Understanding the Commercial Lease

Business people should know that certain rights that are available to residential tenants are not available to commercial tenants.  Commercial tenants are presumed to be sophisticated and not requiring as much protection from the law. Also, Landlord's typically have the leverage in the commercial lease deal, so it is even more important that the commercial tenant take steps to protect its interests.

Before collaborating, consider that absent a well-drafted, comprehensive, Collaboration Agreement, your investment will be at substantial risk.  Here are some important issues that should be addressed in a well drafted Collaboration Agreement.

Collaboration Agreement Checklist

Before collaborating, consider that absent a well-drafted, comprehensive, Collaboration Agreement, your investment will be at substantial risk.  Here are some important issues that should be addressed in a well drafted Collaboration Agreement.

BUILDING A BUSINESS IS LIKE BUILDING A HOME.

Building a business is like building a home.  You would not use drywall to support a home, because it would not survive the elements (rain, storm, etc.) and would result in a loss of substantial investment.  Similarly, contracts are support beams for businesses.  If you don't utilize solid comprehensive business contracts, the business investment is at substantial risk.

Business Lawyer, Trademark Attorney

and Executive Contract Lawyer

Michelle DelMar, Esq.

SMALL BUSINESS LAWYER, TRADEMARK ATTORNEY

AND EXECUTIVE CONTRACT LAWYER

 Business clients enjoy the service, attention and accessibility of in-house counsel, without the added costs of hiring an employee.

Protecting Your Assets from Business Activities

1.  GENERALLY

When starting a business you should consider taking steps to protect your personal assets, including your home, from business creditors and other business claims.  First, consider creating a separate legal entity under which you will conduct your business, e.g. INCORPORATE, set up a LIMITED LIABILITY COMPANY, etc.  Second, consider non-business protection options such as, filing a DECLARATION OF HOMESTEAD (if applicable in your jurisdiction) for your home.

WHEN IS IT BETTER TO HAVE TWO LLC'S?

OFFERING FLAT FEES FOR LLC'S AND CORPORATIONS AND TRADEMARKS.

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Checklists for Businesses and Executives

Checklists are great "easy to use" tools that will help get you started in spotting the general issues, concerning your endeavor.

ADDITIONAL ISSUES FOR BUSINESS STARTUPS

Business Startup Checklist II