A limited liability partnership or LLP provides you and other members of your company with liability protection. According to the U.S. News, individual members are not liable for their partners' misconduct and are not liable for the partnership's liabilities. How is...
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Month: August 2021
Shareholders may file a legal action against SPAC managers
A Special Purpose Acquisition Company sells shares to investors through a public stock offering. As explained by the U.S. Securities and Exchange Commission, investment managers form SPACs by creating a shell company without business operations and listing it on an...
What to know about registering a business
Starting a new business requires action beyond coming up with a product or service idea and putting it to market. One such step that business owners take includes registering their business names. Understanding business name registration may help business owners...
What are the benefits of a business partnership?
When you open a business, deciding the business structure should be one of your top priorities. If you share your business venture with another party, you may want to consider a partnership. According to Business News Daily, you can form a partnership with two or more...
How small businesses can comply with the CAN-SPAM Act
The CAN-SPAM Act is a federal law that governs how companies can communicate with consumers through email. Violations of the act can result in costly penalties, exceeding $42,000 for a single offense. These tips from the Federal Trade Commission can help your small...
What are pros and cons of forming a successor business?
You might have formed a business in the past but a poor economy, bad marketing or perhaps just bad timing made it impossible for your company to succeed. But you feel confident that your ideas can still work, and you may plan on creating a successor company that picks...
Do you need a franchise lawyer?
Franchising can be a great way to become a business owner without having to go through all the hassle and headaches associated with starting a business from scratch. However, just because much of a franchise model is done-for-you does not mean you should not do your...
