01st February 2007
There are a variety of ways to structure the formation of a business. Partnerships and limited liability partnerships are two of the choices.
If you are currently running a business, you might be in for a surprise. If the business has two or more owne...
01st February 2007
If you start a business, you should strongly consider forming an entity to protect you from liability. Corporations and limited liability companies are two of the more popular choices.
The first thing to understand is a corporation is a different busi...
31st January 2007
General partnerships are often frowned upon as a business entity because they expose the partners to all kinds of liability exposure. The limited partnership may offer a solution to this problem.
A limited partnership is more or less what the name sug...
31st January 2007
There is a cliché that you should never go into business with your friends because they will soon become former friends. This is particularly true with business entity formations.
Starting a business is a positive move. One tends to think of the succe...
26th January 2007
In the modern digital world, identity theft is a serious concern. Avoiding identity theft is all about using your common sense.
Identity theft is simply what is says. Someone steals your identity for the purpose of using it for a fraudulent transactio...
26th January 2007
Wikipedia has become one of those odd internet sites that have evolved into a phenomenon. Alas, some companies don’t like what is written about them.
Unless you have been living offline, you probably know about Wikipedia. The site is a giant informa...
26th January 2007
Google must be wondering what it has gotten itself into. YouTube is in trouble again after receiving a subpoena from Fox for posting episodes of the show 24.
Fox has a number of shows that are very popular with viewers. American Idol is obviously the ...
26th January 2007
When it comes to identity theft, there are many ways for thieves to get their hands on your information. If you shopped at TJ Max or Marshalls recently, you may have a problem.
TJ Max and Marshalls are two popular retail stores that can be found in pr...
26th January 2007
When it comes to downloading music on the web in a legal fashion, Itunes is the undisputed leader. Well, maybe not in Norway.
Norway has a unique set of laws related to technology, particularly as it applies to the web. One set of laws tries to create...
25th January 2007
One of the more popular business entity choices these days is the limited liability company. If you intend to be the only owner, you need to understand something about a tax issue.
The limited liability company has really revolutionized the world of b...
25th January 2007
If you are going into business, the smart move is almost always to form a business entity to protect you from lawsuits. If you take this step, you need to get a tax identification number for the entity.
Let’s face it. There is a certain amount of le...
23rd January 2007
If you take down a lease for a business, the lease agreement will shock you. It is the size of a small phone book, and the most important page is usually buried in the back.
Assume you have a business. Assume further that you wisely decided to form a ...
23rd January 2007
If you are smart, you will form a business entity for your business start up. The question, however, is how do you find investors and what do you sell them in exchange for critically needed money.
For the purposes of this article, let’s assume you fo...
23rd January 2007
Starting a business with multiple owners is fairly commonplace. If you are not careful, however, it can lead to major problems down the line.
A business is really an idea when you get down to the fundamental aspects of it. While practically everyone w...
18th January 2007
When businesses decide to incorporate, there are a lot of issues to confront. One of them is designating the agent for service of process. The problem is most people don’t know what this is!
A corporation is a formal business entity. Under long estab...