Category Archives: Business Law

Types of Nonprofit Organizations

Many business executives are crossing over to the nonprofit world. Many want to leave the hustle and grind of the corporate arena to a more relaxed and laid back environment for the common good. Nonprofit organizations have no owners and their purposes are to serve the needs of a community or enhance the welfare of

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The Importance of Business Records

Keeping good records is paramount to the success of your business. Proper business record keeping can help you examine the progress of your business and learn areas of growth as well as areas you need to improve. Good record keeping goes hand in hand with accurate financial statements about your business. Records can reveal profit

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Types of Business Insurance

When starting a business, it is important to make sure you have the right types of insurance to cover unexpected incidents that may disrupt your business or cause you to lose money. Risk management solutions are a major part of a company’s overall success. Your business law attorney can help you create risk management strategies

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Workplace Wellness Programs

The new big trend in the employment arena these days is “workplace wellness.” Workplace wellness is any workplace program, activity, or company policy created to support better health and well-being in the workplace with a goal to improve the overall health of each employee.  Many companies are incorporating wellness programs with incentives into the health

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What is an Employer Identification Number?

The Employer Identification Number (EIN) is also referred to as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number. An EIN is used to identify a business entity. An EIN is a designated nine-digit number that identifies your firm or company in various business interactions. The IRS will assign the EIN in

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Preparing Your Business for Tax Season

The tax man comes every year around April 15th, and it is important to keep abreast of tax laws that impact your business. Tax season is a stressful time for any business owner, but you can make the tax season less taxing if you allow your business law attorney to help you. Your business attorney

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Starting Your Business with the Help of the SBA

If you are thinking of starting a business, the experts say that your business has a 50-50 chance of surviving five years. Starting a business may seem simple, but keeping the doors open to attract customers may present a mountain of challenges for a startup. One is not really in business until he or she

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How to Protect Customer Information

Millions of consumers are put at risk when companies lose control of their personal data and information. In fact, the FTC recently made settlements with companies for not protecting sensitive data including Social Security numbers. Personal information such as social security numbers should always be encrypted. Companies should follow the guidelines created by the Federal

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IP and Your Business

A company’s intellectual property is a valuable asset to a business. It can significantly increase a firm’s net worth, and it can be a tool used to attract potential investors to the company. When a company experiences a violation or theft of its intellectual property, the company can file a lawsuit against the perpetrators. Copyrights,

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Foreign Qualification

When a corporation or limited liability company conducts business in any state outside of its state of incorporation, it is required to foreign qualify in that applicable state. Your corporation or LLC is viewed as domestic only in its state of incorporation. When you transact business outside of your state of incorporation, your company is

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