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I'm making home decor type gifts customizable, a customer can request the item to play their favorite celebrity song or tune. I Want to know if I can legally do this and if I can have item play either full song, partial song, just chorus, or instrumental
answered on Sep 9, 2024
Your idea of creating customizable home décor that plays celebrity songs is a unique and creative venture. However, using copyrighted music in products raises several legal concerns, and it’s essential to ensure you're compliant with intellectual property laws.
Here are a few key... View More
answered on Jun 26, 2024
If your contract includes a binding arbitration clause, it generally means that disputes arising from the contract must be resolved through arbitration rather than through court proceedings, including small claims court. By agreeing to arbitration, both parties typically waive their right to sue... View More
I am planning to manage investment portfolios for friends and family through an Interactive Brokers (IBKR) account while residing in Maryland. I will have less than $25 million in assets under management and fewer than 15 clients. Given these parameters, do I qualify for the de minimis exemption... View More
answered on Jun 26, 2024
Thank you for reaching out regarding managing investment portfolios for friends and family through an Interactive Brokers (IBKR) account while residing in Maryland. Based on your parameters of having less than $25 million in assets under management and fewer than 15 clients, you may likely qualify... View More
He’s is not part owner on the llc but understanding it’s his intellectual property I want to make sure everything I’m building doesn’t belong to someone else.
answered on Jun 26, 2024
Since the individual who provided the name is not a part owner of your LLC but may claim it as their intellectual property, it is important to address this issue to protect your business.
First, verify the legal ownership of the business name. If you registered the LLC under this name and... View More
I don't know if I need to create a tax ID, register my proposed business entity as a business, or whatever else I might need to do to start a business. I don't want to get in trouble later for something I didn't do today.
answered on Jul 2, 2024
To help you get started, here are the key steps you should consider when starting any business:
Business Structure: Decide on your business structure (e.g., sole proprietorship, LLC, corporation). Many small business owners choose an LLC for its liability protection and tax flexibility.... View More
Hi , I hired an AMAZON AUTOMATION company to manage my Amazon store , they charged $40,000 , we signed a contract for 12months , they generated some sales for about two months and then they stop , last thing they were gonna order products from China , I paid them $10,000 , it’s been two months... View More
answered on Jul 1, 2024
To recover your money from the Amazon automation company, start by reviewing the contract to check for any breaches of terms and any dispute resolution clauses. Document all communications, payments, and service logs to build your case. Send a formal demand letter to the company, requesting either... View More
My startup allows home renters to put their security deposit in my platform when they rent homes. I return the money back after their lease ends minus the fees for the service. What type of license is needed to run this? Its like a consumer escrow i think
answered on Jun 17, 2024
Your startup idea is indeed similar to a consumer escrow service, which typically involves handling financial transactions and holding funds on behalf of your customers. Operating an escrow service generally requires specific licensing and regulatory compliance, which can vary by state.
The wellness center would focus on physical fitness and recovery but would also hope to drive a lot of community value by being very active with the locals in terms of volunteering and events. It would ideally be a holistic approach to serving the community as well as the members themselves. I want... View More
answered on Jun 12, 2024
Choosing the right ownership structure is crucial for both the success of your wellness center and your personal and financial interests. Here are a few options to consider:
Sole Proprietorship: As the sole owner, you would have complete control over the business. This structure is simple... View More
Are there certain things I need to be aware of or do? I have a business now in NC but would like to start a new one and also register the same (thats operated in North Carolina) one in New York and Florida if possible.
answered on Jun 12, 2024
As a resident of North Carolina, you can start an LLC in New York or any other state, but there are several considerations and steps to be aware of. First, you can form your LLC in any state, but you should consider the legal and tax implications; states like Delaware and Nevada are popular due to... View More
-Business Owners/Cofounders: 3
-Business Nature: Online digital marketing agency offering online services, no physical locations, completely remote work
-Business Owner Locations: Florida, California, Ohio
answered on Jun 12, 2024
To better understand whether your company requires foreign LLC formation, we need to clarify what you mean by "foreign LLC." In general, a foreign LLC refers to an LLC that is registered to do business in a state other than the one in which it was originally formed.
