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Paul Sparks
Jul 31, 20234 min read
How to Remove a Member of an LLC
As a business grows, its ownership structure may change and an owner may need to be removed. Removing an owner of a limited liability...
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Paul Sparks
Jun 16, 20234 min read
What You Need to Know about Buy-Sell Agreements
If you are a business owner, you probably worry about your bottom line, employee retention, and health insurance premiums, but have you...
9 views0 comments


Paul Sparks
Jun 14, 20233 min read
Limited Liability Companies and Form 1099 Reporting
Business owners typically dislike dealing with the tax reporting, filing, and payment requirements associated with running a business. It...
9 views0 comments


Paul Sparks
Jun 12, 20233 min read
What You Need to Know about Severance Packages
Business owners agree that people are the lifeline of a company. The people you hire can make or break your business. Yet as an employer,...
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Paul Sparks
Jun 7, 20233 min read
Five Considerations Before You Use a Payment Demand Letter
As a business owner, it is almost guaranteed that you will encounter some variation of the following scenario: You engaged a client and...
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Paul Sparks
Jun 5, 20233 min read
Risky Business: Piercing the Veil and How It Puts Your Business at Risk
When you create a limited liability company (LLC) or a corporation, the concept of limited liability is one of the key rationales for...
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Paul Sparks
Jun 2, 20233 min read
Considerations for Forming a Limited Liability Company for Real Estate
For individuals who own real estate, it is important to consider the best way to structure your ownership. When you are just starting out...
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Paul Sparks
May 31, 20233 min read
Why Your LLC Needs an Operating Agreement
Congratulations! You have decided to form a limited liability company (LLC) to run your business. After completing your state formation...
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Paul Sparks
May 29, 20234 min read
What Is the Difference between a Limited Liability Company and a Corporation?
When starting a business, a business owner must first choose which type of entity to create. Two of the most popular entity types are the...
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Paul Sparks
May 26, 20234 min read
Asset Protection for Entrepreneurs
Going into business for yourself is a risky endeavor. From investing in goods and services and hiring employees to simply carrying out...
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Paul Sparks
May 25, 20233 min read
Five Types of Risk Businesses Face
Pursuing a business venture naturally involves risk. Eliminating all risk is not an option—there are many factors beyond your control,...
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Paul Sparks
May 24, 20232 min read
Should I Use a Non-Disclosure/Confidentiality Agreement?
Business owners often find it necessary or desirable to keep valuable and sensitive information private. In some instances, a business...
8 views0 comments


Paul Sparks
May 23, 20233 min read
Four Things Business Owners Should Know about Trademark Infringement
Against the backdrop of globalization and the expansion of online business activity, trademark infringement is on the rise. Most elements...
2 views0 comments


Paul Sparks
May 15, 20233 min read
The Dangers of DIY Contracts
Contracts are an essential component of effective business management and development. Savvy business owners recognize the value of...
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Paul Sparks
May 1, 20233 min read
Does Your Website Need a Privacy Policy or Terms of Use?
Conversations about data privacy policies and website terms of use have become more common in recent months. Large companies like...
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Paul Sparks
Apr 28, 20232 min read
How You Can Keep Customer Data Safe
In today’s data-driven world, small businesses often find themselves in possession of sensitive customer data. As the collection of data...
4 views0 comments


Paul Sparks
Apr 24, 20233 min read
What Is an S Corporation and Should I Form One?
Contrary to popular belief, the S corporation is not a distinct entity type. According to the Internal Revenue Service (IRS), an S...
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Paul Sparks
Apr 17, 20233 min read
Security Standards for Businesses That Accept Credit and Debit Cards
According to Total System Services, Inc., 80 percent of the consumers questioned in a 2018 survey responded that they preferred making...
3 views0 comments


Paul Sparks
Apr 14, 20232 min read
Legal Considerations for Social Media Influencers
As a business owner, you may be considering leveraging social media to enhance your business’s engagement and reach. One way to do this...
4 views0 comments


Paul Sparks
Apr 12, 20233 min read
DIY Legal: The Hidden Costs for Businesses
Information is instantaneously available due to the rise of the internet. Additionally, many services that were not available in the...
2 views0 comments
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