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LLC's: Where do the profits go? By : lawprofessor A limited liability company, or LLC, has a very unique personality, one that may take some getting used to for Americans. There is the partnership/sole proprietorship and the corporation. And then there is the LLC, which combines the benefits of both of these structures and in effect, is has its own identity. One of the key aspects of an LLC that is so different than in any other business structure is that the terms "shareholders" and "partners" can be tossed out and replaced with "members." How To Get Commercial Legal Cash Advance – Business Litigation Funding By : 99% of plaintiffs involved in commercial lawsuits do not realize they can get lawsuit cash advance before their case settles. Commercial Lawsuit funding is also called as lawsuit loan, legal finance, legal funding, litigation funding, lawsuit funds, legal cash advance, pending lawsuit loan and lawsuit settlement cash advance. But these are not loans because the money does not have to be paid back unless the case is won or settled. Product Liability - The Four Factors Needed to Make Your Case By : Arthur Gueli There are different rules that deal with injuries caused by products. This section takes a close look at what these rules are and how they can streamline the claims process. Business Wisdom for a Young Company: Get Legal Counsel By : Michael Lee-Smith Starting a new business? Then be sure to include a business lawyer in your planning. Business attorneys provide an essential service that touches on almost every part of your business, from human resources, to bylaw compliance, to incorporation documents, to dealing with lawsuits and understanding liability. Companies House - How to beat Company Identity Theft By : Phil Smith The recent increase in media interest in personal identity theft has provided a reminder that company identity theft at Companies House is still a major problem for UK limited companies. These companies are being encouraged to proactively take action to deal with company filing fraud at Companies House. Understanding Florida's Department Of Business And Professional Regulations By : David Gass Explains the operations of Florida's Department of Business and Professional Regulations and how they relate to corporations. Understanding The Different Types Of Corporate Resolutions By : David Gass Explains the different types of actions that qualify as resolutions that must be passed by the board of directors or the shareholders. Understanding Which Corporate Activities Need Resolutions By : David Gass Lists some of the more important activities that need resolutions passed in order to be done. Your Internet Business and the Law By : Stephen Wright Ownership of an internet business website can be a legal nightmare. To protect yourself, you need to be aware of a few basic issues and requirements. This article provides a few suggestions for covering these issues. What You Should Know About Patent Registration By : Masni Rizal Mansor There is one kind of home business that is very different to any other: that of the inventor. If you’ve invented something, the chances are that you don’t have the resources to mass-produce it yourself – you’ll be needing to send the plans and designs off to someone else to make in their factory. When you do this, though, how can you protect your idea against theft by them, or anyone else who might see it? The answer is patent registration. Business Incorporation Services By : Henry Apruk In business incorporation services, you have a choice on how to go about the process of incorporating your business. You can complete the steps yourself, use an incorporation service provider or have an attorney complete them for you. Learn how. Equity: The Golden Handcuffs By : Paul Lemberg Last month, I wrote about positioning your company to attract and keep top performers. One very effective way to do both is to compensate your key employees with equity. Performance pay has become a critical factor in keeping top talent; combine it with a sense of ownership and a stake in the future of the business, and you've got a powerful set of incentives. That is what equity does. The basic theory behind equity compensation is simple: generously pay your people in ... Patents – American Greatness By : Chuck Crawford We all know what a patent is in general, but how much do you really know about patents and how they have shaped America? Our advances in technology here in America have surpassed that of all other countries combined. Many do not like to hear that, but it is a fact, and it has more to do with how America moved ahead of other countries economically than any other factor and still does today. In this article, I will cover many of the advances made by American Inventors throug... About Employment Insurance By : Robert Thatcher It has often been said that bad things can happen to you even without your cooperation. That can also be said about jobs and careers. Shortage of available work, mass lay-off and retrenchments, reorganizations and mergers, in today fast pace anything can happen. When it comes, the experience can be devastating for many, made worse when savings are not enough, debts are high and payments are in arrears. Being prepared is always the best way to cushion the effects of loosing... How To Avoid The Legal Pitfalls By : Jeffrey Benson No matter who you are you will make mistakes at some point in your business life and unfortunately the law is not very forgiving - ignorance is not a defence. Here are some of the common pitfalls to watch out for when setting up your own business. The Squeeze-Out or Buying out a Minority Interest Shareholder at an Unfair Price By : Dave Kauppi If you are a minority interest shareholder in a privately held company you need to be aware of some warning signs of bad behavior on the part of the majority shareholders. If you find yourself in a Squeeze-Out, you may have some legal remedies, but you face an expensive and uphill battle. This article describes, unfortunately, a fairly common situation. Shareholder Agreements and Buy Sell Agreements - The Business Valuation Formula By : Dave Kauppi If you are a minority interest shareholder in a business, it is critical you understand what you are signing when you execute the shareholder agreement. If you have already signed one and are looking to exit the company and cash in your stock at fair value - good luck. Affiliate Marketing: Know The Can-Spam Act By : Daniel Detlaf The amount of false information available about e-mail marketing on the net is staggering. If you are advertising your affiliate program through e-mail campaigns, make sure you know what your responsibilities are. The lawless days of spam e-mail are over, at least for U.S.A. based advertisers. The CAN-SPAM Act of 2003 (Controlling the Assault of Non-Solicited Pornography and Marketing Act) sets forth specific requirements for advertising via e-mail. The law has been tested... Tax Advantages Of Incorporating A Business By : Stephanie Hetu The tax advantages of incorporating a business is one of the main reasons that owners choose to incorporate their businesses, no matter what market they work in. Other types of businesses, such as sole proprietorships, are not afforded nearly as many tax advantages as an incorporation. A move called income shifting is one that helps the business, and its owners, immensely. This is a method in which the total income of your corporation is divided among its members. How doe... How to Work With Your Intellectual Property Lawyer By : Intellectual property law is a daunting challenge to even the most seasoned business person. How does one choose the right way to protect your most coveted assets; your intellectual property? Here are a few pointers that can help. Bedroom Internet Millionaires and Asset Protection By : Mark Walters Explains how those building income producing internet businesses should operate from asset protection entities. Prenuptial Agreements: Protect Your Family Business By : Hannibal Whitestone Imagine this scenario. You have worked very hard to build up a small business for yourself. You are your own boss and your business is running quite successfully. The only thing missing from your life is someone to share it with. You finally meet that special someone and choose to get married. But before you make that step, you start to wonder about this life you have built for yourself. Does she really love me? What can you do to make sure that you don’t lose everything you have worked so hard for?

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