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Tag: business

Articles tagged as Business

Business Entity Mistakes - Criminal Conduct and Independence

Posted on January 12, 2024 by Michael Smith
In this age of information, most small enterprises understand they want the protection supplied by a corporation or limited liability company.Such protection, however, could be lost though certain actions.Criminal ActionCreating a small business entity only protects a small business and shareholders from civil liability.Civil liability comes from a body of state and federal law which allows for compensation for alleged wrongs...

The Benefits to Hiring a Lawyer

Posted on July 1, 2023 by Michael Smith
Some people may assume that hiring an attorney and dealing with a lawyer throughout a legal issue will undoubtedly be much like the client/attorney relationship portrayed on television.However, the truth is that the proceedings tend to be completely different.While most television proceedings are highly charged and filled with courtroom actions, your lawyer will most likely doing more research, paper filing and phone work behind the scenes than actual courtroom litigation...

Know When To Get An Agreement In Writing

Posted on March 22, 2023 by Michael Smith
Although a lot of people believe that it will always be essential to get any agreement on paper, you can find cases in which a verbal agreement is legal and valid.However, since you can find in the same way many instances in which a written agreement is essential or, at the minimum helpful, this is a good idea to learn which situations demand which forms of agreements.The general guideline for deciding in case a contract must be in writing depends upon the type of the contract...

Arbitration - Protect Yourself

Posted on November 17, 2022 by Michael Smith
The Federal Arbitration Act, enacted in 1925 was originally made to help resolve commercial disputes between businesses.It really is providing the legal basis for the broad usage of arbitration clauses in consumer contracts today.Mandatory binding arbitration is becoming standard business practice in lots of consumer contracts.They're within applications for loans, car leases, employment contracts, insurance and charge card applications...

What Licenses Do I Need to Start My Company?

Posted on June 5, 2022 by Michael Smith
What License do I want to start my business? This is the single most popular question we get, representing more than half of all questions to our question & answer site for small business owners.There is, regrettably, no comprehensive response to the question.Every state, county, and municipality has a different set of rules and regulations regarding licensing.There's just no way to catalogue all the prerequisites for a certain kind of business or location...

What is Intellectual Property?

Posted on January 12, 2022 by Michael Smith
Intellectual Property is the product of your thinking which may be used for commercial value.To put it differently, you think about a song and write down the words - you have the legal right to stop others from copying or making a song based on your lyrics.This right you have can make you money if someone is willing to pay you for your tune.Maybe your boss asked you to write a computer program.Who owns the work? You might have designed a new mouse trap and have the design on computer...

Should You Hire An Accident Attorney?

Posted on November 23, 2021 by Michael Smith
When should you consult with an accident lawyer? You should seek the advise of an accident attorney as soon as possible following the collision.Do not wait.You could be giving up certain rights.You should definitely speak with an attorney before speaking with the other sides insurance agent, adjuster or attorney.You say you could not afford a lawyer.Most accident attorneys will consult with you for free and, if they take your case, will handle it on a contingency basis, not taking any fee before the case is settled...

Protect Your Business With Non-Disclosure Agreements

Posted on June 10, 2021 by Michael Smith
Every business should protect proprietary information when dealing with independent contractors, vendors and other companies.The best way to do it is to use a non-disclosure agreement, frequently known as an"NDA."What's an NDA?An NDA is an agreement between two parties to safeguard confidential information disclosed in a business transaction.The proprietary information can include business procedures, financing, customer lists, and anything that is not already readily available in the public arena...