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Attorney Amyli McDaniel looks at some of the biggest blunders made by entrepreneurs when operating a small business in this article from the Small Business Legal Advisor. But probably more appropriately, this article also looks at how to avoid them. Hopefully, if you've already made these mistakes this article will help you to do what it takes to make things right again. If you're just starting i Read More
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Here are six steps to protect your small business trade secrets starting with identifying the data critical to protect for your business's success and ending with the process of litigation if this information is compromised. The list of steps comes from the Barbara Weltman Website. A tax and business attorney since 1977, Barbara has made a name as a great source for small business advise. Her sit Read More
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Jeff Wuorio of the Microsoft Small Business Center lays out seven reasons your small business might need to call a lawyer and interestingly not one of them deals directly with your business being sued. Be aware that while some business experts might insist that retaining a lawyer is a necessary step at any point in the creation of your small business, remember to use common sense. If you are just Read More
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Tax expert Tom Choisnet talks about deducting your small business home office and discusses some of the considerations in this video from eHow. The deduction requires adequate record keeping and should allow small business owners to deduct a portion of the cost for upkeep of their home so long as the home office remains the primary place of business. Depreciation is also possible for the home off Read More
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Right now, hiring an attorney for your small business startup may be the furthest thing from your mind. After all, why hire an attorney when you haven't made any money yet and you're just starting out? But according to this video on LawInfo, hiring an attorney at the outset when starting your company can cost less than you might think and save you from costly mistakes early on. It's quite amazing Read More
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Choosing between an S Corp and LLC for your small business can be an important early business decision. Karen J. Lange of The Company Corporation helps simplify the issue in this helpful article posted at the National Federation of Independent Business Website, a great source for numerous legal tips small business owners may find helpful. Membership is necessary to view some but not all content o Read More
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This podcast from the law firm of Chorey, Taylor & Feil looks at your business's options, obligations and possible reaction in the unhappy event of being sued. The podcast goes over how to choose an attorney to represent you, how to deal with your insurance company when sued, how to collect and record the necessary documentation for your defense and how to monitor the case to be it is being handl Read More
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When learning how to find small business legal advice online, the first and most important step may be to realize that just like searching for a lawyer in the real world, care must be taken to make sure the information you get is correct. In this article from SmallBusinessComputing.com you can read about your options when seeking legal help on the Internet, but remember that the best advice is us Read More
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If you want to learn how to insure your small business, read this article from Entrepreneur.com. A big part of choosing the right insurance for your business is properly assessing your need. Be sure you understand the potential difficulties your business may face and how to protect against them in the best way possible. Read More
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A well-drafted contract spells out the rights and obligations of each party and protects you and your business to the most practical extent. A good contract can increase your business, earn you respect, and make you money. A bad contract, on the other hand, can be disastrous. These nine tips will give you a head start. Read More
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