How to Start a Massachusetts Marijuana Business – A Question 4 Primer

On November 8, 2016, Massachusetts was among the three states whose voters approved a measure for the taxation and regulation of marijuana for “recreational” use. Total state excise and sales tax on marijuana is scheduled to come in at a total of 10% of all product sales. In addition, local towns will be free to […]

Powerball Privacy Protection – Forming a Massachusetts Lottery Trust

With a record $1.5 Billion prize on the horizon for tomorrow’s Powerball draw, we’re naturally cashing in on the action with this timely article about forming a Massachusetts lottery trust. A lottery trust is a simple instrument, really, designed simply to preserve anonymity for the lottery winner. And for anyone who’d like to avoid hearing […]

Massachusetts Non-Compete Agreements – What is Reasonable and Enforceable

Former Massachusetts Governor Patrick made some headlines in early 2014 with the proposition of banning the enforceability of non-compete agreements in Massachusetts. It was one of his many ideas to help spur innovation in the Bay State by helping out newer technology-based companies. Like so many of his plans, the Governor did little to garner […]

6 Grants, Government Loans and Capital Resources Available to Massachusetts Small Businesses

Entering into the new year is always a prospect laced with uncertainty and excitement for most small businesses. And while entrepreneurs have always encountered risk, business owners rarely consider today’s federal and state governments as a hedge. Anyone who remembers the annual Congressional budgetary battles can understand why. We nevertheless have identified and summarized for […]

Do I Need an Attorney to Start a Business? | Cape Cod Business Law

When starting a business, the start-up costs can be immense, especially in Massachusetts where hidden fees and taxes are notoriously burdensome. Putting together a plan, and checking with all of the relevant local and state government entities is an important first step. Similarly, ensuring that the formation of your business under Massachusetts law (e.g. LLC […]

Why Your Company Needs a Massachusetts LLC Buy-Sell Agreement

Collaborators in an enterprise are usually at their most enthusiastic when they first start the business. This has always been the case. It is exactly why lawyers like us repeatedly emphasize the importance of having an actual attorney draft the LLC operating agreement. Doing so ensures that all parties maintain that enthusiasm, but pair the […]

Massachusetts Business Law Attorney Checklist – 6 Areas of Company Exposure

When approached by a new or existing business, attorneys who specialize in business will assess, among other things, the risks faced by that business. This exercise is, however, much simpler than most people seem to think. Our firm always advises our Massachusetts business clients in the same manner: conducting your business ethically is the best […]