Business Law

The federal and state laws regulating businesses change frequently. As the economy grows and adapts to new technology, new regulations are necessary. Federal lawmakers recently enacted the Corporate Transparency Act (CTA). The purpose of the CTA is to fight money...

A significant percentage of small businesses operate without employees. As a business owner, you may be able to handle everything when starting. However, it may reach a point when you need an extra pair of hands. Has your business gotten to this point? Below are three...

A business partnership is much more than a friendship or casual relationship. Business partners have fiduciary duties.  Essentially, this means that they must always act in the best interests of the company. There are certain things that business partners cannot do...

There are often many professionals at any successful organization who have important roles in the company's operations. From executives to managers, those professionals oversee daily operations and influence the company's success. A sudden departure of one of those...

The right business partner can be a truly valuable asset for an entrepreneur. However, a partnership, like any other relationship, can cause certain challenges. Partners may find themselves disagreeing about how to properly run the company. In some cases, those...

Choosing the right business structure is a consequential decision-making process for aspiring business owners. If you are launching a new operation, the choice you make now will affect everything from daily operations to personal liability and tax obligations.  While...

Businesses of all sizes and purposes need staffing. Companies hire new workers to fill vacancies or address previously unmet needs. Each new employee can improve the productivity and efficiency of an organization. They could also create quite a bit of liability. One...

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...