A Power of Attorney (POA) is a legal document that grants another individual the authority to make decisions on your behalf. It is crucial to select someone you trust for this responsibility. Various types of powers of attorney exist to address different situations. Limited Power of Attorney A limited or general power of attorney typically […]
Navigating New Tax Laws for Small Business Owners
As the Tax Cuts and Jobs Act introduced sweeping tax changes in 2018, small business owners face a landscape of potential shifts to consider for their enterprises. To maximize the advantages brought forth by these tax modifications, it’s imperative to acquaint yourself with the intricacies of the updated tax code. Seeking counsel from a proficient small […]
Business Lawyers vs. Corporate Lawyers
When it comes to the legal landscape of business, a seasoned business lawyer becomes an invaluable asset, especially for burgeoning small enterprises navigating the intricate bureaucratic terrain of establishing their business model. A business lawyer serves as a steadfast guide, ensuring that a company adheres to local laws and regulations, offering comprehensive counsel spanning from […]
Legal Advice for Texas Entrepreneurs
To be successful, Texas entrepreneurs need to be mindful of early-stage issues that may have a significant impact on your business’ future. Choose the Right Business Structure: Texas entrepreneurs have several options when it comes to choosing a business structure. Some of the most common business structures include sole proprietorship, partnership, limited liability company (LLC), […]
How Can Franchisees Protect Their Business 2020
Ideally, buying a franchise from a large parent company ought to be a friendly transaction because everyone wants the business to do well. However, when your life savings and all the loans you managed to get are at stake, you need to take steps to protect your interests. Franchisers and franchisees have an innate conflict […]
All About the Better Business Bureau
You may not be in the mood for a sobering statistic, but here it is anyway — August is the most dangerous month on the road. How dangerous? According to Nationwide Mutual Insurance, 60,976 accidents were reported in August 2016. Of those accidents, 26 percent of them resulted in fatalities. August might seem like an odd month […]
Differences Between a Business Lawyer & a Corporate Lawyer
The business lawyer provides legal advice in nearly all aspects of a business, being an asset for burgeoning small businesses who may not be familiar with the bureaucratic process of enacting their business model. Generally, the business lawyer will ensure that a company complies with local laws and regulations, offering advice from the formation to the dissolution […]
Small Business Owners and New Tax Laws
With tax changes coming into effect in 2018 via the Tax Cuts and Jobs Act, there are many potential changes that small business owners will need to factor into their business. However, in order to benefit from these tax changes, it will help to familiarize yourself with the details of the new tax code and consult […]
5 Things a Business Lawyer Can Help You With When Starting a Business
The dream of starting your own business can take years to come to fruition. You’ll have to arrange funds, get the right team onboard, and must have a well-defined and streamlined process in place. When that time comes, you will want to ensure everything goes on smoothly and there are no hiccups in execution. At […]