What is an Operating Agreement? An Operating Agreement is a contract between the members of an LLC which serves as the LLC’s governing document. The Operating Agreement outlines voting and ownership percentages, delegates authority to specific managers or members, and determines how distributions of profits and losses, and transfers of interest may occur, among other…
Business formation Before you start your new brewery, you should consider the different types of business structures under which your brewery could operate. There are several different forms of businesses such as Sole Proprietorships, Partnerships, Limited Liability Companies (LLCs), and Corporations. Before you start your brewery you should determine which structure is best for your…
Choosing a trademark can be one of the most exciting parts about building your business. Your trademark should represent your brand and identify your company as the source of your brand’s goods or services. It is important to choose a strong trademark which will offer greater protectability and less risk to potential infringements and challenges.…
Halloween is almost upon us, and as it approaches, trademark owners must be alert of something especially frightening. Recently, our firm has received another scam letter for trademark renewal fees. The letter, which says it was sent from the “Patent & Trademark Bureau,” is requesting for us to pay a $925 renewal fee for our…