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In Business & Profiting in Midcoast Maine

business law tips from Camden Maine business lawyer
“because your business is your estate”

Can Your Maine Small Business Write Off Bad Debts?

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?

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.
What is the Difference Between a Maine LLC and a Maine LLP ?

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

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.
Record Keeping for Your Maine Business: What’s Required?

Record Keeping for Your Maine Business: What’s Required?

Whether you are just starting up a new Maine company or have a business that has been in operation for a while, good record keeping is an essential part of running your business. You are responsible for establishing an effective system to store and maintain your business records whether your small business is a sole proprietorship, partnership, LLC, or corporation. Some types of records will help you to keep track of business details and plan for your business’s future, but others are required by law. Here are some of the records your business may be legally required to keep.

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