Category: Business Law
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Releasing Liability:
What You Should Know Before Your Business Uses a Release of Liability Some activities are inherently risky. Visitors of certain types of businesses such as ski resorts, gyms, and amusement parks know there is a chance they could get injured when they engage in the activities those businesses offer. To protect themselves against potentially costly…
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Essential Parts of Every Contract: A Guide for Professionals
Contracts form the bedrock of modern business relationships, providing structure, legal protection, and clarity to agreements between parties. While contract law has evolved over centuries, its core elements remain constant, ensuring a legally binding and enforceable agreement. As a professional, understanding these key components is vital to safeguard your rights and responsibilities under any contract.…
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Own Properties? Is an LLC the Right Move for Asset Protection?
As a business owner the standard formation recommended for asset protection is often the Limited Liability Company (LLC). This blog will explore the pros and cons of setting up a Rental Property LLC for the purpose of safeguarding personal assets from potential lawsuits. Understanding the Rental Property LLC:An LLC is a legal entity designed to…
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How to Properly End Your LLC: A Step-by-Step Guide
When entrepreneurs set out to form a limited liability company (LLC), the focus is typically on building a successful venture. However, there may come a time when the LLC has served its purpose, and its members consider winding it up. Whether due to a specific triggering event, administrative requirements, or judicial orders, ending an LLC…
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Grow and Go!
Safeguarding Your Business as You Grow Starting a business involves a certain level of risk, and entrepreneurs must be prepared to face various uncertainties. However, there are steps that can be taken to reduce risk and protect both the business and its owners. One of the key ways to mitigate personal risk is by choosing…
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Understanding Articles of Organization: A Guide for Business Owners
For small business owners, the Limited Liability Company (LLC) is a favored entity structure due to its flexibility in governance, tax benefits, and asset protection. However, to enjoy the legal benefits of an LLC, owners must file Articles of Organization with the state. In this comprehensive guide, we’ll delve into the essential aspects of Articles…
Sadity Esq 