Posts tagged with: "business"
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18 Apr 2013, 8:06 am by admin
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]
21 May 2012, 1:39 pm by admin
Collection agencies permitted to do business within North Carolina must not engage in certain types of conduct when attempting to collect debt. Among the proscribed actions is “unreasonable publication” of a person’s debt. If the collection agency illegally communicates your debt to a third party, you may have a claim for damages under the North [...] [read post]
24 Nov 2010, 6:00 pm by Jason Brown
Many of our current and former clients are entrepreneurs - owners of small businesses, including restaurants, hair salons, trucking entities, vending services, auto repair shops, construction companies and web design firms. Important to keep in mind that even if the business was started and managed by just one spouse, it may be "marital" in nature. Marital assets are generally subject to an equal division among the parties. The first step in allocating a business interest involves ascertaining a… [read post]
28 Oct 2010, 8:33 am by Arieh M. Flemenbaum
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]
18 Dec 2011, 8:58 pm by admin
Diligent business planning and well-structured investor agreements are critical for anyone investing in a company or starting a business in Texas.  If you will have business partners or business investors, it’s especially important to structure your business planning, partnership agreements, and business contracts with advice from a skilled company formation lawyer.  A Texas company formation lawyer can review your business plan for starting a business, negotiate partnership agreements and… [read post]
29 Oct 2009, 11:29 am by Shannon Moore
Brainstorming Tips for Creating a Business Name Here's a few things to keep in mind:1) Keep your industry, your clients/customers, your advertising plan in mind.2) The more unique & distinctive a name, the higher the chances that the name is legally available for use. And the higher the chances of obtaining the trademark. 3) Think of your business as having a personality. What kind of image do you want your business to portray?Specific brainstorming tips:Think about what you want but more… [read post]
25 Jun 2012, 2:15 pm by admin
Homeowner’s insurance policies provide coverage for a wide range of “occurrences,” including: fires, collapsing roofs, water damage from burst pipes, and other incidents which require thousands of dollars to remediate. If the homeowner’s insurance company believes it has paid on a claim where the occurrence was caused by the negligence of a contractor, it will [...] [read post]
30 Aug 2011, 9:26 am by admin
A frequent question of business litigation and debt collection clients relates to recording telephone conversations: whether there are criminal implications and whether they can be used in a civil lawsuit.  Contact a civil lawyer at Maginnis Law, PLLC at 919.526.0450 or by submitting a new case inquiry here to discuss whether it is appropriate to [...] [read post]
10 Jun 2013, 5:13 am by Boyer Law Firm, P.L.
Miami has been named the fifth of the fastest growing cities for small businesses according to the online-lending platform Biz2Credit.  Orlando ranked 12th, and Jacksonville was also in the top 25. The city rankings were based on average annual revenue, average number of employees, average age of business, highest average credit score, and local sales tax rates. Large numbers of immigrant investors were named as a driver for small business growth. Things that listed negative on the survey were… [read post]
30 Jul 2013, 6:25 am by admin
Recently, Federal Courts have determined that terminations following internal complaints regarding overtime or minimum wage, as long as the internal complaints were sufficiently clear and detailed, are protected under federal law.  The Complaints can be oral or in writing and do not have to be filed with a local Department of Labor or Wage and [...] [read post]
8 Dec 2011, 4:00 am
Over the last 5 years that I have been writing this blog, there haven't been many Iowa business lawyers who write a blog on a regular basis. But when I was looking at Mike Colwell's Startup Models site, I noticed a new blog from business lawyer Chris Sackett of Brown Winick called BizB4Law. Chris wrote a post I wish I had written called I Like Clients Who Don't Like Lawyers.  Chris says, This post, of course, runs the risk of offending lawyers, but I suppose the whole premise is that lawyers… [read post]
22 May 2012, 7:43 am
Mike Colwell of the BIZ recently wrote an excellent post on IowaBiz titled Partnerships a Guaranteed Divorce. Mike explains in his post that wise business people will always plan for the divorce. The end is inevitable, whether it's due to death, retirement, disagreement or other reasons. Mike also linked to my recent seminar on Partnering that I delivered at the BIZ Raising Capital Seminar. It's long but provides many tips for business people interested in partnering with others. Like a good… [read post]
1 Mar 2011, 4:00 am
My friend, Joel Libava (aka "The Franchise King"), inked a book deal to write a book on franchising. I'm excited because Joel is a reliable resource in the franchise industry. We don't always agree but I do respect his opinions on franchising. He tells it like it is even if that means calling out a franchisor or two in the process. If you are considering franchising, I encourage you to visit Joel's site and pay attention to his articles on investigating a franchise.  Congratulations on the book… [read post]
2 Jul 2010, 1:47 pm by Todd Larsen
Even though our nation’s economy is floundering, there are many potentials out there for the savvy investor.  Many investors with ready funds have turned to taking advantage of the depressed real estate market.  As many homes and commercial buildings are going through forced sales due to foreclosure, investors with cash-in-hand are able to buy many of [...] [read post]
3 Apr 2012, 6:20 am
Over the years I've noticed that very few businesses actually plan for selling or passing on their business to employees or family. It's one of the most important things any business owner can do. I've teamed up with business coach Monte Wyatt to provide a free seminar to business owners on business succession planning. The seminar is Friday, April 13, from 11:30 a.m. to 1:00 p.m. at the Brick Gentry offices located at 6701 Westown Parkway, Suite 100, West Des Moines, IA 50266. We will provide… [read post]
29 May 2012, 7:46 am by admin
Except for a few varieties of agreements subject to North Carolina’s “statute of frauds,” most other agreements may become written or oral contracts. Both types are recognized by North Carolina law; you do not necessarily need a written document recording your agreement in order to bring a civil lawsuit for breach of contract. If the [...] [read post]
1 Oct 2012, 4:02 pm by admin
Raleigh residential investment property landlords must become familiar with the Tenant Security Deposit Act. This law governs the required steps that must be taken by landlords to ensure that tenants cannot recover their entire security deposit unless it is owed to them. If a landlord has failed to comply with any of the requirements of [...] [read post]
12 Feb 2013, 6:36 pm by Randy Fisher
The LLC and corporation are popular business entities because they limit the owner’s personal liability for actions taken on behalf of the business – but they don’t just magically erase that liability. Rather, these entities require regular attention to maintain the owner’s liability … Continue reading → [read post]
15 Jan 2010, 5:47 pm by Salcido
Utah General Corporate Counsel Services Our law firm’s business representation includes general counsel services for Utah corporations of all sizes. We operate as the general counsel for companies in Utah who do not have in-house lawyers and to law departments who are seeking additional support. The cost of having a traditional in-house attorney employed with your company can be substantial. When you hire Salcido Law Firm as your general corporate counsel you get an entire legal team for much less… [read post]
8 Apr 2011, 5:00 am
Matt Brick has a super webinar on our Brick Gentry Web site on the Changes to Iowa Employment Law and Legislation. Employment law is a constantly shifting area of the law that has serious consequences for employers, even when making a good faith mistake. Matt's presentation covers important developments in employment law for both public and private employers in Iowa. Want to hear a Webinar on a particular legal topic? Let us know what you would like to know more about. [read post]