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...
Salt Lake City Business Law Blog
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...
Should I create a trust for my business?
If you are a business owner, it is likely that your business is one of your most valuable assets. You may be sentimental toward your business - you will want it to be your legacy after your lifetime and to continue to thrive. Therefore, when planning your estate, it's...
Your non-compete agreement is there to protect you, so enforce it
When you work with new employees, one thing you may want to add to your employment contract is a non-compete agreement. A non-compete agreement is beneficial for your business in many ways. It helps you protect your own interests and prevents your employees from going...
The different types of construction defects
If you have recently had renovations performed on your home, you likely invested a considerable amount of money and emotion into the project. You will have needed to pay contractors and trusted them to carry out the work in a competent way. You may have also had to...
Defending against title claims on a property your company insured
Quite a few people think of title insurance as a scam, but as a business that works in the real estate or title industry, you know better. Title insurance protects property owners and financial institutions against potentially devastating claims against their title or...
Is your company properly classifying its contractors?
Your company's employment contract will include important information that dictates how you relate to your staff during and after their employment with your company. These contracts outline the terms of employment, benefits, compensation and expectations for...
Defending against claims of a construction defect
Construction defects are a risk on any project. It’s why you go out of your way to hire people you trust to do the work, and do it well. Even so, your business may face the occasional claim of a construction defect. If that happens, don’t panic. There are many ways to...