Business Law FAQ

Frequently asked questions about business law.

  1. vanessas's Avatar

    For what type of business, or at what point in its progress, is insurance needed...

    by
    vanessas
    on 04-29-2011 at 02:35 PM
    For what type of business, or at what point in its progress, is insurance needed for a small startup?

    Any person who is thinking of starting a new business or who has launched a start-up should immediately consider the types of insurance he or she will need, rather than considering if they need insurance at when just starting out.

    If you have a business, protecting yourself at its birth will offer you the security and confidence you will need. It may also be required. ...
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    Is court the only option for resolving a business dispute?

    by
    vanessas
    on 04-19-2011 at 02:32 PM
    Many business disputes can be settled without the necessity of filing a complaint, paying court costs and attorney fees, serving the opposing party, and meandering through discovery procedures, motions, depositions and waiting for a trial date.

    In an eHow article, “How to Use Mediation to Resolve Conflicts,” Althea DeBrule examines alternatives to litigation. Here are two procedures to consider:

    Mediation

    • Mediation is a procedure whereby the parties ...

    Updated 05-03-2011 at 02:41 PM by vanessas

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    In beginning a home-based internet company where I'm the only employee...

    by
    vanessas
    on 04-10-2011 at 02:22 PM
    In beginning a home-based internet company where I'm the only employee, will filing for a sole proprietorship provide enough protection?

    Deciding whether to form an LLC or other corporate entity will depend on the type of business you are operating, even if you are the sole employee and the business is run out of your house and on your computer.

    Internetbusinessanswers.com in “Should I run my new business as a sole proprietorship,” explains some of the reasoning for ...

    Updated 05-03-2011 at 02:42 PM by vanessas

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    How can I protect myself legally while forcing the dissolution of a 50-50 business

    by
    vanessas
    on 04-04-2011 at 01:53 PM
    How can I protect myself legally while forcing the dissolution of a 50-50 business partnership that I no longer want to be a part of?

    Having realized that your 50-50 partnership is not working, you will want to protect yourself legally if there are disputes or complaints from third parties.
    Businessknowledgesource.com has some practical suggestions in “How to Peaceably Dissolve a Business Partnership.” Here are some noteworthy guidelines for protecting yourself:
    ...
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