Venn Law Group

For startups, the ability to rapidly mobilize cutting-edge technology is key. One way to use technology expediently is by seeking corporate investments.

Why Corporate Investment Helps Startups Use Technology Faster Than Ever | Entrepreneur Financial resources, strategic alignment, access to expertise, market validation, and operational support make this deployment possible.

AI has proven useful in many respects, and across virtually every industry. What happens when AI goes awry? Here are some insights into AI litigation.

AI-A Litigation Perspective, Part II - Venn Law Group Who is liable when AI use goes awry? Attorney Gordon Wikle provides insights about Liability for Misuse of AI-generated Content.

Forming an LLC can yield many advantages for your small business, but it’s hardly the end of the road. Consider several additional steps to shore up your LLC protections.

What to do after forming an LLC in 7 steps Once you've formed an LLC, follow these 7 critical steps to ensure the process and compliance with ongoing requirements are done right.

The Federal Trade Commission (FTC) has issued a final rule banning non-competition agreements, likely to take effect in September of this year. The ruling has applicability for most private employers. Here’s our summary.

Significant New Rule from the Federal Trade Commission Banning Non-Competition Agreements - Venn Law Group Now’s the time to review the confidentiality and non-solicitation covenants you have with employees and independent contractors. The new FTC ruling takes effect September 4, 2024.

When launching a new business, timing is essential. How can aspiring entrepreneurs determine when the timing is right? Here are some criteria to consider.

5 Things You Need to Consider Before Starting a Business | Entrepreneur Starting a small business always feels like a gamble, even in strong economic conditions. With so much uncertainty, is now the right time to start a business?

Having the right business strategy is essential for achieving sustainable growth. There are a few different types of business strategies to choose from.

All Business Strategies Fall into 4 Categories The problem with strategy frameworks is that although they can help you determine whether an opportunity is attractive or whether a given strategy is likely to work, they generally don’t help you in the task of identifying the opportunity or crafting the strategy in the first place. This article i...

Data privacy is a major concern among today’s online users. Increasingly, it is an important legal consideration, as well.

The New EU-US Data Privacy Framework - Venn Law Group With the enactment of the new Data Privacy Framework, does your business still have to comply with the GDPR?

M&A activity can be a means of business expansion. It can also be a catalyst for business transformation.

M&A Should Be Transformational — Not Transactional M&A deals have traditionally been transactional in nature, pursued for economies of scale and to consolidate costs. But that approach has more limited success in today’s volatile business landscape and won’t provide the transformational results that companies need today. To unlock the growth pot...

The United States Equal Employment Opportunity Commission receives tens of thousands of workplace discrimination claims every single year, and that number continues to rise. The question is, what’s the appropriate way to respond if your business is named in one of these claims?

How to Respond to an EEOC Charge of Discrimination - Venn Law Group By S. Eric Bass The United States Equal Employment Opportunity Commission (“EEOC”) dealt with almost 74,000 new claims of discrimination […]

In many industries, adopting AI is crucial for maintaining a competitive edge. However, there are a number of practical and legal considerations that can affect AI success.

How to Become an AI-Centric Organization | Entrepreneur Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

What is your business worth? And who are the potential buyers? These are just a couple of the critical questions to ask as you consider a business exit plan.

Understand your options for business exit and plan ahead Investing a lifetime in building a business, then facing the possibility of selling it and retiring, can be a difficult and emotional time for a business owner.It’s even more challenging if the exit plan resides entirely in the owner’s head and no steps have been taken.It’s a mistake to wait u...

Before signing a commercial lease, it’s important to verify that key terms and conditions are in place. Here is an overview of the due diligence process.

What Should You Know Before Signing A Lease? - Venn Law Group Tenants need to do their due diligence before signing a lease.

Many skilled, creative employees have left the traditional workplace in favor of freelance arrangements. Now, traditional employers are trying to win them back.

How to Attract Freelancers Back to Traditional Roles | Entrepreneur Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Businesses may offer a severance payment to a departing employee for any number of reasons. Some determinative factors can include the employee’s length of tenure or the conditions of their departure. And of course, there can also be important legal concerns to keep in mind.

Best Practices for Offering Severance to a Departing Employee Employers often offer severance agreements to departing employees. Attorney Eric Bass provides insights, best practices, and common pitfalls.

When pursuing a merger or acquisition, it’s crucial to do your due diligence. While this may seem like a time-consuming process, it can help founders to avoid more significant complications down the road.

