THIENEL LAW BLOG

Business Law Topics
Tax Law Topics
Estate Planning Law Topics
Elder Law Topics
All Topics
Business River Business River

NFTs and Artists: Understanding Intellectual Property Laws in the Metaverse

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.

Read More
Business River Business River

Top 25 FAQs About Doing Business in Maryland

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:

Read More
Business River Business River

15 Basic Business Terms Every Maryland Entrepreneur Should Understand

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.

Read More
Business Formation, Business Stephen Thienel Business Formation, Business Stephen Thienel

The Only Wrong Answer is 50/50: Calculating The Co-Founder Equity Split

Many founders assign equal equity splits before any measurable investment of time, energy, or money into the start-up. Often, early and equal equity splits presume to avoid later tensions and future disagreements among founders while creating a clear path for moving onto other operational decisions. While there are various ways to calculate the co-founder equity split, the only wrong answer is a hasty 50/50 split.

Read More

Seven Steps for Winding Down Your Business

The first step in winding down your business is deciding it is time to close. For some business owners, deciding to close can be the hardest step in the process of exiting a business. Each business is unique. Once you decide to wind down your business, consulting with a Maryland business attorney can help ensure you take all necessary legal steps to close your business.

Read More

Start-Ups 201 - What Should We Include In Our 2020 Corporate Policies and Procedures?

Your corporate policies and procedures govern numerous aspects of how your company operates and conducts business. The policies and procedures that your company develops protect your company, but they also protect the company’s employees, customers, and clients. Below are eight business matters that generally benefit from well-developed policies and procedures.

Read More
Business River Business River

Everything You Wanted to Know About the EIDL Program in 2020

The Economic Injury Disaster Loan (EIDL) is a federal economic relief program for small businesses and nonprofit organizations if the current global pandemic of COVID-19 is causing them to lose revenue temporarily. Many companies and organizations are not allowed to do business as usual, if at all. This loan program provides funds that can cover rent, utilities, health care benefits, and fixed debt payments, as well as many other types of ordinary operating expenses.

Read More