Embarking on the journey of starting a business in Rhode Island is an exciting venture, but it requires careful planning and adherence to legal requirements. Understanding the necessary documents and […]
Continue reading…Considerations When Naming Your Business
When starting a business, the name is everything. A business’s name conveys its purpose and its culture, can act as a marketing tool, and provide many other keys to success. […]
Continue reading…Operating a Home-based Business
For many entrepreneurs, a home-based business is a necessity as the costs are simply too high to rent a separate office or area. Many small business owners find that working […]
Continue reading…Force Majeure in Contracts
Force majeure is a legal term that many are familiar with, but few understand. In law, force majeure is often claimed as an excuse for breaching a contract following severe […]
Continue reading…Partnership Agreement Basics
Partnerships are a common business structure in the US because they do not require a formal agreement; rather, partnerships begin when two or more persons engage in a business enterprise […]
Continue reading…Understanding the Difference Between a Share Sale and an Asset Sale
There is more than one way to buy or sell a business or transact in real estate. When transacting, there are two options: share sales and asset sales. An experienced […]
Continue reading…Insurers and Small Businesses Across the U.S. Have a COVID-19 Coverage Problem, and Lawsuits Are Not the Solution They Need
By Kayla S. O’Connor, Esq. Insurance Litigation Attorney at PALUMBO LAW April 30, 2020—You might have heard the phrase “business interruption coverage” in the news lately, as small businesses all […]
Continue reading…What Is A Joint Venture Agreement (“JV”)?
There are several types of business organizations that are recognized by the law as a legal entity. This includes an individual (a natural person or individual proprietorship), corporation, partnership, limited […]
Continue reading…An Overview of Common Start-Up Costs
Starting a new business is an exciting time. For serial entrepreneurs, starting a new business is often more routine because they have developed a system from their prior ventures. For […]
Continue reading…Small Business Money Management: Three Healthy Financial Habits
Small business is the cornerstone of the American economy. Despite the press coverage that large companies receive for setting new market capitalization highs, or for causing a stir about where […]
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