How to choose the right business structure for your startup or business?

How to choose the right business structure for your startup or business?

Starting a business in Washington State The right structure for your business depends on a number of factors that you may need to discuss with your attorney and tax advisor.  Below, we’ve provided information on the four main ways to operate a business: Sole Proprietorship, Partnership, Limited Liability (LLC), and Corporation (Corp). As a rule…

Does Washington’s law against non-compete agreements apply to stockholders?

Does Washington’s law against non-compete agreements apply to stockholders?

Non-compete agreements between employers and employees are prohibited in Washington except under certain earning thresholds.  These thresholds are established in RCW 49.62.020 (for employees) and RCW 49.62.030 (for independent contractors). Employees – must earn more than $100,000 Contractors – must earn more than $250,000 However, unlike in other jurisdictions that have prohibited non-compete agreements more…

Alykhan Sunderji presents to Advancement Coaching on legal issues to consider when starting a business

Alykhan Sunderji presents to Advancement Coaching on legal issues to consider when starting a business

On January 9, 2022, Alykhan Sunderji presented to Advancement Coaching on the various legal issues one should consider when starting a business.  It was co-presented with Youyri Akopyan CPA.  Advancement Coaching is the premiere school for professional coaching in the United States.  Alykhan addressed the following topics in the context of the professional coaching industry,…

Alykhan Sunderji presents to China National Intellectual Property Administration on Brand Registry

Alykhan Sunderji presents to China National Intellectual Property Administration on Brand Registry

On December 8, 2021, Alykhan Sunderji presented to the China National Intellectual Property Administration – the Chinese equivalent of the US Patent and Trademark Office.  Alykhan spoke to Amazon’s proactive, pro-customer, and pro-brand approach to IP infringement. You can find a copy of the presentation here. The presentation covered the following topics: Impact of Infringement…

What is an S-corporation and how does it help reduce tax liability?

This article explains how “S-corp” tax status could reduce tax liability for self-employed consultants, professionals, and other freelancers. What is an S-Corp? How is it related to LLCs and Corporations? Limited Liability Companies (LLCs) and Corporations (C-Corps) are types of business entities that are formed at the state level. The terms “S-corporation” and “S-corp”  are…

Can my business partner force me to sell or push me out of the company?

Can my business partner force me to sell or push me out of the company?

Can my business partner force me to sell or push me out of the company? When partners start a business, many fail to consider what will happen if there is some sort of fracture in the relationship. We’ve seen many clients ask what they can do – or what might happen to them – when…

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