Business Law

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The law forbids businesses from including baseless statements or assertions in their advertisements. According to the Federal Trade Commission Act (FTCA), a business must ensure that their representations are not misleading or unfair, and the entity must have data that supports all claims.

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Small business owners have a number of important considerations to make even before the enterprise is launched including selecting the appropriate business structure, securing the use of a name, obtaining the necessary licenses, and completing the required state filings. In addition to these concerns, it is crucial to create agreements among the owners and partners, none the least of which ...

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The greater the risk of being sued, the more necessary it becomes to file the necessary paperwork to form a Limited Liability company. This will limit the owner’s financial liability to the assets invested in the business. This means that, if a business gets sued, the business owner’s personal assets, like his or her home, automobile, personal bank accounts, and ...

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As most of us are aware, starting a new business is risky. The U.S. Small Business Administration reports that about half of all startups survive the first 5 years and only about one-third survive for 10 years. Having a knowledgeable business attorney at your back can make a tremendous difference.

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As a minority business investor, it is essential to have an investment strategy that will maximize your returns. Once an investment decision is made, it is critical that a target business will enhance value of a broader investment portfolio. At the same time, many minority investors are also business owners who know what makes for a successful enterprise.

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Whether an individual uses a personal vehicle for his or her own business or company owns a vehicle, the depreciation of value and costs associated with that vehicle may be deducted from the company’s income at year's end. A taxpayer must keep track of all of these expenses and document them by maintaining receipts and records of expenditures in order ...

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In this age of technological acceleration, when most people are constantly increasing the daily use of their computers to include banking, personal and business record-keeping, shopping and, medical and tax information, it is essential to include conversations about computer data in estate planning consultations.

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If you are starting a new business venture, it is vital that you assemble your team of advisors immediately. Many entrepreneurs are short on cash during the start-up phase and forego hiring of legal counsel or other professional advisors in order to preserve capital for other aspects of the business venture.

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Have you ever watched the TV show Disaster DIY on HGTV? The premise of the show is that many people have no idea what they are doing when it comes to home remodeling, but they try the “do it yourself” (DIY) approach anyway.

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