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

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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

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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

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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

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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

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