Business Legal Tips

Benefits of A Contract Review Lawyer to Review Business Contracts

Benefits of A Contract Review Lawyer to Review Business Contracts

Business contracts play an important role for every business.   But all too often small businesses use a contract that was downloaded from the internet or copied from some other source. These second-hand contracts are often unsuitable for the specific needs of the...

FinCEN BOI Reporting – A New Headache for Small Business

FinCEN BOI Reporting – A New Headache for Small Business

Does your small business operate or plan to operate in the United States as a corporation?  A limited liability company (“LLC”)?  Or some other entity created by filing a document with the Secretary of State?   As of January 1, 2024, you probably have a new federal...

Reopening a Small Business in Massachusetts

Reopening a Small Business in Massachusetts

Hope everybody is healthy and safe.  Many Massachusetts small businesses that were shut down due to COVID-19 have contacted me about reopening their business.  They are uncertain about when to reopen and what steps to take.   Here is the most recent guidance about...

Small Business Resources For Handling the Coronavirus

Small Business Resources For Handling the Coronavirus

It has been a crazy couple of weeks.  The Coronavirus (COVID-19) is wreaking havoc on many small businesses.  Is your business in need of help?  Or do you know a business that needs help?  Here is the most up to date information that I found (as of March 19,2020 March...

Successor Liability for Sole Proprietors

Successor Liability for Sole Proprietors

Did your sole proprietorship recently acquire all or nearly all of the assets from a corporation?   Think you’re immune from the former corporation’s tortious liability? Watch out! A recent decision from the Massachusetts Supreme Judicial Court found that a sole...

Exceptions to the LLC Personal Liability Shield

Exceptions to the LLC Personal Liability Shield

A primary reason to set up an LLC (limited liability company) is to shield a business owner from personal liability for the debts, obligations and liabilities of the business.  This protection, however, is not absolute. Some notable exceptions to the LLC personal...

Difference Between a LLC and a Corporation

Difference Between a LLC and a Corporation

One question that I constantly hear is:    What is the difference between a corporation and an LLC (Limited Liability Company)?   This is not easy to answer because there are a lot of differences! Below are some of the most important differences.  Governing Law One...

Enforceable E-Commerce Website Terms of Use

Enforceable E-Commerce Website Terms of Use

Does your e-Commerce business website have website terms and conditions or terms of use?   Are they binding on customers who buy from your website? Don't be so sure! A recent case from the Northern District of Illinois highlights some potential problems.  In that...

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