As a business owner, you must navigate an increasingly complex framework of federal, state and local laws. Staying on top of these laws can consume a significant amount of your workday. Ideally, you would hire in-house counsel to do the job for you, leaving you free...
Business Formation
Should your business register as a limited liability company?
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...
Avoid these mistakes when choosing a business structure
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...
3 ways to keep your LLC’s corporate veil intact
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...
What options do you have when starting a new business?
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...
Is an LLC right for you?
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...
What should your partnership agreement address?
Working with a partner has many benefits that you should consider when launching your business venture. You can work together to share important duties and you will have twice the brainpower to work out complex problems. However, you will need a foundational document...
Can an employee handbook help your business avoid litigation?
When it comes to helping your Oregon business avoid wasting precious time and money on litigation, a little bit of prevention often goes a long way. An employee handbook is an important tool for any size company to have. Having a carefully drafted handbook in place...
How is a joint venture different from a partnership?
You may want to share your business with another entrepreneur, perhaps to the point of forming a partnership. However, not all business ventures consist of partnerships. The nature of your professional relationship with another person or business might constitute a...
What are the benefits of a limited liability partnership?
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...
