Non-compete agreements are standard for many businesses and industries to protect trade secrets and intellectual property. In Ohio, a non-compete agreement is only enforceable if it meets the state’s requirements. Ohio law states that the applicable term cannot exceed...
Salt Lake City Business Law Blog
Should I file for an LLC?
Forming a limited liability company is a crucial step for many small businesses. Rather than continue as a sole proprietorship, an LLC helps you avoid liability and pay taxes as a company rather than an individual. Utah residents may file for an LLC with the Utah...
What is a mechanics lien?
When two parties enter into a work agreement, everyone expects a good outcome. Unfortunately, this does not always happen for many different reasons. If a contractor or a supplier does not get paid for work they did on a Utah construction project, they can file a...
3 common issues landlords have with commercial tenants
A number of unique and complex situations can arise when a landlord leases out a space to a commercial tenant. The relationship a landlord has with a business owner on their property is very different than that of a typical residential tenant. Landlords can resolve...
How would a lawsuit affect the well-being of your new business?
Setting up and operating a new business takes all the time, energy and devotion you can muster. Hard work brings gratifying achievements, but what happens if a lawsuit arises? How do you protect yourself and your new company? Personal liability It is important to...
Antitrust laws prevent gig workers from organizing
As more companies turn to the gig economy for help, workers are attempting to secure higher pay and better working conditions by organizing and protesting. However, existing U.S. antitrust law may stand in the way. How does antitrust law impact the gig economy?...
Structures for your business
Utah is booming right now. It's become a preferred location for young people who have an education, a skill and a vision for the future. All of these entrepreneurs have a great idea. But sometimes, it's not only the product or service a business offers that accounts...
Common lawsuits and how to avoid them
Utah small businesses do the best that they can to stay out of the courtroom. While some court cases are inevitable, others happen because the business has been lax in its compliance practices. Some cut corners and end up paying a price. Here are some ways that your...
How is an LLC treated by the IRS?
One of the most common and popular business structures in Utah is the limited liability company, also termed as an LLC. While there are multiple operational benefits, one reason they are established is for taxation purposes. The company can have as many members as...
What is wrongful termination?
Utah is an “at-will” employment state. This means that, generally speaking, either an employer or an employee may terminate their working relationship at any time, for any reason, or no reason at all. However, this doesn’t necessarily give business owners carte...