Business Organization

What You Can Do Now to Prevent Expensive Legal Battles Down the Road

Time is money, especially when it comes to the law. A primary reason is that in the majority of cases, attorneys are paid hourly. And additional legal experience an attorney brings to table is typically reflected in the rate. Combine this with the fact that litigation is often a long and cumbersome process, and you …

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What are the Pros and Cons of a Sole Proprietorship?

A sole proprietorship is the simplest form of business entity. It requires no formal organization papers or formalities for conducting the business. Essentially, the individual functions as a business and is liable for all of the debts and liabilities incurred. A sole proprietorship is generally considered an informal business organization. That is, it does not require any …

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