Business Law Articles

Learn and discover the latest useful business law articles for practical information, DIY, and ideas from a network of leading business and corporate lawyers.

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Part-Time Business Ideas

Nakase Wade business attorneys in Los Angeles identified 23 part time business ideas that our clients are successfully operating at a profit.

How To Trademark Business Name

To register a trademark in California, submit an online trademark application to the Secretary of State.

Reimbursing employee expenses

Under California employment law, employers must reimburse employees for all necessary business expenses incurred by the employee in direct consequence of the discharge of his or her duties or of his or her obedience to the directions of the employer.

eBay vs. Amazon Business Model

The difference between eBay and Amazon’s business models is that eBay operates like an auction house, and Amazon operates like a retail store.

How Do I Sell Myself in 30 Seconds

One of the most important skills an entrepreneur can have is selling themselves. Entrepreneurs in all industries should be able to pitch their ideas and their potential to fulfill their goals. However, individuals should be able to pitch themselves quickly: ideally in 30 seconds or less.

Common Reasons for Business Partnership Dispute Litigation

It is common for business owners to have disputes concerning ownership percentage, control of the business, or business management. Solving the ownership dispute is key to preserving the company.

What Does Due Diligence Mean in Business

The definition of due diligence is the exercise of reasonable care in examining a company’s financial statements, invoices, receipts, income, and bank statements and comparing competitors’ benchmarks.

Self Employed Jobs

What are the best self-employed jobs for new entrepreneurs? Freelancing is the best way to start working for yourself from home. This article provides a list of self employed jobs to start working from home. 

What Percentage of Businesses Fail?

An estimated 1 in 5 businesses in the U.S. fail within the first year, and nearly 50% fail within the first five years. (U.S Bureau of Labor Statistics)

What is a Loli?

Loli means a young girl, underage girl, or childlike female character, particularly in the lolicon genre. The term loli is often used in connection with males attracted to young girls that leans towards erotic characteristic. The loli subculture has its origin in Japanese anime and manga.

What Does a Trustee Do?

A trustee acts as a legal owner of the assets held within a trust and assumes fiduciary responsibility by managing the trust's assets for the trust's purpose.

Suing a business partner who stole money from a joint account and emptied the bank account.

A business partner who stole money from a bank account may be liable for embezzlement and ground to sue. You may sue a business partner for breach of fiduciary duty for stealing emptying a joint account.  

Removing Partner from LLC

The process of removing a partner from an LLC may be found in the partnership agreement, the LLC operating agreement, or the LLC Article of Organization. Alternatively, the withdrawing LLC member may give written notice of withdrawal.

Fiduciary Responsibility Definition

A fiduciary is an organization or person that acts on behalf of another person and has an obligation to put that person’s best interest first and above the fiduciary’s interest. A fiduciary owes the beneficiary a fiduciary duty, the highest standard of care in law and equity.

What Type of Business is a Partnership?

A business partnership is a business owned by two or more people. A business partnership is generally created by a formal agreement where two or more owners jointly operate and manage a company.

Grounds for suing a business partner

You can sue your business partner if the partner stole, sabotaged the business, took money without permission, abandoned, embezzled, committed fraud, or breached a fiduciary duty.

Partnership vs Joint Venture

Joint ventures are distinguishable from partnerships because joint ventures generally involve two or more companies combining their resources for a limited business scope and aim. A partnership comprises of two or more persons working together in business.

Why Do I Need a Business Headshot?

A quality business headshot can help give your best first impression to earn a client’s trust. A quality head demonstrates your professionalism.

Why Are Headshots Expensive?

What is expensive is relative. Some people find $100 for a headshot expensive, while large companies do not. Professional photographers invest in their trade for the ability to create excellent photographs by touching up the images.

Who Gets The Profit In A Partnership?

The business partners in the company get the profits according to their ownership percentage. If no document states the ownership percentage, the profits are divided equally among partners.

Is a Professional Headshot Worth It?

A professional corporate headshot can elevate first impressions and earn your client’s confidence. A professional headshot is absolutely worth it when the photographer is good and the price reasonable.

How Does Alibaba Work?

Alibaba is a Chinese company that is a wholesale marketplace similar to Amazon but for buyers looking to negotiate and buy at wholesale price directly from the manufacturers.

How to Remove Someone From a Business Partnership

First, consult with the partnership agreement to remove a partner from a business partnership. If the agreement is silent, then consider a buy-out. If a buyout is not possible, dissolve the business partnership.

Do you need a business license to sell on Amazon?

In many cities and states, including California, selling on Amazon requires obtaining a business license, TIN, licenses and certificates. A business license is also known as a business permit in many cities.

How Do You Enforce A Verbal Contract In Court?

The plaintiff must show evidence of the contract terms and conditions to enforce verbal contact. Courts enforce contracts when the agreement complies with the statute of fraud to be enforceable.  

Shareholder Dispute: What is it and shareholder’s rights [2023]

What is a shareholder dispute? A shareholders dispute is a disagreement between corporate shareholders about the corporation’s operation, finance, and management. When shareholders’ dispute is not resolved amicably, it may lead to litigation.

Where Can I Advertise my Business for Free?

Adding your business and website to the following free advertising websites is easy, fast, and free: Google My Business, Yelp, Bing, Fiverr, Etsy, Apple Maps, BBB, etc.,

What Are My Rights As a Business Partner?

Your rights as a business partner include shared decision-making, business operations, and management as a business partner unless these rights are waived. Business partners owe a fiduciary duty, a duty of loyalty and the duty of good faith to each other and the company.

How Do You Prove a Business Partner is Stealing?

To prove a business partner stealing or committing fraud, you must prove that your business partner knowingly misrepresented a fact as true, you reasonably relied on the lie, and you sustained damages from the lie.

What is a Business Headshot?

A business headshot is a photograph of a person to create a personal brand. A professional headshot is taken by a photographer of the subject’s upper body.
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