Article written by Brian H. Cole, Associate Attorney, Chase Law Group, P.C. Have you ever considered looking into buying a franchise? There are many attractive aspects of this particular business model. Generally speaking, a franchise has an infrastructure already established to help owners and managers run the day-to-day operations, plus a known franchise has built-in brand equity. These are huge benefits for a business owner. On the other hand, like any business, there is a considerable amount of work, employee management, customer service and marketing efforts that the owner or manager will still need to take on and often follow... READ MORE
Solid legal structures, which include a business entity and customized contracts, are essential for business success. There are several types of business structures in the U.S. Each structure has different tax, income, and liability implications for businesses owners and their companies. Accountants are a good resource when determining the type of business entity. Sole Proprietorship Sole proprietorship is the simplest organizational structure available for businesses. A sole proprietorship is just a single person who does business through a fictitious business name. Businesses that typically form sole proprietorships are home-based businesses, shop or retail businesses, and one-person consulting firms. Partnership A... READ MORE
Pregnancy and Family Leave for Small Employers
By Jacqueline Schock October 24, 2019 Category: Business Law
By Jacqueline Schock Each state handles pregnancy and parental leave protections differently, and California has among the most robust collections of these laws. Some well-known federal laws (such as the Family Medical Leave Act) and state laws (such as the California Family Rights Act) set out requirements for larger employers in relation to their pregnant employees and their employees with families. Though these more well-known laws generally apply only to larger employers, there is some pregnancy and parental leave legislation that applies to small employers as well. As this post discusses, two of the most common forms of parental leave... READ MORE
Key items to make sure are in your business property lease
By DeAnn Chase September 13, 2019 Category: Business Law
Whether you’re opening a new business in its first location, moving, or expanding, you’ve probably put a lot of thought into the location, building, and unit you’ve chosen. Before you receive a business lease to review, you’ve probably toured many options and spent a lot of time negotiating with the property owner. While you may be tempted to think you’ve already negotiated all the important details and that you can proceed with executing the document, it’s important to take time to carefully review the lease with an experienced real estate attorney, who can help negotiate the lease terms which can... READ MORE
Terms You Should Make Sure to Include in Your Consulting Agreements
By DeAnn Chase July 18, 2019 Category: Contracts
Consulting agreements are like most other agreements for services—they create the terms under which a consulting company will provide said consulting services to its clients. Consulting services can run the spectrum from code audits to financial advising to site selection to staffing, and the agreements should be customized to reflect the nuances of each different business. Beyond the usual contract clauses, and beyond the clauses that should be customized by your attorney to reflect the specific nature of your business, there are a few provisions most consulting agreements should make sure they cover. Scope of Work: Clearly defining the scope... READ MORE
Five Common Contract Clauses and Why They’re Important
By DeAnn Chase December 07, 2018 Category: Business Law
Contracts are a core part of running a company. From formalizing a partnership to hiring employees to selling your product, even down to hiring a plumber to fix your office bathroom, contracts determine the details of how your business does business. Because contracts are so integral to running a company, having experienced corporate counsel who you can reach out to for help with your basic contracts (and who can answer questions about new contracts when they arise) is incredibly important. Though the contracts you’ll run into over the years will be remarkably diverse, they all tend to include a few... READ MORE
Why (and How) You Should Craft a Buy-Sell Agreement
By DeAnn Chase November 09, 2018 Category: Business Law
Whether you’re starting out with partners or considering adding new people to the ownership structure of your already-successful business, one document you want to make sure you have in place is a buy-sell agreement. An incredibly common source of lawsuits is partnership disputes, and these often arise when someone decides that they want to leave the business. Having a buy-sell agreement in place will ensure that you’re not blindsided when something like this happens. Why You Should Have a Buy-Sell Agreement in Place It’s a common enough story. Two friends know that they work really well together, and they decide... READ MORE
Can a Text Message Create a Legally Binding Contract
By DeAnn Chase November 05, 2018 Category: Business Law
With the prevalence of cell phones, work is increasingly being conducted by and through text messages; for many people, this may even be their preferred form of communication! Texts can be used when setting up coffee or lunch meetings, hashing out details of a plan, checking in with your independent contractors to see if they’re available to help with a project quickly, arranging for a digital influencer on social media to promote your business and products, and to confirm the details of a potential sale! This all begs the question of whether a text message can create a legally binding... READ MORE
Contracts form the foundation of all business. A business uses contracts to form a relationship with its suppliers, contractors, customers, and employees, which act as an assurance that what it has asked for will be completed and that products purchased will arrive in time and perform as advertised. A contract is fundamentally an agreement between two or more parties that’s legally enforceable. However, a contract does not have to be written in order for it to be enforceable by law. Contract Basics In order to create a valid and enforceable contract, there must first be a mutually recognized offer, clear... READ MORE
Child Safety Online: Running Websites Aimed at Children
By DeAnn Chase January 08, 2018 Category: Business Law
You might not realize this if you don’t have children, but web content is popping up aimed specifically at entertaining, engaging, and marketing to children. Today’s kids can navigate a tablet before they can talk and online businesses are targeting this demographic (and their parents) to educate and market. You can’t buy a kids meal at a fast food restaurant without the toy including an online game or component and YouTube channels with millions of views are popping up where the video is nothing but adults playing with toys or playing video games. To promote child safety online, there are... READ MORE