Founders, pursuing a merger or acquisition? Keep these 4 tips in mind - Technical.ly Better to spend extra time on due diligence early so you won't need to deal with the costly consequences later, legal experts said during an Invest In Women x Pittsburgh event.

Crypto has been touted as the wave of the future. Before incorporating it into your business, there are several legal issues to wade through. Here’s an overview.

Legal Issues in Making Crypto A Part of Your Business: A Litigation Perspective Should your business accept cryptocurrency? Attorney Gordon Wikle explains the legal pros and cons to consider before offering a crypto payment option.

The succession planning process allows you to identify the employees who can replace essential leadership positions, ensuring your business is positioned for long-term success and continuity.

A Beginner's Guide to Business Succession Planning for Small- and Mid-Size Business Owners Business succession planning develops your next round of company leaders. Are you prepared? Here's what to know about creating an effective plan.

Franchising has become a popular option for business expansion. As with any other business arrangement, however, it is critical to carefully review the terms of any potential agreement.

Navigating Franchise Agreements: Key Considerations for Prospective Franchisees - Venn Law Group By Aubree Manley Franchising has become a prevalent method for business expansion, offering entrepreneurs the opportunity to leverage established brands […]

Statistically speaking, a majority of family-owned businesses never make it past the second generation. Often, this is a result of inadequate succession planning.

Succession Planning Woes Complicate Family Business Growth If small-business owners don't think ahead or communicate internally about next steps, they could create challenges down the line.

The Federal Trade Commission has proposed a final rule that would ban non-competition agreements with most employees for all private employers. This new rule will invalidate most existing non-competition agreements and ban future agreements, except for certain senior-level executives. The final rule is expected to take effect later this year, subject to ongoing litigation and comments. Contact us or your other advisors to keep aware of the status of the rule and its potential effect on your business.

FTC Announces Rule Banning Noncompetes Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamen

When it comes to business contracts, the fine print matters a great deal. Here’s a reminder about the significance of “boilerplate” language in your business contracts.

Boilerplate Clauses 2: Everything You Need To Know In this follow-up to a popular post, attorney Edward Woodall explains how key boilerplate provisions work in contracts.

On this Memorial Day, we remember those who have served and sacrificed.

For business startups, choosing the right management structure is crucial. Not only can it affect the day-to-day operation of the company, but it may have lasting legal ramifications, as well.

3 Management Myths That Derail Startups In their work with more than 10,000 startup leaders across 70 countries, the authors identify three common management myths among startup leaders looking to grow their companies: the myth of scaling without hierarchy, the myth of structural harmony, and the myth of sustained heroics. By understandin...

AI is an increasingly big influence across virtually every industry. For as much as AI is capable of, there are still some important areas where human intellect maintains an advantage.

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An LLC? An S-Corp? When it comes to structuring your business, there are several options to choose from, and no one-size-fits-all solution. That’s what makes it so important to seek counsel from an experienced business attorney.

When an LLC Just Won’t Do - Venn Law Group Understanding the tax implications of your business structure is crucial. Learn about the tax considerations related to establishing an LLC.

Artificial intelligence (AI) is making its way into virtually every industry, and the legal field is not excluded. But how will that impact litigation processes?

AI and the Future of Civil Litigation Artificial Intelligence (AI) is changing the legal landscape. Learn more from attorney Gordon Wikle.

A great reminder that life can change in an instant. What plans do you have in place to minimize the impact to your business and keep moving forward?

Loss and tragedy taught this CEO the importance of having a plan Succession planning is vital for leaders facing uncertain times. Prepare for unexpected crises and ensure your team is ready to handle them.

Our clients are our priority, and we are dedicated to helping you make informed decisions regarding your business. Learn more about what sets our legal team apart and how we can partner with you.

About - Venn Law Group Venn Law Group provides practical legal advice to select businesses and business owners throughout the Carolinas. Contact us, today.

Some key considerations to keep in mind if you’re thinking about buying a franchise. Do your research, and make sure you work with a legal professional to understand the terms of the agreement.

How to Manage the Crucial Steps Before Buying a Franchise | Entrepreneur This quick guide will prepare you for the crucial steps leading up to purchasing your franchise.

: Commercial lease agreements aren’t the most exciting thing to read, but the details matter. You don’t want to be caught off guard with unexpected costs or restrictions.

What Should You Know Before Signing A Lease? - Venn Law Group Tenants need to do their due diligence before signing a lease.