Small Business

What Freelancers Need to Know About LLCs

Kansas City freelancers don’t have to create an LLC for their business, but there are many reasons they should consider doing so. We’ll look at five of those reasons in this post. Limited Liability As the name suggests, a “Limited Liability” Company creates limited liability for its owners – this means the owners are [...]

By | September 30th, 2016|Freelancers, Small Business, Startups|

How to Decide Whether to Hire an Employee or a Contractor

When hiring for your business you should carefully consider whether you need an employee or independent contractor because the differences are really important. If you hire an employee you will have more control over their work and performance, but you'll pay more to the government and have more administrative work. If you hire a contractor, you lose some [...]

By | September 26th, 2016|Contracts, Employees/Contractors, Freelancers, Small Business, Startups|

Non-Compete v. Non-Solicitations – Differences You Should Know

Non-compete and non-solicitation terms are often misunderstood. And regardless if you are running a small freelance business or a high-growth startup, you need to understand the differences between these restrictive covenants. Key Differences A non-compete agreement is a restrictive covenant that prevents an employee from terminating her employment and opening or working for a [...]

By | September 21st, 2016|Contracts, Employees/Contractors, Small Business, Startups|

Don’t Make This Common Mistake When Signing Contracts

Among the benefits of operating your startup or freelance business as a Limited Liability Company or Corporation is the limited liability for the company's owners. Limited liability means the company's owners will not be personally liable for the debts, obligations, and liabilities of the company. As a result, even if your company loses a lawsuit, your [...]

By | September 19th, 2016|Contracts, Freelancers, Small Business, Startups|

Hiring an Attorney 101

There are more than 1.3 million attorneys in America and 40,000 new law school graduates each year. So how do you pick the right one for you? In this post we’ll help you identify how to choose the right attorney for you, how attorneys charge for their services, and share our “right attorney at the [...]

By | September 16th, 2016|Freelancers, Opinion, Small Business, Startups|

Intellectual Property 101 – Copyrights, Trademarks, Trade Secrets & Patents

Intellectual property is among the most valuable assets for many businesses today, especially for startups. That's why it is important that you understand the basic elements of IP law. In this post, we'll explain the four main types of intellectual property and what you should know about each. Copyright When you create works such as art, music, [...]

By | September 15th, 2016|Freelancers, Intellectual Property, Small Business, Startups|

Contract Law 101 – What is a “Contract”?

"Don't talk to me about contracts, Wonka, I use them myself. They're strictly for suckers." - Sam Beauregarde Sorry Sam, you're wrong. Contracts are very beneficial to businesses of all sizes. When you negotiate a contract, it forces you to think through your deal more thoroughly. Further, if a dispute arises, they can help the parties identify [...]

By | September 14th, 2016|Contracts, Freelancers, Small Business, Startups|