Choosing a business structure is a major decision, one that can have a lasting impact on your commercial enterprise. Limited liability companies (LLCs) offer numerous benefits to certain businesses, provided that the structure meets your specific needs. LLCs can also...
Whether in the realm of business or some other area, a strong and fair contract benefits all parties. A poorly conceived contract or one that includes an imbalance of terms favoring one party can prove unsustainable in the long run. While you want to protect your...
Business contracts facilitate sustainable relationships that work to your company's advantage. Seeing that these agreements provide optimal benefits requires you to carefully negotiate contract terms. When you know some strategies for negotiation you can approach new...
When you do business in most cases, you will use a business name. Operating under a business name requires you to register that name with the state. The Oregon State Legislature refers to a business name as an assumed business name, and it is any name you use for...
When you are just launching your new business, the choices you make at the start can have significant long-term implications for the success of your venture. Choosing the right business structure is among the most important decisions you face. Unfortunately, many...
When you were researching business organizations before forming your limited liability company, protecting your personal assets undoubtedly appealed to you. After all, if your LLC fails, your creditors typically cannot go after your personal wealth. This is not always...
When you decide to start your new business, deciding what type of business you will form represents the first decision you must make. Your decision will have long-lasting consequences, not only for your business but also for you personally. The IRS offers some...
You started your business because you wanted to bring something different or special to your industry in the form of a product or service. To maintain your competitive edge, you want to preserve your trade secrets and prevent them from getting into the wrong hands....
As you start off on your business ventures, one of the most important things to do is decide what form or structure you want your business to take. There are many options available, each with its own potential benefits and risks. One of the most popular options is a...
Facing litigation may rattle your operations and disrupt the workflow unless you strategize from the start. Knowing how legal involvement could impact your business can help you respond appropriately. The way you prepare for litigation may substantially improve your...