How Does Personal Bankruptcy Impact Your Small Business?
No one ever expects to file for bankruptcy, but for small business owners who are feeling financial strain in their personal life, bankruptcy can represent a fresh start. And while this can be the case, filing for personal bankruptcy is far more complicated when you have a business associated with your name. In almost every… Read more
Why You Should Work With a Small Business Planning Attorney When Starting a New Venture
Starting a new business is exciting and gives you the chance to follow your passions, but there’s more to the process than coming up with a business idea and opening your doors. There are many legal factors you need to consider long before you can start offering your services. The best thing you can do… Read more
The Pros and Cons of Using Non-Compete Agreements in Your Business
Finding ways to protect your business isn’t just a good idea – it’s the best way to set your company up for long-term success. While hiring the right people and investing your profits into your growth and development are great places to start, you still need to find ways to protect proprietary information and reduce… Read more
The Pros and Cons of Merging With Another Company
As a business owner, keeping your company profitable is always a priority. Unfortunately, some businesses may not be successful, and when this happens, many business owners find themselves facing a choice: go out of business or merge with a more successful company. There are benefits and downsides to both, but opting to merge with another… Read more
How to Build a New Business After Filing for Chapter 11 Bankruptcy
Filing for Chapter 11 bankruptcy in Milwaukee can leave you feeling defeated as a small business owner, but it doesn’t have to spell the end of your entrepreneurship journey. In fact, many business owners go on to start thriving companies after learning from the mistakes they made with their previous companies. You just need to… Read more
Is Chapter 11 Bankruptcy an Option for Sole Proprietors?
to pay their routine business expenses each month. For many, bouncing back from these rough patches is possible, but for some, filing for bankruptcy can be the best choice for their personal well-being. When filing for bankruptcy, sole proprietors may want to explore options that allow them to continue running their businesses while paying off… Read more
Choosing the Most Beneficial Formation Structure for Your New Small Business
If you are an aspiring small business owner, know that engaging in small business planning now can help to ensure that your new company thrives once it becomes operational. This process can also help to ensure that your personal risk of liability tied to your company’s success or failure is mitigated if that is a… Read more
Navigating a Risk of Commercial Intellectual Property Litigation
Whether business owners operate within a niche industry or a highly competitive, broad-based area of the marketplace, there are few assets that are more vital to the sustainability of their business model than their company’s intellectual property. Intellectual property gives each company its unique edge and allows it to stand out from competing operations. As… Read more
Protecting Your Company’s Interests Now that Noncompete Agreements Are Under Threat
Recent news that the Federal Trade Commission (FTC) has proposed a ban on noncompete agreements in both private and public employment situations has sent shockwaves through the business community. On the one hand, increasing the competitiveness of the marketplace tends to drive innovation and inspire solid companies to employ even smarter business tactics. On the… Read more