Business Law

When deciding on the appropriate structure for a new business, you may wonder whether it could be to your advantage to form it as a corporation.  The decision to form a company in any particular way results in significant legal and financial implications. Therefore,...

When launching a new business, one of the first legally-related decisions you'll need to make involves choosing your company’s legal structure. Among the various options, limited liability companies (LLCs) serve as a “middle ground” between the more extreme options of...

The foundation of a business partnership is trust. While you can have different styles and methods, it’s important that you are on the same page in terms of ethics. Unfortunately, not every business partnership works out as intended and trust can break down. It’s...

Some businesses only exist because a specific professional works at a company. Small professional practices operated by licensed specialists may close down when the party who starts the firm retires, experiences a medical emergency or dies. Many other businesses can...

Deciding how your new business will be legally structured is a foundational process that can significantly impact your business's future. This choice will affect everything from your ability to raise capital and the amount of taxes you'll pay, to the level of personal...

Hiring new employees can improve a company's productivity and efficiency. However, those workers can also cost the company quite a bit of money. The funds necessary to cover another salary can be significant, and there are always risks that a worker could make...

If your employee reports a discrimination case, you need to take it seriously. If such a complaint is not handled effectively, you may end up facing costly lawsuits. Here are three tips to help you: Learn more about the incident When an employee informs you that they...

Opting for a business partnership can be a good move due to the numerous potential benefits. However, picking a good business partner is key in helping you enjoy these benefits and achieve your business goals.  Below are four qualities to look for in a partner: 1....

Starting a new business is an exhilarating experience. People often rush through the process so that a competitor doesn't corner the market before they do. Many people choose to start new business endeavors with a partner. Partners can provide financial backing or...