David, Brody & Dondershine, LLP Experienced General Business Law Attorneys
12355 Sunrise Valley Drive, Suite 650
Reston, VA 20191
703-264-2220

Reston Business Law Blog

Help me get started and maybe I'll be the next Bill Gates: survey

When it comes to looking at a reasonably good-looking hand and being poised at that precipice between further vacillation and decisive action, many Americans will unhesitatingly bet their cards on purposeful change.

Put another way: They'll take a chance on something new and embarking on a road of novel opportunity, especially in the business realm.

Technology licensing issues of key importance to many companies

It is certainly true, of course, that many businesses in the Washington, D.C., metro area and elsewhere across the country don't have a top-tier tech component inherent in their operations.

That is, they aren't routinely focused upon developing, managing, selling and/or borrowing new technologies to promote their business plans and corporate vision.

What information and mindset you have when starting a business can matter greatly

The things an entrepreneur does as their business is just starting off sets the tone for their company. Getting things off on the right foot can be key for a new business. So, the information and mindset an entrepreneur has as they are launching their new company can be very impactful.

Given this, there are a wide range of things a business owner may want to keep in mind during the startup process. For example, in a recent Entrepreneur article, an entrepreneur went over some things he wished he had known prior to starting his first business. This includes the importance of:

  • Setting goals and staying focused on them.
  • Being confident.
  • Not being discouraged by people saying it’s going to take awhile for the business to see success.
  • Reaching out for and being open to help.

Report: D.C. area a Mecca for starting, growing businesses

Are you a business-savvy individual brimming with creative talents and energies that you seek to apply on behalf of a new enterprise in an area that will dynamically and persistently foster growth?

If that defines you, and perhaps an impressive team of like-minded others who work collectively with you, there is a locale that is perhaps just right for nurturing your ideas and promoting a salutary bottom line for the goods or services you offer.

Considerations re businesses contracting with government agencies

Is it logical to assume that some complexity might attach to legal subject matter when it relates to contracts executed between businesses and federal government agencies?

Indeed, there is, and we suspect that even most of our readers who lack any personal experience in dealing with government entities in a business capacity know that to be the case.

Takeaways in recent employment discrimination case

Diverse businesses in the Washington, D.C., metro area and all across the country face a constant barrage of legal and regulatory hoops and hurdles as they seek to thrive and make a profit.

That is no surprise, of course. Corporate America can make for a Darwinian environment, with successful enterprises necessarily overcoming material challenges that routinely arise and demand smart and proactive responses.

Successful business succession planning: it doesn't happen overnight

Have you ever heard of a situation -- seen a movie, perhaps? -- where on a given day a business owner simply walks up to a hard-working and dedicated employee and figuratively hands over the keys of the company to that individual, deigning him or her the optimal choice to lead the organization forward?

You might have. Movies regularly churn out feel-good fare along that line.

Tips for choosing a business structure that suits your needs

Choosing a legal business structure is a big decision. Different entities may result in different liability exposure and tax implications. There are four main types of business structures: sole proprietorships, C-corporations, S-corporations, and limited liability companies, or LLCs.

A common starting point for a startup is a sole proprietorship. This business form presents the least administrative work, primarily because there is not much distinction between the owner and the business. The IRS, as well as any creditors, will generally impute any business debts, income from any business profits, and tax obligations for business operations directly to the owner. However, when business operations expose the owner to potential liability, it may be time to choose another structure.

Current administration push emphasizes increased LLC presence

Some business law firms focus narrowly on a so-called "niche" area of law applicable to a select clientele.

Conversely, David, Brody & Dondershine, LLP, provides a broader-based representation for diverse business actors across the Washington, D.C. metro area, Northern Virginia, Maryland and additional locales.

Key to both entrepreneurs, established businesses: IP protection

If you are part of an entrepreneurial team that is poised to launch an exciting new business or, conversely, a principal with a well-established commercial enterprise, much of your soon-to-be or already proven success likely owes to creative energies and ideas that readily differentiate you from competitors.

That collective spark and drive is a priceless asset that centrally informs your products and services and helps ensure business success into the future.

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12355 Sunrise Valley Drive
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Reston, VA 20191

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