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Category Archives: Business Law

SmallBus2

Potential Legal Issues Washington DC Small Businesses May Face

By Tobin O’Connor Concino P.C. |

Small business owners can feel overwhelmed when forming a new business. It pays to be prepared, not only when starting your business, but in how you handle day to day operations. It’s also important to understand potential legal issues you may face as a new small business owner. Consulting an experienced Washington DC small… Read More »

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BusPartners

Common Types of Business Partnership Disputes

By Tobin O’Connor Concino P.C. |

A partnership involves two or more parties in a business. Going into business with a partner can be beneficial, and is quite common with startups and businesses that offer professional services. Unfortunately, it’s almost inevitable that a disagreement will ensue at some point. Business disputes can happen even between close friends and family members…. Read More »

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EmpContract

What to Include in Your Employment Contract

By Tobin O’Connor Concino P.C. |

As a small business owner, getting your business set up is the first milestone. Once everything is filed and approved, you are ready to hire staff. If you are hiring for a position that includes an employment contract, you may be unsure what should and should not be included. This is one of the… Read More »

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ContractBreach

Equitable versus Legal Remedies in a Breach of Contract Case

By Tobin O’Connor Concino P.C. |

If you are a small business owner, it’s inevitable that at some point you may encounter a client or vendor who breaches a contract with you. If you are preparing to sue someone for a breach of contract, you may have an option between equitable and/or legal remedies. Legal remedies are ones that allow… Read More »

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BusinessLaw

Data Breach Laws in Washington, DC

By Tobin O’Connor Concino P.C. |

If you own a business that collects customer data, you need to familiarize yourself with the laws surrounding data breaches. A breach of data security can be confusing, especially in determining what laws govern the breach. It’s important you understand the law in any state where you do business and are aware of the… Read More »

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SCorp

Advantages and Disadvantages of S Corporations

By Tobin O’Connor Concino P.C. |

Once you’ve made a decision to create a corporation for your business, there is still the choice of whether to form a C corporation or an S corporation. It’s important to look at the potential advantages and disadvantages of an S corporation before choosing this structure over a traditional corporation, or even an LLC… Read More »

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NonCompete

What to Know about Non-Compete Agreements in Washington, DC

By Tobin O’Connor Concino P.C. |

Non-compete agreements are typically drafted to restrict employees from taking or using any of a company’s proprietary information or existing client base with them when leave and launch their own company that directly competes with their old employer. Another potential purpose of a no-compete clause is to keep employees from going to work for… Read More »

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BusinessModel

LLCs or S Corporations: Which is Right for My Business?

By Tobin O’Connor Concino P.C. |

If you’re starting a new business and your needs extend beyond a sole proprietorship or partnership, you might be wondering whether you should create an LLC or a corporation. And, then, to make it more complicated, there is something called an S corporation as well. You may consider exploring a new type of business… Read More »

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BusContract

Is an Advertisement Considered an Offer?

By Tobin O’Connor Concino P.C. |

If you’re a new small business owner, the theory of contract law can be terrifying. If you have goods for sale, it’s important to understand how offer and acceptance works, and what role advertisements play in contract law. What is Construed as Offer and Acceptance? An offer is an indication by someone expressing their… Read More »

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BooksGavel

The Differences Between C Corporations and S Corporations

By Tobin O’Connor Concino P.C. |

You’ve decided to set your business up as a corporation, but now you find out there are C corporations and S corporations. Do you know the differences between the two so you can decide which is right for you? It’s important to point out that every company is different based on their business goals…. Read More »

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