Differences between an LLC and an Inc.

Thank you Bhavini Mistry again for your thorough research and contribution to this article. In the business world, there are two main types of businesses a company can become which are either a limited liability company (LLC) or a corporation (Inc). Limited liability companies (LLC) are formed by one or more owners and is seen as a “pass-through” business by how the income or losses of the LLC company are sent through the owners that…

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The Perils of Using Your Name as a Brand

Thank you Bhavini Mistry for her contribution with this article.What is all the fuss? In 2014 the California-based surfer brand O’Neill sent a “#ceaseanddesist” letter to Thaddeus O’Neil, a designer from Long Island who sells similar surfer clothing.  A “cease and desist” is the first legal step to stop another company from performing certain actions. In this case, O’Neill wants to stop Thaddeus from selling clothes under his name [Thaddeus O’Neil] because it is very…

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