You’ve made the difficult decision to close your business. Depending on the company, winding down a business can take several weeks or months. If you have a plan and a checklist for closing a business, it can make the process easier. Our Maryland business lawyer explains how to dissolve a business in Maryland in ten steps.

In this guide, our Maryland business lawyer covers the benefits of setting up a Maryland LLC while explaining the legal requirements under Maryland law you must meet to maintain the benefits of being a Limited Liability Company.

Ideas, processes, and designs have intrinsic value. Protecting that value is crucial for individuals and businesses. Patents protect an invention by granting a property right to the inventor.

Financing your business might seem overwhelming. You cannot grow your startup company without funds. However, what is the best way to finance your business while protecting your company and your personal assets?

It can be difficult for an entrepreneur to obtain seed money for a new startup. Investors want to see a valuation for the company. However, without initial capital investments, getting the company off the ground to create value might be difficult.

The convertible note, also called a convertible bond, is a financial instrument that lets its holders exchange them for equity in the company. These instruments are usually issued by corporations and governments to raise capital.

United States copyright laws protect an original work of authorship, so the creator has the legal right to control the release, use, and distribution of their creations. If you are unsure whether you need to copyright your material, it helps to understand the basics of copyrights. This primer has answers from our Maryland business attorney to frequently asked questions about copyrights.

A common question clients ask attorneys is whether they need to file trademarks for their intellectual property. However, many people are unfamiliar with what trademarks protect, how to register a trademark, or how trademarks benefit their business. Our Maryland business attorney answers these questions in this primer about trademarks.

You might know your company inside and out but not know how to start when you decide to sell your business. Not to worry. Here are the top 5 tips when selling your business that could help you avoid making mistakes or having regrets later.

When your company ventures into the online world of the metaverse, you will want to plan the expansion of your business carefully so the potential financial rewards do not get offset by some of the various problems inherent in this arena. The first step of your metaverse planning should be to educate yourself on the risks. The second step is to develop a strategy to protect your assets and minimize liability exposure.

Parting ways with an employee who has been with your company for several years or longer can be unpleasant and uncomfortable. A well-thought-out severance package can soften the blow for the employee and help your business avoid legal claims and a damaged reputation. With the difficulty many industries are experiencing in recruiting, hiring, and keeping top-quality personnel, a fair severance package is necessary to stay competitive.

The economy is recovering from the hits it took during the last couple of years when the pandemic turned lives upside down. Despite the uncertainty caused by global events, many entrepreneurs are finding this is a good time to launch or grow their businesses.

Business owners need to consider liability protection as a priority when creating a business entity. Creating a separate entity for the business can protect the business owner from personal liability. Our Maryland business attorney discusses the concept of the corporate veil, how to create it, and what happens when a company’s owners fail to maintain the corporate veil. Keep reading to learn more about why you may need to seek legal advice now instead of when your company is sued by a creditor, employee, or another party.

The metaverse encompasses technologies that once were only possible in science fiction movies. The past two decades have seen an unprecedented increase in e-commerce. The virtual marketplace continues to expand and grow beyond what we thought was imaginable. How we interact with cyberspace has also changed, causing a change in how we protect intellectual property and digital assets.

This collection of Frequently Asked Questions (FAQs) can be a valuable resource if you need a quick answer to a question about starting or operating a business in Maryland. From general business issues to business taxes, employer withholding, business licenses, required reporting, alcohol, and EFTs, here are the top 25 FAQs about doing business in Maryland:

Before requiring employees to get vaccinated, learn about the implications. There are several legal issues to consider when making this decision, such as government mandates and individual rights.

Are you a Maryland entrepreneur looking to start or grow your business? If so, it's important to understand the basics of business terminology. In this blog post, we'll define 15 basic terms every Maryland entrepreneur should know. By understanding these terms, you'll be able to communicate more effectively with your accountant, Maryland business lawyer, and other professionals who can help you grow your business.

The Maryland Business Express is a valuable free resource that our state provides to help entrepreneurs plan, start, and manage their businesses. You can find useful information whether you want to start or grow a home-based business, buy an existing business or franchise, or open a branch office in Maryland for your out-of-state business.

Members of a limited liability company in Maryland enjoy certain financial protections, the most important of which is that people cannot sue them and take their personal assets, such as their home or bank accounts, to satisfy judgments against the limited liability corporation. As with many legal concepts, however, there are exceptions to this general rule.

Learn how to keep track of your business income and expenses, evidence for tax returns, where you should store records, the best ways to organize receipts so they are easy to find later.