Many small business owners in Washington might be familiar with limited liability companies, also known as LLCs. Setting a business up as an LLC has a lot of financial and legal benefits for business owners that all come down to the operating agreements. What is an...

Business Law
Joint ventures and partnerships
In the business world in Washington state, you sometimes need to collaborate with others to achieve specific goals. Two of these circumstances include the formation of a business partnership and that of a joint venture. However, these two things are not always...
Options for resolving partnership disputes
Business partnerships in Washington usually work out well. But like with any partnership, things can go sour. Small disputes can become major problems that hurt the business. When business partners are unable to resolve their differences, they might have to look to...
Is a limited partnership right for you?
Small businesses contribute enormously to the economy of Washington state. However, the financial burden of forming a new company prevents many would-be small business owners from launching a startup For potential business owners who need to quickly gain capital for...
Methods of resolving contract breaches in Washington
When there's a contract breach, you don't necessarily need to go to court to resolve it. You have other methods to potentially resolve the dispute, such as mediation and arbitration. In Washington, oral contracts have a statute of limitations of three years, and...
Why business owners should pay attention to a new tax program
From the day-to-day operations of your business to keeping up with the needs of clients, being a pro-active business owner is no small feat. However, it is important as a business owner to not overlook the ever-changing landscape of business law and the regulations...
How to dissolve a business partnership
Owning a business in Washington can be exciting and rewarding. However, issues might arise that lead to changes. Among those changes, it might be necessary to dissolve a partnership. If your business partnership hasn't worked out or a partner wants to move on, you can...
Recent changes to the law can impact your business
Business laws have been evolving rapidly in recent years. In California, state law AB5 dealing with workers in the gig economy created waves in many industries. But federal law has changed as well. In Washington state, entrepreneurs also need to be aware of the ways...
What is equitable relief in Washington?
There are a lot of jargon terms used in business law and financial matters. If you’re just getting into finance law within the Washington area, then you might have heard the term “equitable relief.” What is equitable relief? In business law, equitable relief is any...
How does contract rescission work in Washington?
Contract rescission works a bit differently depending on which state you're in. Washington has laws governing how long a person has to cancel a contract after signing it. Depends on the type of contract There are different rules for cancelling each type of business...