At its heart, a contract is nothing more than a series of promises. While agreements to perform and compensate are hallmarks of a contract, other lesser-acknowledged promises, known as representations and warranties, set standards for performance and allocate risk. In this article, we will discuss the indispensable warranties you should demand in any vendor agreement. […]
[bctt tweet=”With more than 3 million trademarks currently registered with the USPTO, that is a large minefield to navigate; and new names are imagined and reserved daily.” username=”drosslaw”] Creating the right name for your business website is a challenge in itself. You want your name to be memorable, easily pronounced and spelled, brief and, perhaps […]
WHAT IS A DBA? A “Doing Business As” registration – also known as a DBA, trade name, fictitious business name, or assumed name – is a useful and sometimes necessary tool for conducting business. A DBA allows a company to operate under a name other than its true legal name, which may not be desirable […]
In our last blog series, we explored the advantages and disadvantages of many common types of business formations and found a trend among them: the most popular forms offered limited liability – that is, legal and financial liability that is limited to what is invested in or integral to the operation of the business. This […]
In our last blog entry we discussed limited liability companies, with an emphasis on the ease of use that many small businesses find appealing. Yet there are circumstances where a company may value structure and accountability over functional agility – consider a business that is eying entry into the heavily-regulated stock market, or one where […]
Millions of entrepreneurs choose to start their new business as a limited liability company. Without being hyperbolic, LLCs are generally the superior entity form for most for-profit small businesses in terms of flexibility and functionality. LLC laws really do cherry pick from the best of other business formations; the limited liability status of a corporation […]
Pitfalls of Partnership Let me first say that, perhaps with the exception of limited liability partnerships, the partnership relationship is an outdated, inefficient, and extremely risky type of legal entity. So why write about it at all? Because unlike other, more beneficial legal forms, you can enter into a partnership quite unwittingly. A partnership can […]
We’re all entrepreneurs at heart. We understand the value of addressing a consumer’s pain point, of developing a market based on that premise and staking claim to our share of that market. The macrocosm of business looks like a seamless, fluid thing – until we attempt to harness its power for ourselves. Where too many […]
It’s been an exciting few months watching DR&A grow. Our website launch is just another mark in a year full of milestones, so thank you for visiting and helping us celebrate. As I write this post, I’m looking out the window of the new Lakewood office and I see storefronts hanging “Open” signs and hear […]
