurately, and adequately define each party's role in the business.

NOTE: THIS INFORMATION IS PROVIDED PURELY FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES; EVERY LEGAL CASE IS DIFFERENT AND YOU ARE BEST ADVISED TO SEEK LEGAL ADVICE FOR YOUR PARTICULAR LEGAL SITUATION; I'M GLAD YOU LIKE THESE VIDEOS, BUT WATCHING THEM DOES NOT CREATE AN ATTORNEY / CLIENT RELATIONSHIP BETWEEN YOU AND ME.

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Please watch: "10 Legal Issues of Business Owners"
https://www.youtube.com/watch?v=Iw0fL6r2D4Y
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Why do you need a contract lawyer? Why should you pay an attorney for a contract you are going to use once? Well, the hope is that you will utilize a contract on more than one occasion. Every deal you enter into should be defined and documented. Take the time to break down the deal points and get the items on paper.

NOTE: THIS INFORMATION IS PROVIDED PURELY FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES; EVERY LEGAL CASE IS DIFFERENT AND YOU ARE BEST ADVISED TO SEEK LEGAL ADVICE FOR YOUR PARTICULAR LEGAL SITUATION; I'M GLAD YOU LIKE THESE VIDEOS, BUT WATCHING THEM DOES NOT CREATE AN ATTORNEY / CLIENT RELATIONSHIP BETWEEN YOU AND ME.

NOW, MORE ABOUT US: The Contiguglia Law Firm is here to help lead you or your company through unfamiliar situations. I will guide you where I have skill, and provide insight on your case and in your industry. I will help counsel you on avoiding mistakes. I strive to compliment you and your organization and to be approachable on issues that affect you concerning the law and your industry while maintaining a true direction to help you accomplish your goals.

I appreciate that each of my clients, and their respective cases, are unique. As such, I approach each case with individual care and with concern for each client's legal issue. I maintain a tough, smart and aggressive stance when the time is right, all the while maintaining a very personable approach with my clients.

My firm's law practice is broad, covering areas of business law and litigation, criminal defense and personal injury. Yet, we endeavor to maintain effective advocacy for our clients by maintaining communication, being relentless in our positions, and always being prepared.

My firm has the ability to provide unique, original solutions to complicated legal problems. Our skill and insight will help you reach a solution to your case, whether it is a business dispute, a criminal allegation, or an injury received at the hands of another. We are always sympathetic to the needs and best interests of our clients.

I have experience in many facets of business relationships, from drafting contracts to starting up business entities, partnership agreements, operating agreements, mergers and acquisitions, and business sales. In instances where these deals go awry, I help protect my client’s rights and stand up for their position while assisting them with a resolution to best achieve their objectives. My experience with business contracts, intellectual property and other transactions allows me to formulate a unique perspective against general litigators who lack such business experience.

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Please watch: "10 Legal Issues of Business Owners"
https://www.youtube.com/watch?v=Iw0fL6r2D4Y
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What is the jury trial process? When should you consider going to jury trial? Remember, it's always a risk vs. reward analysis. In this video I discuss the jury trial process and pose the concern: If you want to go to jury trial, be willing to lose. If you are, then a jury trial is right for you. If not, then work out a resolution to your case. The jury trial process is always a crapshoot. There are no guarantees.

NOTE: THIS INFORMATION IS PROVIDED PURELY FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES; EVERY LEGAL CASE IS DIFFERENT AND YOU ARE BEST ADVISED TO SEEK LEGAL ADVICE FOR YOUR PARTICULAR LEGAL SITUATION; I'M GLAD YOU LIKE THESE VIDEOS, BUT WATCHING THEM DOES NOT CREATE AN ATTORNEY / CLIENT RELATIONSHIP BETWEEN YOU AND ME.

NOW, MORE ABOUT US: The Contiguglia Law Firm is here to help lead you or your company through unfamiliar situations. I will guide you where I have skill, and provide insight on your case and in your industry. I will help counsel you on avoiding mistakes. I strive to compliment you and your organization and to be approachable on issues that affect you concerning the law and your industry while maintaining a true direction to help you accomplish your goals.

I appreciate that each of my clients, and their respective cases, are unique. As such, I approach each case with individual care and with concern for each client's legal issue. I maintain a tough, smart and aggressive stance when the time is right, all the while maintaining a very personable approach with my clients.

My firm's law practice is broad, covering areas of business law and litigation, criminal defense and personal injury. Yet, we endeavor to maintain effective advocacy for our clients by maintaining communication, being relentless in our positions, and always being prepared.

My firm has the ability to provide unique, original solutions to complicated legal problems. Our skill and insight will help you reach a solution to your case, whether it is a business dispute, a criminal allegation, or an injury received at the hands of another. We are always sympathetic to the needs and best interests of our clients.

I have experience in many facets of business relationships, from drafting contracts to starting up business entities, partnership agreements, operating agreements, mergers and acquisitions, and business sales. In instances where these deals go awry, I help protect my client’s rights and stand up for their position while assisting them with a resolution to best achieve their objectives. My experience with business contracts, intellectual property and other transactions allows me to formulate a unique perspective against general litigators who lack such business experience.

-~-~~-~~~-~~-~-
Please watch: "10 Legal Issues of Business Owners"
https://www.youtube.com/watch?v=Iw0fL6r2D4Y
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