Business Law

Small business owners and professionals running private practices have to make sure that their companies comply with all applicable state and federal regulations. The rules that govern businesses do sometimes change. Those who do not track business regulations may...

There are many details that entrepreneurs have to address when they’re starting a new business. They need to choose the business type they want to establish and obtain necessary funding. They may also require commercial space. Whether someone intends to run a retail...

Contracts are crucial for the protection of those running businesses. The terms set in a contract establish the responsibilities that one business has to another or to workers within the organization. Contracts can establish clear standards, impose requirements for...

Starting a new business is a bit of a gamble. A significant percentage of new companies fail within a few years. Entrepreneurs have a lot at risk, not the least of which is the choice to give up their current source of income and whatever resources they invest in a...

Some people approach the entity formation process with the idea that there is one right business type given their proposed model, but the truth is that there are many different business forms that can work well for companies in different scenarios. Prospective...

If you have an idea for a business, you are likely eager to turn it into a money-generating organization as quickly as possible. After all, if you have noticed a gap in the current market where there is demand but no services or product supply, other people will...

When you thought that your personal assistant company would generate a few thousand dollars a month and you were the only person working there, operating it as a sole proprietorship didn't seem like a risk. It just seemed like the simplest way to go from having a...

Sole proprietors are owners of companies or businesses that haven’t separated the business entity from themselves. During tax season, it’s normal to pay your taxes out for your business at the same time as you pay your own personal taxes. You have write-offs and...

Business partnerships form for many different reasons. Maybe you and your brother inherited the family business jointly from your grandfather, or perhaps you and your college roommate started a company together. Although you have long worked together, you believe your...

You’re working on setting up your business and know that you’ll need a business plan. What do you need in it, though? Do you need as much information as a larger business would? There are a few things that you should include in your small business’s business plan to...