Here are a few... View More
Is it possible for a person to have a legal business similar to a cottage food license in Illinois for selling edibles containing THC?
answered on Jun 8, 2024
Starting a THC edibles business in Illinois requires obtaining an infuser license from the Illinois Department of Financial and Professional Regulation (IDFPR). THC edibles cannot be produced under a cottage food license due to stricter regulations. Compliance involves ensuring product testing,... View More
Transferring funds into their separate holding company for personal use, not for business expenses/suppliers.
answered on Jun 5, 2024
In a 50/50 ownership structure, one director typically cannot withdraw funds for personal use without the other’s approval. Such actions may breach fiduciary duties and could have legal consequences. You'll want to check your company’s bylaws and shareholder agreement for rules on... View More
We want to have just the board of directors and teachers committee vote on board seat vacancies and we don't get a lot of membership activity to warrant their input, other than their regular participation in weekly sits (Meditations and Dharma Talks)
answered on Jun 3, 2024
Yes, your Board of Directors can generally amend the bylaws to change the definition of membership and voting rights, provided that the current bylaws and your state laws permit. Here would be the steps:
Review Current Bylaws: Check for the amendment process.
Draft Amendments:... View More
i was on a camgirling website as a guest and to my surprise the videos were posted long ago, i want to know if i can have help to remove them all
answered on Jun 3, 2024
To address this issue, you'll need to take the following steps:
Contact the website and send a formal request to the website's administration, demanding the immediate removal of the videos. This request should include:
-Identification of the specific videos in question.... View More
One person from handler is the one who made idea and found investor to start it. He knew investor and handler and he is the source developer and we can say manager. I want to know the profit division of this business .
answered on May 31, 2024
Determining the profit division in a new business with multiple stakeholders requires careful consideration of each person's role, contributions, and the agreements among all parties involved. Here’s a general approach to structuring the profit division for your business involving two... View More
In 2020, a friend went into the cannabis business in Oklahoma. He told me it was legal and profitable and convinced me to invest $100,000, promising me shares. I wired the money to his real estate company, AAA LLC, in September 2020 (I have the receipt). By 2022, he had not provided any updates,... View More
answered on May 30, 2024
After reviewing the details of your investment in the cannabis business in Oklahoma and the issues you've encountered, here are some potential legal actions you can take :
Demand Letter: Initiate with a formal demand letter requesting the return of your $100,000 investment. Clearly... View More
I want to start a new LLC and take advantage of the privacy and tax advantages states like Nevada, Delaware and Wyoming provide however I do not reside in those states. I would be a minority owned business so wondering if any of the programs in my home state for helping small businesses through the... View More
answered on May 30, 2024
Starting an LLC in states like Nevada, Delaware, or Wyoming can offer various privacy and tax advantages. However, if you do not reside in these states, you may face limitations regarding access to small business assistance programs in your home state. As a minority-owned business, you might be... View More
If I am the individual(middle man) bringing these two individual together(solar investors and owners of land) what kind of agreement can I make them sign.
That ensures me of commission and percentage share should any deal be concluded.
answered on Sep 9, 2024
To protect your interests, you may want to consider drafting an Intermediary or Finder’s Fee Agreement. This type of agreement would outline your role in facilitating the deal and include terms that ensure you are compensated.
My partner and I are wanting to start an online e-commerce business buying and reselling non branded products from Alibaba. Would it be wise to stick with only selling non branded? Do we need a license to sell branded products?
answered on Sep 9, 2024
Starting an e-commerce business reselling products from Alibaba is a great venture, and understanding the legal landscape for reselling branded versus non-branded products is crucial for your success.
Here are some important points to consider:
Non-Branded Products: If you're... View More
My relative has a spanish language teaching business where students are taught via video call. Her business is in a foreign country, she wants me to become her business partner to expand to USA since I live here. I was wondering what the steps would be in order to launch the business here, like... View More
answered on Sep 9, 2024
Expanding your relative's Spanish language teaching business to the U.S. is an exciting opportunity, and we’re here to help guide you through the process of launching the business stateside.
To get started, here are some of the key steps to consider:
Business Structure:... View More
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