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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5 Warning Signs of Employee Fraud

The signs of employee fraud include unexplained discrepancies in cash, and missing financial documents.

Business Reputation Management: What is it and How to Do it?

Managing a business reputation requires keeping an eye on how others perceive it by managing online information and public relations. This usually involves tactics such, as addressing customer feedback utilizing social media for marketing purposes monitoring online reviews and taking necessary steps to mitigate any potential damage in order to uphold a favorable image in the eyes of the public.

What Are The Best States For Incorporation?

This article provides a table with side by side comparison of the best states for incorporation.

Tax Benefits of LLC in California

In California, an LLC (Limited Liability Company) offers tax benefits such as pass-through taxation. This means that the company's profits are only taxed once at the individual members' personal income tax rates, avoiding the double taxation typically seen in corporations.

What Is Discretionary Spending? Examples

Discretionary spending is using money for nonessential expenses like going to the movies, streaming streaming subscriptions, and dining out.

Laws On Being On-Call for Work

On-call or standby time at the work site is considered hours worked for which the employee must be compensated even if the employee does nothing but wait for something to happen.

What does Separate Legal Entity Mean?

A separate legal entity means the company that is a corporation, Inc., LLC, is separate from the natural person (human) for legal purposes.

How To Find A Business Partner Who Will Boost Your Profits

The best way to find a business partner to boost profits is through networking events, industry associations, or professional connections. A business partner that will boost business profits is someone with complementary skills and expertise, aligning with your business goals and values.

What Is PMSI – Purchase Money Security Interest

A Purchase Money Security Interest (PMSI) gives a secured creditor priority over other creditors in the event of bankruptcy or liquidation.

What Are the Types of Revenue in Business?

There are six types of business revenue is a company’s total income from selling goods or services.

What is short term disability?

Short-Term Disability is private insurance that replaces a percentage of your income if an illness or injury prevents you from working.

What is cash flow projection and how to calculate it?

Cash flow is the net cash and cash equivalents transferred in and out of a company. To calculate cash flow, subtract a company's total expenses from its total revenue within a specific period, considering both operating and non-operating activities.

Clear vs TSA precheck: What is the difference?

The choice comes down to this benefit: For TSA PreCheck ($78), you do not need to remove shoes, laptops, 3-1-1 liquids, belts, or light jackets during the screening process. For Clear ($189), you bypass the line, but need to remove items and passing through a body scanner.

What are G&A expenses and meaning?

General and administrative expenses are accounting terms that include building rent, building expenses, wages, salaries, equipment and machines depreciation, etc.

How To Tell If $100 Bill Is Fake

Hold the $100 bill up towards a light source and look at the left side of the bill for an embedded thread that runs top down. Also, on the right side is a watermark of Benjamin Franklin. If any of the markings are missing, the bill is fake.

Sample Promotion Letter of Recommendation Template

A promotion recommendation letter discusses an employee's activity that supports active encouragement to an employee's career advancement.

Sample Professional Letter of Recommendation Template

A professional letter of recommendation is a formal document written by an employer on behalf of an employee that discusses a job applicant's suitability for a particular role in a field related to an employment opportunity.

23 Passive Income Ideas for Building Wealth

Passive income streams build wealth by generating consistent earnings without requiring your daily involvement.

Certified Articles of Organization: Everything You Want to Know

A certified copy of a company's Article of Organization is copy of a document such as Articles of Incorporation that was filed with a state's Secretary of State and that the state certifies as true and correct.

How To Become Registered Agent

A person or company can be a registered agent. There is no special license or permit to be a registered agent. However, you need to have the proper business licenses and permits.

How To Create A Powerful Competitive Analysis For Business Plan

Analyze your competitors' strengths and weaknesses and leverage your competitor's weaknesses by turning their weaknesses into your strength and business opportunities.

How To Onboard a New Employee

This article discusses and provides a list of tasks HR has to do to onboard a new employee to a company.

How To Introduce a New Business Partner (with Example Template)

To effectively introduce a new business partner, share the partner's credentials and name with your audience or reader. So that everyone knows the new partner's important to the company, you want to give a little warm praise without boasting.

How To Write an Effective Coffee Shop Business Plan

Learn how to write an effective business plan for a coffee shop business proposal.

How to Write An Effective Mission Statement

Learn how to write an effective mission statement for a business. A good mission statement tells your customers why the company exists with your vision, mission, and values.

Why A Business Plan Is Important

A business plan is essential because it helps entrepreneurs start a business and set business goals and guidelines for managing it. The purpose of a business plan is to guide entrepreneurs in starting a business and help them detail the company's goals and how to achieve them.