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All small business owners need to be aware of the recent override of the Gubernatorial veto of the Healthy Working Family’s bill by the Maryland General Assembly. The law went into effect this week. ENLawyer Jeremy Eldridge is here to break down the bill in the...
I regularly meet with new clients seeking my "lawyerly" advice on how to start a business in Maryland. Often they immediately want to file for an LLC, open a bank account, and open a shop to start selling XYZ. They want to start businesses as varied as: gas stations...
A business plan works like a roadmap: it keeps you, and everyone involved in your venture aware of the direction, and on the right path. Here, the legal experts at ENLawyers explain the necessity of having a written business plan. A business plan should ultimately...
Passing the reins of the family business to the next generation can be a tumultuous but exciting time. Streamline the experience by considering the following advice from the ENLawyers. Passing down the family business is nowhere near as simple as passing down your...
The holidays are a time met with equal amounts excitement and anxiety by most small business owners. This year, maximize customer experience (and your time spent in the black), by keeping a few key points in mind: Customer as top priority - You’ve heard “the customer...
Turning vision into reality can be far more complex than the development of the vision itself. Entrepreneurs starting small businesses often have an innovative vision, as well as an incredible capacity for creativity. However, they may not be as familiar with best...
Small business owners play many different roles that contribute to the growth and development of their business. While undertaking these various responsibilities, business owners are also required to understand the threats that could cause their business’s ultimate...
When deciding on the legal structure of a small business, it is just as important to consider what protections each offers if the business takes a downturn, as it is to consider ownership rights and how profit is distributed. The legal structure of a business can...
The Defend Trade Secrets Act of 2016 serves to extend protections against trade secret theft to federal jurisdiction. The Act passed unanimously in the Senate and was approved in the House by a vote of 410-2. The new legislation was then signed into law by President...
Every new business must be aware of the legal factors that affect development and operations. For small businesses, these may be influenced by industry type, state laws, and business type, in addition to a number of other considerations. Here, the EN Lawyers discuss...
Small business owners often overlook the need for well-structured contracts, as many of their transactions can be accomplished informally. However, having documentation of business transactions is important for protecting your best interests and preserving the legal...