Avoid These 5 Deadly but Avoidable New LLC Mistakes Did you start a new LLC to operate your business? Congratulations. That’s a big step that will improve your credibility, protect you from liability, and even potentially save big on taxes. However, just having an LLC on paper isn’t enough. There are many important steps that you MUST take to make sure that you get the full protection and benefits of your [...]
About Eric HsuEric is an entrepreneur, lawyer, and founder of Clear Focus Law. He devotes his law practice to helping owners grow their businesses, save on taxes, and protect their assets. Using cutting-edge digital tools and an obsessive focus on client experience, he makes top-quality legal advice easily available to small businesses throughout eastern Washington.
The Law on Noncompete Agreements in Washington Changed. Here's What You Need to Know. As a small business owner, noncompete agreements are an important tool. No one can afford to train up an employee, give him access to sensitive company secrets, and risk having him leave to go work for a competitor at the drop of a hat. In Washington state, it used to be that as long as noncompete agreements [...]
Is your liability waiver actually protecting your business? Now's the time to figure it out. Thank goodness there are people brave enough to operate businesses that involve activities with inherent risk. I love paintball, rock gyms and even just my health club, and my kids love the local indoor trampoline park and rollerskating rink, none of which could operate without the use of proper liability waivers. If you run this type [...]
You've decided you need a business contract for your service business. After all, you want to make sure you get paid. So you take some liberties in borrowing one from one of your competitors. Or you just Google it and do your best to put one together. Better than nothing right? Wrong. Your bootlegged business contract can definitely be worse than nothing and using it can definitely blow up in your [...]
Picking the right legal advisor for your small business is a critically important decision. Here are some reasons you might have the wrong business lawyer. Hopefully they will also help you on the front end: when you are trying to find the right lawyer for your business. So, in Jeff Foxworthy style, you might have the wrong business lawyer if: 10. The advice you receive is always too conservative. Being naturally risk averse, [...]