In this video, you will get answers to these questions: What Is a Debt Workout? Why Would You Do a Debt Workout? Why Would a Creditor Like a Bank Allow the Business Owner to Pay Off the Debt for Less Than the Full Amount? Who Might Do a Debt Workout? When Is the Right Time…
What Are the Pros and Cons of Outsourcing to the Philippines? The pros of outsourcing to the Philippines include access to a large and talented workforce, cost savings on labor and other expenses, the ability to focus on core business activities, and the support of a well-developed business process outsourcing (BPO) industry. However, there are…
In this video, you will get answers to these questions: Can a lawyer take your case and withdraw if it doesn’t settle? How can you make sure a lawyer won’t withdraw from your case? What can you do to reduce the chances of your attorney withdrawing? What are your rights if an attorney withdraws…
In this video, you will get answers to these questions: What intellectual property information do app developers need to know? How do you get a copyright? What are trademarks for apps? How to register copyright and trademark? What are the things app developers need to know about contracts? What are the things app developers need…
In this video, you will get answers to these questions: How are lawyers permitted to charge legal fees under court rules? When does it make sense to spend more money on a higher-rate attorney? What specific situations would you hire an attorney with a lower rate? Video Transcript When is an experienced attorney worth the…
This article is designed to help you understand what to expect and how to prepare if you are representing yourself (without an attorney) in a Minnesota court trial. This information is for a civil lawsuit (not criminal). This information is for a trial before a judge, not a jury trial. This and the following posts…
This article answers common questions asked by people about landlord and tenant disputes. What are the rights and responsibilities of landlords and tenants? Both landlords and tenants have certain rights and responsibilities under the law. Landlords are responsible for providing a safe and habitable dwelling, complying with building and housing codes, and making necessary repairs…
This article answers common questions asked by people about regulatory compliance for companies. What is regulatory compliance? Regulatory compliance refers to the process of adhering to laws, rules, and regulations that apply to a company’s operations. These regulations may be industry-specific, such as financial regulations for banks or food safety regulations for restaurants, or they…
This article answers common questions asked by people about franchise law. What is a franchise? A franchise is a type of business arrangement in which the owner of a successful business model (the franchisor) grants the right to use the business model, brand, and intellectual property to another person or entity (the franchisee) in exchange…
This article answers common questions asked by people about mergers & acquisitions. What is a merger? A merger is the combination of two companies into a single entity, with one company surviving and the other company being absorbed into it. What is an acquisition? An acquisition is the purchase of one company by another company,…
This article answers common questions asked by people about financial litigation. What is financial litigation? Financial litigation is a type of legal dispute that involves financial matters. Financial litigation can involve disputes over contracts, loans, investments, insurance, bankruptcy, and other financial issues. Financial litigation can be complex and can involve significant amounts of money. What…
This article answers common questions asked by people about trade secrets. What is a trade secret? A trade secret is any information that is not generally known or readily accessible to others, and that has economic value because it is not known or readily accessible. Trade secrets can include a wide range of information, such…
This article answers common questions asked by people about finding angel investors. What is an angel investor? An angel investor is a high net worth individual who provides capital to a startup in exchange for ownership equity. Angel investors are often successful entrepreneurs or industry professionals who are looking to invest in and mentor early-stage…
This article answers common questions asked by people about startup funding. What is startup funding? Startup funding refers to the process of raising capital to start or grow a business. What are the different types of startup funding? There are several types of startup funding, including debt financing, equity financing, grants, crowdfunding, and government programs….
This article answers common questions asked by people about state sales tax audits. What is a state sales tax audit? A state sales tax audit is a review of a taxpayer’s sales tax records to verify the accuracy of the sales tax collected and reported. How does the state choose who to audit for sales…
This article answers common questions asked by people about IRS tax audits. What is an IRS tax audit? An IRS tax audit is a review of a taxpayer’s tax return to verify the accuracy of the information reported. How does the IRS choose who to audit? The IRS uses a variety of methods to select…
This article answers common questions asked by people about severance agreements. What is a severance agreement? A severance agreement is a contract between an employer and an employee that outlines the terms of the employee’s departure from the company. It may include provisions such as the amount of severance pay the employee will receive, any…
This article answers common questions asked by people about employee handbooks & HR policies. What is an employee handbook? An employee handbook is a document that outlines the policies, procedures, and expectations of an organization for its employees. What should be included in an employee handbook? An employee handbook should include information on company culture,…
This article answers common questions asked by people about how to do a trademark search. Why is it important to do a trademark search before choosing a business name or branding? It is important to do a trademark search before choosing a business name or branding because it can help you avoid infringing on the…
This article answers common questions asked by people about 501(c)(3) vs. 501(c)(4). What is the difference between a 501(c)(3) and a 501(c)(4) organization? A 501(c)(3) organization is a type of nonprofit organization that is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. These organizations are typically charitable, educational, scientific, or…
This article answers common questions asked by people about how to prevent scams in your company. What are some common types of scams that target businesses? Common types of scams that target businesses include phishing attacks, business email compromise (BEC) scams, invoice and payment scams, supply chain fraud, and intellectual property theft. How can I…
This article answers common questions asked by people about interrogatories. What are interrogatories? Interrogatories are written questions that one party in a legal proceeding may serve on another party. The purpose of interrogatories is to gather information and clarify factual issues in a case. What is the purpose of interrogatories? The purpose of interrogatories is…
This article answers common questions asked by people about being appointed to a board of directors. What is the role of a board of directors? A board of directors is a group of individuals who are responsible for the overall governance and strategic direction of an organization. They are responsible for setting policies and making…
This article answers common questions asked by people about establishing a board of directors. What is a board of directors? A board of directors is a group of individuals elected by the shareholders of a company to oversee the management and direction of the company. The board of directors is responsible for making strategic decisions,…
This article answers common questions asked by people about public benefit corporations. What is a public benefit corporation? A public benefit corporation (PBC) is a type of corporate structure that allows a company to pursue both financial and social or environmental goals. PBCs are required to consider the impact of their decisions on all stakeholders,…
This article answers common questions asked by people about employee stock ownership plans. What is a stock ownership plan? A stock ownership plan, also known as an employee stock ownership plan (ESOP), is a type of retirement plan that gives employees ownership in the company they work for through the purchase of company stock. How…
This article answers common questions asked by people about piercing the corporate veil. What is piercing the corporate veil? Piercing the corporate veil refers to the legal concept of holding the shareholders or owners of a corporation personally liable for the debts or obligations of the corporation. This is typically done when the corporation has…
This article answers common questions asked by people about shareholder derivative lawsuits. What is a shareholder derivative lawsuit? A shareholder derivative lawsuit is a legal action brought by a shareholder on behalf of a company to remedy a wrong or to protect the company’s interests. The shareholder brings the lawsuit in the name of the…
This article answers common questions asked by people about cooperatives. What is a cooperative? A cooperative is a business owned and controlled by a group of people who use its services or products. Cooperatives are based on the principles of democracy, equality, and solidarity, and are organized to meet the common needs and aspirations of…
This article answers common questions asked by people about limited partnerships. What is a limited partnership? A limited partnership is a business structure that consists of one or more general partners and one or more limited partners. The general partners manage the business and have personal liability for the partnership’s debts, while the limited partners…