What You Need to Know About Covenants Not to Compete When you put a lot of time and money into a business—developing the product and packaging, building a customer base, and formulating the most effective marketing strategy—you don't want an ...

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Factors Involved in Business Formation When you establish a new business enterprise, you have a number of options with respect to legal structure. The ultimate decision depends on several factors. Ownership Structure Determine the number of owners ...

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When Must a Commercial Agreement Be in Writing? In business, many ventures and transactions are initially sealed verbally or with a handshake. Are there commercial agreements that must be in writing? For centuries, oral agreements have been valid ...

Necessary Steps to Protect Your Enterprise An S corporation can provide a number of benefits to a startup business: You can limit liability to the amount of your investment. You can avoid taxation at the corporate level. Ownership can typically ...

The Purpose of a Shareholder Agreement | The Important Provisionsof a Shareholder Agreement When you're setting up a new business enterprise, it can be easy, in the excitement of the moment, to assume that you'll always get along with everyone else, ...

Assistance Would Be Available as Grants Instead of Loans The $1.9 trillion stimulus plan proposed by President Biden would include substantial assistance for small businesses that have been hit particularly hard by the coronavirus pandemic. In ...

Congress Renews Paycheck Protection Program with Some Changes On December 27, 2020, a second federal stimulus package was signed into law, with some specific measures to help beleaguered small businesses weather the economic challenges brought about ...

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