Tag Archives: business attorney

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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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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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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Starting a Nonprofit Organization

Many entrepreneurs desire to start a nonprofit organization for the good of their communities or simply to make a difference. While a nonprofit is not a money making business, it is still a business. Many times, entrepreneurs seeking to start a nonprofit organization believe they do not need an attorney and try to conduct the

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What is Private Equity?

Private equity, or PE, is a group of investors putting their monies together to increase their buying power and investments in established companies. These investors are seeking to invest in growth-oriented and revenue-generating companies. They desire to be a part of a proven business model that is making a profit. They are more apt to

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Funding Your Business

Most businesses fail because they do not have a way to secure adequate funding to start up or remain operational for long-term success. A well-versed business law attorney can help find various funding sources for your project. A good place to start would be learning more about angel investors, venture capitalists, and small business loans.

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