South Carolina’s Liquor Liability Insurance Crisis: Impact on Businesses and Legislative Efforts The landscape of South Carolina’s hospitality industry has been significantly impacted by the state’s joint and several liability law and the 2017 mandate requiring a minimum $1 million liquor liability insurance policy for businesses serving alcohol past 5 p.m. This has led to…
When diving into the entrepreneurial world, deciding which state should you pick to create your LLC (Limited Liability Company) is crucial. Many believe forming an LLC in states without personal income tax, like Wyoming or Nevada, provides a way out of taxes. This article will debunk such myths, highlight considerations, and guide you to make…
A new Bill requiring businesses serving liquor to earn majority of their revenue from food, non-alcoholic drinks is in the legislative pipeline Are South Carolina Alcohol Laws about to get more Restrictive? Bill S.536, which received a committee hearing Wednesday, would require businesses serving liquor-based drinks to earn at least 51% of their total revenue from…
Most of you have heard about the three-tier system when you were at your local brewery or distillery or craft beer festival. However, if you are like most people you don’t know much about it or how it pertains to your favorite beverage provider, or how it impacts you. Let’s try to make it a little…
Is Shift Beer a Liability? Anyone who has worked in a brewery or knows people that do is familiar with the industry norm that free beer for employees is a perk. Is there liability with shift beer? The attached article and link gives a little food for thought, or should we say craft beer for thought, when considering the…
Social Media. Everyone is doing it, BUT are you exposed to claims?!? What you don’t consider when engaging in social media on behalf of your company can create legal issues and expose your company to claims. Claims can range from slander to intellectual property infringement. Literally your errors and those of your employees can be exposed to…
Why incorporating your business is a smart idea (don’t forget to click on the links to read more detailed articles): Protecting Your Personal Assets: The debts of a corporation or limited liability company belong to the entity, and not to you personally (unless you personally guaranteed those debts). Incorporating your business will typically protect your personal assets…
Liquor drinks In South Carolina breweries?!? You read that correctly… Did you know Bill 974 was introduced in the South Carolina Senate on January 13, 2016 and it seeks to allow breweries licensed to sell beer and wine for on-premises consumption to also apply for a retail on-premises consumption permit for the sale of distilled…
Calling all entrepreneurs, America’s largest seed fund is coming to Greenville!! This event is a great opportunity to get in front of program managers from the 11 participating agencies representing $2.5 billion in early-stage funding. About the Event: If you’re an innovator, entrepreneur, researcher or small technology firm, don’t miss this opportunity! The SBIR Road…
Trademarks, trade secrets, copyrights, and patents are all common types of intellectual property. Intellectual property or IP refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. The business world is highly competitive, and it pays to stake claim to and protect your IP. This is ESPECIALLY…
LINK: Startup: Hiring Considerations For Businesses and Owners A decision to launch a startup business is a BIG decision. Here is a short list of some of the very important questions that a startup business owner will need to address: Where is your office going to be located, what type of lease do you need and can you afford, how you are going…
