Deciding from a list of business structures isn’t the most ideal first step in business, but it is a necessary one. This decision can have significant financial and tax implications for your business, so it’s important to choose wisely. The most common types of business entities are sole proprietorships, partnerships, limited liability companies (LLCs), and…
Starting a nonprofit organization can seem like a daunting task, but with a little planning and effort it can be done successfully. Of course, having legal counsel to assist you through the process can make a huge difference – see support for nonprofits. Nonprofit organizations are formed for a variety of purposes, including religious, charitable,…
More and more, CEOs are turning to Fractional General Counsel for help with strategic business decisions. Utilizing, a business lawyer in this manner is often overlooked. After all, CEOs have plenty of other advisors, from financial experts to marketing gurus. And, it is also true that many business lawyers understand the law, but they do…
As the head of a nonprofit, you wear many hats. You are responsible for everything from fundraising to program development to managing staff. With so many balls in the air, it is easy to let some things fall through the cracks. But there is one area you cannot afford to neglect: legal compliance. 5 Reasons…
There are many reasons why businesses choose to merge or acquire other businesses. Some reasons include: Business owners must carefully consider all of these factors before deciding to merge or acquire another company. The decision can be a complex one, but oftentimes the benefits of merging or acquiring another business outweigh the risks. 8 Reasons…