Lehi Business Law Blog

For entrepreneurs thinking of starting a new business in Utah, you are in good company. Recent studies on current trends reported that the third quarter of 2020 saw highest number of applicants for new business formation ever seen in the United States. Overall, U.S....

Getting a business off on solid footing requires not only hard work, investment resources and marketing research, but also planning, both for future growth and potential scenarios that could put the business at financial risk. Having a contingency plan in place in the...

Trademarks, patents and copyrights are all forms of intellectual property that are of significant value to Utah businesses. However, these different forms of intellectual property protect different things and provide unique value. The following is a brief overview of...

Starting a business begins with a great idea, but it can be hard to know where to turn to put that idea into action. There is helpful information available for new and prospective business owners in Utah. Business structures Business owners will need to choose an...

As the owner of a Utah business, you have a lot on the line in terms of your finances and your reputation. Even the most successful businesses may face down years where debts exceed profits. Additionally, a business may be sued by former employees, vendors, and...

The area in and around American Fork is growing rapidly, and that will mean more small and mid-sized businesses starting up in the greater Provo area. This part of Utah is in the midst of a wonderful opportunity for both established residents and newcomers to enjoy...

For Utah residents who have created a product or are providing a service, it may make sense to take the necessary steps to form a business entity. If it is an individual who is running and operating the business while doing all or most of the work, it makes little...

Starting a business can be an extremely stressful endeavor. Starting a business with the specter of failure that could potentially bankrupt the business owner is usually enough to deter a lot of potential entrepreneurs. However, choosing the right business structure...

We are all familiar with franchises, especially popular ones such as restaurants, stores and hotels. Some people in Utah are well-suited for franchise ownership, especially if they want to own a business, but do not want to purchase an existing one or start one from...

Many new businesses start with a great idea. As an entrepreneur puts thought, time, and energy into their idea, they may begin to see visions of an entity that could support their goals and desires. Every year, new businesses open all across Utah, but unfortunately...