When starting a business, one of the hardest parts could be picking the type of legal entity to use. How do you decide between an LLC and a corporation? Here is a breakdown of each entity’s advantages. Limited Liability Company Want limited liability for investors with a simple and flexible structure? A limited liability company,…
Do you close deals for your business with a firm handshake? If you take clients or suppliers on their word and never sign a written contract, you are putting your business at risk. We cannot stress enough how important written, signed, well-drafts contracts are for business deals. Written contracts list the exact terms of an…
“Can’t I just do it myself?” wonder many entrepreneurs starting their own businesses. “Do I really need a lawyer?” Often, these new businesspeople find themselves in over their head after completing a few initial steps towards incorporating or forming a partnership. Consider consulting an attorney if you: Have no legal or business experience and have…