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Posts tagged "Business and Commercial Law"

What is an S corporation?

If you are considering the next steps toward legitimizing your small business and setting it up to grow, you may have run into people discussing S corporations. S corporations are a specific type of business classification that many small business owners prefer to use. In very broad strokes, the most commonly noted benefits of the S corporation are its potential tax benefits and its relatively affordable protections.

What are the advantages of limited partnership?

Limited partnerships are a type of business structure that is often overlooked when two or more partners consider how to set up their business or investment venture. In recent years, the limited partnership has taken a backseat to the often-preferred limited liability company, but it still offers some compelling benefits when instituted properly.

Beware broad nondisclosure agreements

If you work in the business sector, then you understand that nondisclosure agreements (NDA's) are more and more commonly a part of normal operations when a new hire joins a company. However, just because you get handed a nondisclosure agreement does not mean that you have to sign it, or even that it is legally sound. Often, companies hand prospective employees NDA's that feature wildly unreasonable terms and expect them to come back signed with no issues. Before you sign that NDA, consider taking it to a legal professional to assess its terms and see if you really want to agree to it.

Tesla says new law meant to keep them out of state

On June 6, the governor of Louisiana signed a bill into law that will keep auto manufacturers from selling their vehicles directly to buyers. Senate Bill 107, which was sponsored by Sen. Mack "Bodi" White, R-Baton Rouge, will strengthen other legislation meant to do the same thing. According to Tesla, though, the bill was nothing more than a move by special interests to keep the company from moving into Louisiana.

Federal regulations and small businesses

Among the things that can have major implications for small business owners are what sort of federal regulations are out there. For one, this can impact what kind of federal compliance issues are big ones within the industry their business operates in. It can also impact how much in time, energy and resources a business needs to put towards staying in compliance with federal rules.

This week is National Small Business Week

Among the special business-related occasions here in the U.S. is National Small Business Week. This occasion is aimed at acknowledging and celebrating the important role small businesses play in America. Such companies and their owners have big impacts in their communities and on the U.S. economy as a whole.

Regulatory changes can raise issues and concerns for businesses

When a person is starting a new business, there are many things it can be important for them to be aware of. This includes what regulations apply to their business, given the industry it is in. A business running afoul of such rules as it is getting off of the ground can impact its relationship with regulatory agencies, delay its ability to get into full operation and hurt its reputation.

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