As a small business owner, you are subject to the same regulations as large corporations. Even if you are starting out on a small level and planning to grow, you must comply with business laws and regulations from the day you open for business. These regulations include many different areas of the law.
Our firm is an active member of the Business Exit Advisors of Central Pennsylvania
You have a great product or service to sell, and you are anxious to begin promoting it to potential customers. To make sure the claims you make about your offerings are truthful and to protect consumers, all businesses have to comply.
Employment and Labor Law
Bringing employees on board to work in your business is an exciting milestone. You’ll want to ensure that you are conducting employment processes in accordance to the laws.
Healthy markets—where business can thrive—depend upon fair and open competition. In order to protect the financial interests of small businesses and individual investors, antitrust, bankruptcy, and securities laws exist to ensure a fair playing field for the small business owner.
If you have a great idea, invention or trade secret, you need to protect it. This can be done by applying for trademarks, copyrights and patents, all of which involve a legal process.
Online Business Law
Doing business online can literally open your business to a world of potential customers. It can also expose your business to legal and financial liabilities, particularly in the areas of privacy, security, copyright and taxation.
Uniform Commercial Code
If you are conducting business transactions outside of your state, such as borrowing money, leasing equipments, establishing contracts and selling goods, you need to comply with the Uniform Commercial Code (UCC).
Doing business today is complex. What form of organization should I use? What are the legal concerns of hiring employees? What is the tax impact if I do business or a corporation versus a partnership? Should I lease my place of business or buy it under installment sale? Should I implement a profit-sharing plan? Do I need employment contracts with my employees? Am I bound under the non-compete agreement with my former employer? What intellectual property have I created and what do I desire to protect to make my business both unique and competitive?
Reese, Samley, Wagenseller, Mecum & Longer, P.C. is here to answer these questions and many others that you, as a business owner, may have. From soups to nuts, we will help you from the point of starting your business through the development and growth stages. We will advise you on employment, real estate and contractual issues that arise daily in your business.