Category Archives: Business Law
FACTA Can Lead To Lawsuits For Customer Receipts
There are some parts of your business that may seem so automatic, so routine, that you give little thought to them. One of those things may be giving receipts to customers who pay for services or products. But the act of printing and giving a receipt can land you in legal trouble if it… Read More »
How Corporate Resolutions Can Help Your Business
In the course of running your business, you make a lot of decisions. Some you make on your own, and some may be made with the approval of officers, shareholders or board members. But do you write down on paper, all of the official decisions that your company makes? You may not–but you should…. Read More »
Jurisdiction: Where Will You Be Sued?
Many businesses think a lot about whether they can be sued. That’s smart thinking; nobody wants to be on the wrong end of a lawsuit. But have you thought about where you can be sued? The country is filled with courthouses, federal and state, in districts and counties. You should not just assume that… Read More »
Avoiding Personal Liability For Your Business’ Liabilities
One very big benefit of operating as a corporation, as opposed to just doing your job individually on your own, is the protection from liability. When and if something goes wrong, and the company is sued, it is the company that is sued–not you, personally. And if a judgment is entered, the company’s assets… Read More »
The Basics Of Nonprofit Organizations
There are a lot of advantages to forming a nonprofit organization. But many people and businesses don’t know exactly what a nonprofit is, other than what they hear in the news. Should you form a nonprofit, and what differences are there between for profit businesses, and nonprofit businesses? What a Nonprofit Can and Cannot… Read More »
What Is A Breach Of A Fiduciary Duty?
In law, there is no overriding duty to act on someone else’s behalf, or to their benefit. That duty only arises if there is a special relationship between two people. When there is such a relationship, the parties are considered to be fiduciaries to each other, and breaching your fiduciary duty to someone else,… Read More »
Doing Business With The Government? Protect Your Trade Secrets
In the construction world, getting a government contract can be a lucrative endeavor. Government contracts are known to be valuable, and the best thing is that you rarely have to worry that you won’t get paid, or that the government won’t have money to pay what is due, when it is due. But there… Read More »
Don’t Let Your Business Make These Social Media Mistakes
Social media is an important part of your business image, and can be vital to generating the clients and customers that your business needs to thrive. Certainly, there are businesses that are better at social media than others are, and some which know the tricks of the trade better than others. There are few… Read More »
Running A Home-Based Business Is Legal In Florida
Can you just start a business from your home? Of course, home based businesses have always been around, but what about a business that may require that you see clients or customers, and which may result in some customer foot traffic coming to and from your home? Law Change Makes Home Based Businesses Legal… Read More »
Don’t Forget Tax Issues When Selecting A Business Entity
There are a lot of considerations when starting a new business. One of the biggest considerations is taxes—that is, which kind of business entity will give you the biggest advantages when it comes to paying taxes. Of course, there is no free ride—everyone will pay their taxes somehow. But the different tax structure of… Read More »
