Author Archives: Howard C. Stross

I’m Starting a New Business – Should I Form an LLC or a Corporation?

September 19, 2018 by

Entrepreneurship has been called the new American dream. Starting a new business starts with an idea that develops into a business plan, but not without careful financial and legal considerations. Among the decisions that new business owners grapple with ...

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5 Steps to Take When Winding Down Your Business

August 1, 2018 by

There are many reasons business owners close shop, including retirement, starting a new venture or, I hope, because they won the lottery.  No matter what the reason, it’s important to carefully wind-down a business before moving on.

Here are ...

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Laws, Rules, & Regulations That May Not Apply To Small Businesses

July 24, 2018 by

Many laws, rules, and regulations govern businesses and their employees. A small business, however, may be exempt from one or more of them depending on its number of employees. For example:

  1. Discrimination Laws. Small businesses may be exempt ...
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Are Your Trade Secrets Really Safe? 4 Steps To Safeguard Your Competitive Edge

July 11, 2018 by

A trade secret is a piece of information which is confidential, can be legally protected, and gives your company a competitive edge. Many of the most famous examples involve recipes: the formula for Coca Cola, McDonald’s Big Mac “secret ...

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