Weber Law Firm Blog
Taking care of the details when starting a business
For entrepreneurs thinking of starting a new business in Utah, you are in good company. Recent studies on current trends reported that the third quarter of 2020 saw highest number of applicants for new business formation ever seen in the United States. Overall, U.S. entrepreneurs filed 4.4 million business formation applications in 2020, which is a 24% […]Continue ReadingOn Behalf of Weber Law Group, PLLC | April 28, 2021 | UncategorizedPlanning for the unexpected with buy-sell agreements
Getting a business off on solid footing requires not only hard work, investment resources and marketing research, but also planning, both for future growth and potential scenarios that could put the business at financial risk. Having a contingency plan in place in the event of a partner’s departure from the company due to life circumstances, […]Continue ReadingOn Behalf of Weber Law Group, PLLC | April 19, 2021 | UncategorizedWhat are trademarks, patents and copyrights?
Trademarks, patents and copyrights are all forms of intellectual property that are of significant value to Utah businesses. However, these different forms of intellectual property protect different things and provide unique value. The following is a brief overview of trademarks, patents and copyrights. What is a trademark? A trademark is a word, phrase, design or combination […]Continue ReadingOn Behalf of Weber Law Group, PLLC | April 5, 2021 | UncategorizedConsiderations for starting a business in Utah
Starting a business begins with a great idea, but it can be hard to know where to turn to put that idea into action. There is helpful information available for new and prospective business owners in Utah. Business structures Business owners will need to choose an organizational structure. This affects the business owners’ liability, ownership […]Continue ReadingOn Behalf of Weber Law Group, PLLC | March 19, 2021 | UncategorizedAm I personally liable for my business debts?
As the owner of a Utah business, you have a lot on the line in terms of your finances and your reputation. Even the most successful businesses may face down years where debts exceed profits. Additionally, a business may be sued by former employees, vendors, and stakeholders, which may require the business to payout a […]Continue ReadingOn Behalf of Weber Law Group, PLLC | March 5, 2021 | UncategorizedWhy is regulatory compliance important for my business?
The area in and around American Fork is growing rapidly, and that will mean more small and mid-sized businesses starting up in the greater Provo area. This part of Utah is in the midst of a wonderful opportunity for both established residents and newcomers to enjoy the fruits of a prosperous economy. Filing the necessary […]Continue ReadingOn Behalf of Weber Law Group, PLLC | February 22, 2021 | UncategorizedIs a sole proprietorship right for my Utah business?
For Utah residents who have created a product or are providing a service, it may make sense to take the necessary steps to form a business entity. If it is an individual who is running and operating the business while doing all or most of the work, it makes little sense to get too complicated […]Continue ReadingOn Behalf of Weber Law Group, PLLC | February 9, 2021 | UncategorizedWhat business structure is best for my business?
Starting a business can be an extremely stressful endeavor. Starting a business with the specter of failure that could potentially bankrupt the business owner is usually enough to deter a lot of potential entrepreneurs. However, choosing the right business structure for your business gives entrepreneurs a way to protect their new business. The proper business entity depends […]Continue ReadingOn Behalf of Weber Law Group, PLLC | January 28, 2021 | UncategorizedWhat are some advantages to franchising?
We are all familiar with franchises, especially popular ones such as restaurants, stores and hotels. Some people in Utah are well-suited for franchise ownership, especially if they want to own a business, but do not want to purchase an existing one or start one from the ground up. The following is a brief overview of franchising. […]Continue ReadingOn Behalf of Weber Law Group, PLLC | January 18, 2021 | UncategorizedWhat does it take to start a new business?
Many new businesses start with a great idea. As an entrepreneur puts thought, time, and energy into their idea, they may begin to see visions of an entity that could support their goals and desires. Every year, new businesses open all across Utah, but unfortunately not all of them succeed. There are no guarantees in […]Continue ReadingOn Behalf of Weber Law Group, PLLC | January 4, 2021 | Uncategorized