Business Law

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...

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...