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Category Archives: Business Law
Legacy Lost: The Dwindling Family Inheritance
Ninety percent of family inheritance is often lost within just three generations, according to the Wall Street Journal (Lost Inheritance). By the end of the second generation — to be clear, that’s after your children have passed away — you … Continue reading
E-Commerce: “Physical Presence” Sales Tax Collection
You don’t have to look hard to find the advantages internet retailers enjoy over their brick-and-mortar counterparts — and I’m not just talking about the lack of a enraged landlord banging down the door for this month’s rent (not to … Continue reading
Posted in Business Law
Tagged business, Commerce Clause, E-Commerce, Internet Business, Internet Retail, Maryland, Online Business, Online Retail, Sales tax, Tax, Use tax
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8 Elements of an Effective Business Plan
In our series on starting a business, we have presented some important questions to consider and discussed why the first thing you should do is count the cash. Yet addressing these issues is just the bare bones of starting your … Continue reading
5 Steps to Limiting Personal Liability in Business
The LLC and corporation are popular business entities because they limit the owner’s personal liability for actions taken on behalf of the business – but they don’t just magically erase that liability. Rather, these entities require regular attention to maintain the owner’s liability … Continue reading
Breaking Even: It’s Sink or Swim for Your Business
Great ideas are fun to imagine, design and develop. But in business, no idea is worthwhile if it can’t make money. How do you know if your idea could make money? Honestly, you don’t. But don’t be discouraged! If you … Continue reading
