Blogs
Registering a trademark
A trademark is defined by Webster as: A device (as a word or mark) that points distinctly to the origin or ownership of merchandise to which it is applied and that is legally reserved for the exclusive use of the owner. The Pennsylvania Department of State website defines a trademark as: Any word, name, symbol […]
Dissolving an LLC in Pennsylvania
We recently discussed dissolving a Pennsylvania corporation. The process of winding up businesses that are not incorporated can differ greatly, depending on the type of business entity you operated. In this article we’ll discuss requirements for closing an LLC. In order to close your domestic LLC in Pennsylvania, you must provide a complete and properly […]
Involuntary Dissolution of a Corporation
In an earlier post we discussed voluntary dissolution of a corporation. In this article, we’ll explain some basic facts about involuntary dissolution and highlight some steps involved in the process. An involuntary dissolution may occur when shareholders in a corporation disagree about whether to dissolve the corporation. The minority shareholders may seek an involuntary dissolution. […]
Voluntary Dissolution of a Corporation
Maybe it started with a dream, or just a way to make extra money from your hobby. You created a business plan, gathered your start up money, and opened your business. But now, for one reason or another, the time has come to wind up the business and move in a new direction. Although it […]
Buying a Business
Starbucks’ purchase of Bay Bread, LLC made the headline this week in the San Francisco Chronicle. In an effort to expand offerings in stores, Starbucks bought Bay Bread, LLC, a French-themed bakery specializing in homemade granola, flank steak sandwiches, and organic bread. The transaction involved much more than Starbucks handing over a check for […]
Does My Business Need To Register a Fictitious Name?
What do the businesses Bob’s Flowers, David’s Roofing, and Fat Boy’s BBQ Ranch have in common? Under Pennsylvania law, they are all businesses who must register fictitious names with the Pennsylvania Department of State. According to the Fictitious Names Act of 1982[1], “Any entity or entities (including individuals, corporations, partnerships or other groups) which conduct(s) […]
What Is a Corporation and How Can I Incorporate My Business?
A corporation is the most complex of business organizations, due in large part to the paperwork necessary to bring one into existence. A corporation may be formed by one or more people who execute and file the correct forms with the Pennsylvania Department of State. The corporation will, in many ways, have a life of […]
How Can I Form a Partnership in Pennsylvania?
A general partnership is a joint venture undertaken by two or more people. A partnership may have a very limited purpose, such as a single asset real estate venture, or it may be the foundation of a large business. If you have one or more business partners, and you did not take steps to establish […]
What is a Sole Proprietorship in Pennsylvania?
A sole proprietorship is the most common and simplest type of business entity. If you are running a business without partners, and you did not take steps to establish a corporation or limited liability company, then your business is by default a sole proprietorship. There are advantages and disadvantages in running your business as a […]
Types of Businesses in Pennsylvania
You’re on your way to starting a business. Maybe your business plan is already finished and your financing is secured. If you haven’t settled on which type of business entity you should form, now is the time to investigate your options and make a decision. Last week, we introduced a series of articles describing various […]
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