Richard E. Holiman

Business Law Information

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Welcome to our Business Law Tips & Tidbits Page.

Here you will find brief comments about new issues and pitfalls to avoid in various aspects of business .  Check back often.

Non-Competition Agreements: Also known as Covenants not to compete, these agreements are often used in business practices where sales staff, or employees by virtue of their employment are provided access to information that may be considerable valuable to other businesses.  Their are certain pitfalls to avoid such as overly broad geographic restrictions, and time contraints that are too long for the type of information being protected. 

Non-Disclosure Agreements:  Do you have a hot business idea that you need to disclose to another party for any reason? Finances?  Engineering? Programs or marketing assistance.  Are you worried that should you disclose your idea that it could be taken and turned into a profitable venture for themselves?  Consider obtaining a Non-Disclosure Agreement before you discuss your idea with anyone you have a concern about.  These agreements may be well worth the investment to protect your investment in turning your ideas into reality. 

Entertainment Contracts: Whether you are an artist or artistic manager, an actor, athlete or musicial performer,  your talent is your asset.    This multi-billion dollar industry evolves in an instant and you talent lies in your creativity and abilities.  Your image, your creativity, your talent, and your abilities need to be protected.  Management companies, contracts, television agreements, record deals, copyrights and all issues which you should address before venturing out into the dog-eat-dog world of the entertainment industry.   

Real Estate: For most of us, the purchase of a piece of real estate will be the single largest investment we ever go into in life.  There is much more involved to the purchase then simply obtaining a deed. Construction issues, renovations, code enforcement, hidden and lundisclosed defects could be issues that you will face in in new residential or commercial acquisition.

Business Formation: Which entity is right for you?  Sole-proprietorship? Partnership, Limitied Liability Company, C-Corporation, S-Corporation. And these are but a few. Choosing the right business entity is critical.  Owning and operating a business involves more than just opening your doors and selling a product or service. There are critical factors you should consider in determining what is right for you: your risk exposure litigation, personal asset protection, tax considerations, employees, litigation, contracts and many othre issues are best addressed before they become a problem.  There is truth in the expression "an ounce of prevention beats a pound of cure." Incorporate legal decisions in your affairs before legal issues govern your business.

MORE TIPS AND TIDBITS WILL BE ADDED SOON.  Check back often!!!

 

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