Contracts are essential for protecting small businesses, customers, employees and many others. Whether for employment purposes or for detailing business transactions, contracts should protect everyone involved. Unfortunately, contracts are sometimes called into question. This aspect of small business law can be extremely frustrating.
Utilizing unique designs, logos, names and symbols helps set small businesses apart in a world where technology is often vying for customers' attention. Wisconsin business owners often trademark these unique aspects of their company, but that does not necessarily stop other people from infringing on those trademarks. Here are a few things some business owners might find important about trademarks and small business law.
Virtually no one in Wisconsin particularly enjoys tax season, but these feelings may be especially pronounced among small business owners. Filing taxes can be a time-consuming and confusing task for entrepreneurs and those who run their own businesses. The whole process might seem even more confusing since the implementation of the Tax Cuts and Jobs Act of 2017, so here are a few ways in which those changes affect small business law.
Nonprofit organizations perform many essential functions and services for disenfranchised individuals in Wisconsin. In order to better serve their communities, many nonprofits focus on achieving tax-exempt status, which allows them to operate without worry of shelling out their donated funds during tax season. However, to become tax-exempt, an organization must first qualify under one of five categories.
As a small business owner in Wisconsin, protecting yourself and your business interests during litigation is important. In some instances, litigation may not even be the necessary consequence of a dispute. Whether you need to prevent impending litigation by diffusing a dispute or are currently in the throws of complicated legal actions, you need someone who is experienced in small business law on your side.
Entrepreneurs embarking on their first startup experience might expect to spend more time on the creative aspect of their businesses and less on the nitty-gritty legal side of things. However, any time that a person starts a business in Wisconsin he or she will need to deal important issues pertaining to small business law. This includes writing comprehensive and enforceable contracts.
There are few things in life more satisfying than starting your own business. Unfortunately, there are also few things that are more complicated. From the initial idea to business formation and contracts, suddenly every decision is on your shoulders. Like most business owners in Wisconsin, you probably realize you need help navigating the world of small business law.
Nothing can derail your output and efficiency quite like a business dispute. If the dispute drags on for too long or is serious enough, it might even lead to litigation, which can be costly and time consuming for Wisconsin professionals. When dealing with this type of issue, understanding how business law applies is important for achieving the most favorable outcome possible.
Owners of Wisconsin small businesses with few employees may feel it is superfluous to have an employee handbook. After all, the atmosphere is often less strict, and the employees have access to the owner if questions should arise. However, business advocates recommend that employers of even a single worker would reduce the potential for business law disputes by providing their employees with clear guidelines and expectations through an employee handbook.
Starting a new business is an exciting venture for Wisconsin entrepreneurs. From developing products and services to designing a logo, the whole experience can be an exercise in creative strategy. However, many entrepreneurs fail to address an important aspect of their new venture in a timely manner -- their business structure. Understanding which structure will net the most benefits under business law is key to finding entrepreneurial success.