In Business & Profiting in Midcoast Maine
business law tips from Camden Maine business lawyer
“because your business is your estate”
6 Key Considerations for Passing Down a Maine Family Business
You have invested a lot in making your business a success, and it is hard to think about relinquishing ownership or control of it. Nevertheless, planning is critical in creating a lasting legacy for your family. We can help you put a plan in place that helps you successfully pass your business on to the next generation and ensures that you have a financially secure retirement
Important Upcoming Deadlines for Your Maine Business
We will help ensure that your business meets all the applicable deadlines for taxes, state-mandated reports, and licenses and permits. Learn the upcoming deadlines for your Maine business.
Can Your Maine Small Business Write Off Bad Debts?
If your small Maine business has suffered losses because of bad debts, and you are wondering if you may be entitled to write them off, we can help you navigate the applicable tax rules to minimize your tax liability, as well as provide guidance about steps you can take to avoid losses from bad debts.
How Do I Change My Business Structure In Maine?
As your small business expands and evolves, it may make sense to consider changing its structure. Many small businesses start out as sole proprietorships or partnerships, with only one or two owners and no employees. Over time, as your business grows and changes.
The Personal Guarantee: 5 Ways Maine Small Business Owners Can Reduce Their Liability
Lenders are likely to include terms in loans provided to Maine Small Businesses to extensive personal liability. It is essential to seek legal counsel to explain the full ramifications of a personal guarantee before you sign on the dotted line.
What is the Difference Between a Maine LLC and a Maine LLP ?
The factors discussed in this blog post are only a few of the important considerations relevant to choosing the right structure for your business. The decision about which type of business entity to form is a complex one that will depend on your particular circumstances and the goals you seek to achieve.
Non-Competition Clause for your Maine Business
f you are interested in protecting your new or existing LLC, we can help you draft or amend your operating agreement to include key provisions such as a non-compete clause, as well as others specifically tailored to meet your business’s needs.
Employment Eligibility Verification. What Maine Employers Need to Know about the I-9
All employers, including small businesses, are required to complete and retain a Form I-9 Employment Eligibility Verification for every person they hire to work inside the U.S. for pay or any other type of compensation. Failure to comply could result in severe penalties.
Should I Use an LLC or an S Corporation for my New Maine Business?
Each business has its own set of circumstance to consider. Don’t go it alone. We are here to discuss how to properly structure, form, and protect your business.
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