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Anatomy of a Business Plan: 15 Tips for Writing a Plan That Leads to Success
If you are starting a new business or restructuring a business you already own, then one of your most important tasks is writing a business plan. By breaking down what you must do to find financing, comply with legal requirements, create......
Prenuptial Agreements: Everything You Need to Know
If you are thinking about popping the question or have already got engaged, one of the things that you should consider is getting a prenuptial agreement. Deciding whether this is a good idea or not depends largely on your personal situation.......
The Top 9 Accounting Tips That Every New Business Should Know
If you have a new startup business, then you may think there is no real need to worry about accounting. You may think that the amount you are likely to get in revenue may only just about balance your expenses, to begin with at least. Running a......
Which Is Better for You: LLC or Corporation?
When you are in the beginning stages of your business, one of the biggest decisions that you have to make is the type of business structure you should form. There are many options available, but for many new business owners the decision comes......
Business Expenses and Tax Deductions
Businesses are unique in that they can deduct their expenses to decrease their taxable income. Most individuals can only deduct very specific expenses, and they are often limited by income or other restrictions. Businesses, on the other hand,......
13 Things to Think about before Starting a Business
The flash of inspiration is one of the greatest things about starting a new business. One day you wake up and have the simple solution to the most annoying problem; and you cannot believe no one else has figured it out! So you rush to the......
Hold Harmless and Indemnity Agreements: Decreasing Legal Liability through Contracts
There are risks associated with virtually every transaction you make. Even purchases at the grocery store have risks—perhaps the apples are actually bad, or the cereal has an unknown chemical in it. There is even risk associated with loaning......
Filing for Divorce
Attorney vs. No Attorney Although a divorce attorney can be helpful, they are not required. Many people opt to handle the divorce on their own or through a neutral third-party mediator. Divorce attorneys are most useful when there are issues......
Mandatory Business Filings for Corporations
Every corporation must file certain documents with the Secretary of State. Many people mistakenly assume that once they have completed their initial establishment filings, there is no need to file anything else. Unfortunately, this kind of......
What's the Big Deal with Confidentiality Agreements for Employees?
Sometimes, organizations have proprietary or confidential information that, if shared with the competition, could cause the company to lose its competitive edge. An employee confidentiality agreement can be used to legally protect that......