There are a number of different opportunities when starting a small business; from consulting to opening a bakery to owning a franchise. Of the options available, owning a franchise is normally the most expensive. So the question is why do people do ...
Incorporating your small business is often a strategic move to protect the individual from legal liability, to obtain credit and maintain a separate entity status and receive certain tax benefits. All individuals who own a business and are not incorp...
To operate a business legally one needs to meet all the laws for operating a business in your country and local community. In the United States that means the laws of the federal government, state governments of every state in which you do business, ...
While there are many different kinds of business entities from which to choose from including S Corporations and Non-Profit organizations, the to most often chosen for entrepreneurs are a Limited Liability Company or Sole Proprietorship. These two ty...
There are numerous ways for small businesses to get in legal trouble some of which are common sense and others which are specific to commercial organizations. The key to running a business is similar to life in that if it makes you uncomfortable or y...
Choosing a lawyer can often feel like an insurmountable obstacle when seeking professional legal advice. It is similar to but not exactly like finding a good mechanic or physician for your family. It is similar in the respect that you want a highly q...
Determining the type of legal structure for a new business can be daunting for entrepreneurs and small business owners. Corporations and Limited Liability Companies ("LLCs") are preferred business structures because, unlike sole proprietorships and p...