Posts tagged with: "business"
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11 May 2012, 1:31 pm
The majority of people who are forced to consider filing a lawsuit have been severely financially damaged by the possible defendant. In the time they need a lawyer the most, they have the least ability to pay. On an hourly basis, many North Carolina attorneys charge $250 or more. You may have another option. The [...] [read post]
4 Apr 2010, 6:50 pm
Asset Acquisition is a buyout strategy for certain businesses that focus on key assets of a particular company in contrast to purchasing its shares. Most buyouts of this kind occur in the event of bankruptcy, where the bankruptcy company might otherwise have valuable assets which could be used by other companies, but whose financial condition [...] [read post]
30 Nov 2012, 3:41 am
After several challenging years, it appears that there is finally a light at the end of the tunnel for New Jersey businesses. Business confidence has reached its highest level in the past five years, according to the New Jersey Business and Industry Association’s 2013 Business Outlook Survey. In other good news, many New Jersey businesses [...] [read post]
19 Jan 2010, 11:10 am
Commencing July 1, 2010, in Ontario, the Goods and Services Tax (GST) will blend with the provincial sales tax and become the Harmonized Sales Tax (HST) in Ontario. The new tax is set at 13%.
At the moment, a GST registered business collects the GST from the customers and pays the GST to its suppliers. At [...] [read post]
11 Jan 2013, 9:30 am
Determining whether your business should be an LLC (or a Sole Proprietorship) is daunting even with a grasp of the basic differences. Ultimately, it’s a question of diligence between you and the corporate veil. The corporate veil is a legal … Continue reading → [read post]
11 Oct 2011, 7:28 am
Recently I had the pleasure of watching "Restaurant Impossible" on the Food Network. http://www.foodnetwork.com/restaurant-impossible/index.html Normally I don't like these reality shows. My wife can attest to that. read more [read post]
9 Aug 2011, 11:23 pm
To maximize value growth for small business, your business organization should start with a focus on business valuation benchmarks and exit strategy toward selling a company, with a comprehensive investment, business planning, business operations, and business law strategy.
Austin business lawyer James Blake will present a webinar for The Business Bank of Texas on August 25, 2011, titled “Business Law Strategies to Maximize Small Business Valuation.” Register for Free here at the Austin… [read post]
20 Aug 2011, 11:24 am
Business organization for foreign owned companies and foreign owned corporations in Texas requires several important business formation and business tax considerations. In addition to Texas law that requires registration for foreign corporations in Texas, an international business attorney in Texas can advise you in business tax law and business organization issues that are important to your foreign owned company.
Foreign Owned Company Organization & Business Tax
Generally, foreign owned companies… [read post]
1 Dec 2010, 4:00 am
The Wall Street Journal Reports that many law firms have begun offering flat monthly fees to their business clients. Done correctly, these type of arranagements can be advantageous to the client and the firm. I have worked with several companies in this way for several years and prefer to charge flat fees for many different services including Iowa incorporations and LLC formation and franchise review services.
My philosophy is that most business clients would prefer to know how much something is… [read post]
18 Jul 2012, 10:03 am
For many startup businesses, it can be impossible to obtain credit without offering a personal guarantee of an owner or officer. If the business is not successful, and cannot pay its debts, this guarantee can come back to haunt the owner or officer. Most creditors’ attorneys will file suit on a breach of contract claim [...] [read post]
4 Apr 2010, 8:58 pm
Commercial loan modifications is becoming a more common solution for both business owners and lenders during a difficult economic recession. Like any classic loan modification, the basic principle is mitigating loss for the lender and the borrower. A commercial loan workout is a creative solution that may be overlooked without aggressive negotiation. The commercial loan workout [...] [read post]
20 Jun 2012, 4:47 pm
Pursuant to Rule 36 of the North Carolina Rules of Civil Procedure, any party to a lawsuit may serve written “Requests for Admissions” on any other party. Many Plaintiffs’ attorneys will serve Requests for Admissions with the Complaint and Summons. This happens frequently in debt defense, breach of contract, and other business law disputes. If [...] [read post]
19 Jan 2013, 6:14 am
If business were a 1980s coming-of-age film, then the S Corporation would be the overlooked middle child at Corporate High School — in other words, the protagonist of the film. The older, more prestigious C Corporation is the star quarterback, … Continue reading → [read post]
12 Jul 2008, 3:02 pm
In North Carolina, the ability to assign cases involving complex questions of business law can be designated to be heard by the Business Court, rather than the general courts. The Business Court uses specialized judges, with extensive knowledge of business law, like the Uniform Commercial Code, the LLC Act, and the North Carolina Business Corporations Act.
Over at the North Carolina Business Litigation Report, Mack Sperling points us to an article in Directorship Magazine's annual Guide to State… [read post]
18 Apr 2013, 8:06 am
Choosing the right North Carolina business entity is an important step in starting or growing a company. Choosing one type of business entity over another can affect liability exposure, taxation rates, management choices, and financing opportunities. Oftentimes there is no clear choice and a detailed analysis of the goals and expectations of the business must [...] [read post]
27 Jun 2011, 9:33 am
To help you complete a check-up and strategic mid-year planning for your business, we will publish helpful tips and ideas through the end of the month. This tip is part of our ongoing series.
Business Check-up Tip No. 14:
Review your buy-sell and/or shareholder agreements. Re-examine the purchase mechanisms & valuation methods. Discuss these ownership and management matters before a triggering event happens.
Check for updates every week day through July… [read post]
17 Mar 2011, 7:50 am
On Friday March 11, 2011, I attended the Women’s Entrepreneurship Symposium in honor of Women’s History Month at the United States Patent and Trademark Office. The program was co-sponsored by the US Women’s Chamber of Commerce and focused on women entrepreneurs, the importance of intellectual property protection for their innovations, how to leverage economic opportunities for women-owned businesses and what resources are available exclusively for women-owned small businesses. The topics… [read post]
28 Oct 2010, 8:33 am
Under the recently passed Affordable Care Act of 2010, businesses should have started reporting group health care coverage in 2011. The Act requires businesses to report the value of employer-sponsored health coverage, by indicating the cost of the health insurance coverage they provide employees on each employee’s annual Form W-2. However, IRS has decided to delay such reporting requirements.
The IRS determined that interim relief was needed to to provide employers the time they need to make… [read post]
1 Aug 2012, 4:59 pm
Originally posted 2011-06-14 09:00:41. Republished by Blog Post Promoter Previously we blogged about a pending case before the Supreme Court that had the possibility to significantly increase the liability of persons for assisting in the preparation of a “prospectus.” As of June 13, 2011, the Supreme Court handed down an opinion in that case, styled [...] [read post]
1 Aug 2011, 12:05 pm
Protecting a business, property or personal wealth is an important consideration for many people. At Anker, Reed, Hymes, Schreiber and Cohen, A Law Corporation, we pride ourselves on being a different kind of law firm - one that measures success by its value to clients. Since 1974, our firm has provided business law, real estate, estate planning and litigation services to individuals, families and businesses throughout Southern California. [read post]