It is common for entrepreneurs to start more than one business venture simultaneously. Often, these separate ventures will have similar names, share office space, tools, equipment or employees, or be involved in the same industry or field. While one owner may have multiple business ventures under Indiana law, the relationship between or among these ventures […]
6 Essential Steps to Business Success in 2013
Although there is a great deal of uncertainty and apprehension in the business community after the Presidential election, every small business could benefit from taking a few planning steps before 2013 begins. Here is our list of steps that we think are essential to every small business as 2012 comes to an end. Assume That […]
Are You Operating Your Indiana Business in Another State?
We routinely have clients who inquire about using their Indiana entities to begin operations in other states—especially our clients with businesses in cities near the Indiana border. Because of the nationwide recession and slow recovery, business owners hoping to sell their ongoing concerns have had to search across several states for potential buyers, increasing the […]
Ounce of Prevention – Matt Speaks at Sparks
What is an L3C?
An L3C is a low-profit limited liability company (L3C). It is a legal form of business entity, recognized in just a few states, designed to bridge the gap between non-profit and for-profit investing. The concept is that the L3C can provide a structure that facilitates investments in socially beneficial, for-profit ventures while simplifying compliance with […]
Can a Non-Permanent Resident Alien Own an S-Corp
Several times each year, we are asked whether a non-United States citizen can own a business that was created in the United States or in Indiana, specifically. Generally, the answer is that a non-United States citizen, whether living here or abroad, can own an Indiana entity, but not every entity form. In this article, we […]
Changes to the Indiana Secretary of State’s Business Entity Report Filings
June 2013—The Indiana Secretary of State recently announced a new biennial report procedure for Hoosier business owners. By the beginning of 2014, the Secretary of State’s Office will no longer utilize paper mailings to remind business owners to file their biennial business entity reports. Instead, business owners will be notified via email. These changes, while saving […]
What is a “Fluid” Trademark?
A “fluid trademark” is a registered trademark, presumably registered under federal trademark law, that the mark’s owner significantly and continuously changes. The most often sited example of a fluid trademark is Google’s name as displayed on its website and search box pages, which mark is changed on a regular basis and especially on holidays. The […]