Recent Articles

Legal Issues for Small Businesses

Almost every small business must deal with legal issues during operations. Most of them are compliance in nature, filing proper documents with authorities etc. Others include negotiating contracts and agreements between the business and other entities. Some legal issues go beyond the knowledge of the owner and require assistance from counsel.

Partnership Agreements – An Introduction

01/09/2014

There is a tremendous amount of information to convey to fully understand partnership agreements.  This is the first in a series of articles related to partnership agreements.  Throughout this series I will explain the various sections and issues [...]

Exempt and Non-Exempt Employees

12/09/2013

The Federal Labor Standards Act of 1938 sets the standards as it relates to Exempt and Non-Exempt employees and their associated compensation and work standards.  The Labor Standards Act is located in Chapter 20 Section 201 of the Federal Code.  [...]

Piercing the Corporate Veil

06/01/2013

When shareholders invest into a corporation, there is an expectation of limited losses amounting to the financial investment made.  However, if the company is not properly run, officers, directors and shareholders are exposed to the blade of the [...]

Why You Should Incorporate Your Business

03/19/2013

As a small business grows, there comes a time when the owner(s) should consider incorporating the business.  A corporation is a separate entity recognized by the state of domicile for the business.  It is as if a new life is created.  The state [...]