THIENEL LAW BLOG
Intellectual Property for Business Owners: A Protective Checklist
Do you know how to protect your rights to your intellectual property? It is crucial that your business has an intellectual property strategy (IP strategy) as part of its business plan.
What Do You Do When Your Business Partner Wants to Break Up?
Business breakups happen. A partnership is, at its core, a relationship between two or more individuals who join forces to pursue a shared business vision. Like any relationship, it’s natural for partners to face disagreements and disputes along the way. Most of the time, these issues are resolved, allowing the partnership to continue.
Three Great Websites to Find Government Contracting Opportunities
Working for the federal government can be very lucrative for your business. The United States government is the largest buyer of products and services in the world. Some contracts offered by the federal government are open to any business that qualifies for that contract while some contracts are limited to certain types of businesses, such as women-owned small businesses.
What is the Difference Between Fractional General Counsel and Traditional In-House Counsel?
Companies that offer fractional business services are growing and thriving in the business world. Many companies are utilizing fractional business services, including fractional legal services. Entrepreneurs quickly realize that they need a team of business professionals to operate their business and make a profit.
How to Close a Business: A Step-by-Step Guide to Dissolving Your Company and Tying Up Loose Ends
You’ve made the difficult decision to close your business. Depending on the company, winding down a business can take several weeks or months. If you have a plan and a checklist for closing a business, it can make the process easier. Our Maryland business lawyer explains how to dissolve a business in Maryland in ten steps.
Single Member LLCs in Maryland: A Comprehensive Guide to Understanding the Benefits and Navigating the Legal Requirements
In this guide, our Maryland business lawyer covers the benefits of setting up a Maryland LLC while explaining the legal requirements under Maryland law you must meet to maintain the benefits of being a Limited Liability Company.
Patents: A Primer
Ideas, processes, and designs have intrinsic value. Protecting that value is crucial for individuals and businesses. Patents protect an invention by granting a property right to the inventor.
Financing Your Business: How Do SAFEs Compare with Other Types of Capital Raises?
Financing your business might seem overwhelming. You cannot grow your startup company without funds. However, what is the best way to finance your business while protecting your company and your personal assets?
Financing Your Business: SAFEs vs. Convertible Notes - Which is Best?
It can be difficult for an entrepreneur to obtain seed money for a new startup. Investors want to see a valuation for the company. However, without initial capital investments, getting the company off the ground to create value might be difficult.
Financing Your Business: How Do Convertible Notes Work?
The convertible note, also called a convertible bond, is a financial instrument that lets its holders exchange them for equity in the company. These instruments are usually issued by corporations and governments to raise capital.
Copyrights: A Primer
United States copyright laws protect an original work of authorship, so the creator has the legal right to control the release, use, and distribution of their creations. If you are unsure whether you need to copyright your material, it helps to understand the basics of copyrights. This primer has answers from our Maryland business attorney to frequently asked questions about copyrights.
Trademarks: A Primer
A common question clients ask attorneys is whether they need to file trademarks for their intellectual property. However, many people are unfamiliar with what trademarks protect, how to register a trademark, or how trademarks benefit their business. Our Maryland business attorney answers these questions in this primer about trademarks.
Top 5 Tips When Selling Your Business
You might know your company inside and out but not know how to start when you decide to sell your business. Not to worry. Here are the top 5 tips when selling your business that could help you avoid making mistakes or having regrets later.
Legal Issues to Consider When Moving Your Business to the Metaverse
When your company ventures into the online world of the metaverse, you will want to plan the expansion of your business carefully so the potential financial rewards do not get offset by some of the various problems inherent in this arena. The first step of your metaverse planning should be to educate yourself on the risks. The second step is to develop a strategy to protect your assets and minimize liability exposure.
Best Practices When it Comes to Crafting Severance Packages
Parting ways with an employee who has been with your company for several years or longer can be unpleasant and uncomfortable. A well-thought-out severance package can soften the blow for the employee and help your business avoid legal claims and a damaged reputation. With the difficulty many industries are experiencing in recruiting, hiring, and keeping top-quality personnel, a fair severance package is necessary to stay competitive.
10 Tips for Growing a Successful Business in 2023
The economy is recovering from the hits it took during the last couple of years when the pandemic turned lives upside down. Despite the uncertainty caused by global events, many entrepreneurs are finding this is a good time to launch or grow their businesses.
The Corporate Veil: How to Establish One and How to Keep One
Business owners need to consider liability protection as a priority when creating a business entity. Creating a separate entity for the business can protect the business owner from personal liability. Our Maryland business attorney discusses the concept of the corporate veil, how to create it, and what happens when a company’s owners fail to maintain the corporate veil. Keep reading to learn more about why you may need to seek legal advice now instead of when your company is sued by a creditor, employee, or another party.
NFTs and Artists: Understanding Intellectual Property Laws in the Metaverse
The metaverse encompasses technologies that once were only possible in science fiction movies. The past two decades have seen an unprecedented increase in e-commerce. The virtual marketplace continues to expand and grow beyond what we thought was imaginable. How we interact with cyberspace has also changed, causing a change in how we protect intellectual property and digital assets.
Top 25 FAQs About Doing Business in Maryland
This collection of Frequently Asked Questions (FAQs) can be a valuable resource if you need a quick answer to a question about starting or operating a business in Maryland. From general business issues to business taxes, employer withholding, business licenses, required reporting, alcohol, and EFTs, here are the top 25 FAQs about doing business in Maryland:
Should Your Company Insist on Vaccinations for Your Employees?
Before requiring employees to get vaccinated, learn about the implications. There are several legal issues to consider when making this decision, such as government mandates and individual rights.