Archive for Small Business Law

Business Laws: – What you need to Know about it

Small Business Lawon September 25th, 2009No Comments
There are myriads of things you must think about when opening any type of business whether it is a small business or a large corporation and one of those is how business law may affect you. Failure to pay attention to business and corporate law can land you in a world of trouble-both legal and financial. The good news is that you do not necessarily need to be a graduate of a fancy business law college or have a business law major to brush up on the basic ideas of small business law and corporate business law. If you’ve paid attention to the headlines lately, you probably know that employment law for business is one of the number one areas where you can get into trouble if you aren’t up on all the employment laws and regulations. There are numerous laws that govern the employment of both regular employees and contract employees. Just for a broad overview, take a look at all the employment business laws you must meet: • Civil Rights Act of 1966. • The Equal Pay Act of 1963 • Americans with Disabilities Act • The Immigration Reform and Control Act of 1986 • The Age Discrimination in Employment Act • The Equal Employment Opportunity Act • The Bankruptcy Act • The Occupational Safety and Health Act • FMLA, the Family Medical Leave Act • Employee Polygraph Protection Act Labor Law • FLSA, the Fair Labor Standards Act And that’s not even counting the various state employment business laws that might apply to your business! If you aren’t sure of whether you are meeting all the regulations, it’s a good idea to get a checkup for your HR department. Do you happen to work in the international arena? If you have anything at all to do with international business, then you should be aware of the many ways in which international business law can affect you, your business and your bottom line. At a minimum, you need to make sure that you meet general international business laws, specialized export laws, import laws and any laws of the foreign country in which your business operates. And what about the business law scene at home? Were you aware that in addition to Federal business law and international business law, you are probably required to meet State business law regulations? Do you know whether you need a business permit or license? Failure to obtain one can result in the shutdown of your business and hefty fines and penalties. This is just one of the ways that state business law, such as California business law, can affect the health of your business if you aren’t careful to stay on top of things. Finally, what about Internet and online business laws? Were you even aware that there was such a thing? The Internet has exploded so much in the last decade that the government has found it necessary to institute Internet compliance laws. If you operate a website of any kind and do not meet the compliance regulations, that site could be shut down and you could face criminal prosecution and hefty fines. Of course, no one should ever attempt to navigate the complexities of any type of business law alone and the best course of action is to always seek the qualified professional advice of a business law firm, but hopefully these tips will help you to understand a little bit more about business law requirements. Summary: When operating a business, regardless of whether it is a small business or a large corporation, you need to be on top of business law compliance. Even if you hire a business law firm, it’s still a good idea to understand what regulations you must meet.

There are myriads of things you must think about when opening any type of business whether it is a small business or a large corporation and one of those is how business law may affect you. Failure to pay attention to business and corporate law can land you in a world of trouble-both legal and financial. The good news is that you do not necessarily need to be a graduate of a fancy business law college or have a business law major to brush up on the basic ideas of small business law and corporate business law.

If you’ve paid attention to the headlines lately, you probably know that employment law for business is one of the number one areas where you can get into trouble if you aren’t up on all the employment laws and regulations. There are numerous laws that govern the employment of both regular employees and contract employees. Just for a broad overview, take a look at all the employment business laws you must meet:

• Civil Rights Act of 1966.

• The Equal Pay Act of 1963

• Americans with Disabilities Act

• The Immigration Reform and Control Act of 1986

• The Age Discrimination in Employment Act

• The Equal Employment Opportunity Act

• The Bankruptcy Act

• The Occupational Safety and Health Act

• FMLA, the Family Medical Leave Act

• Employee Polygraph Protection Act Labor Law

• FLSA, the Fair Labor Standards Act

And that’s not even counting the various state employment business laws that might apply to your business! If you aren’t sure of whether you are meeting all the regulations, it’s a good idea to get a checkup for your HR department.

Do you happen to work in the international arena? If you have anything at all to do with international business, then you should be aware of the many ways in which international business law can affect you, your business and your bottom line. At a minimum, you need to make sure that you meet general international business laws, specialized export laws, import laws and any laws of the foreign country in which your business operates.

And what about the business law scene at home? Were you aware that in addition to Federal business law and international business law, you are probably required to meet State business law regulations? Do you know whether you need a business permit or license? Failure to obtain one can result in the shutdown of your business and hefty fines and penalties. This is just one of the ways that state business law, such as California business law, can affect the health of your business if you aren’t careful to stay on top of things.

Finally, what about Internet and online business laws? Were you even aware that there was such a thing? The Internet has exploded so much in the last decade that the government has found it necessary to institute Internet compliance laws. If you operate a website of any kind and do not meet the compliance regulations, that site could be shut down and you could face criminal prosecution and hefty fines.

Of course, no one should ever attempt to navigate the complexities of any type of business law alone and the best course of action is to always seek the qualified professional advice of a business law firm, but hopefully these tips will help you to understand a little bit more about business law requirements.

Summary: When operating a business, regardless of whether it is a small business or a large corporation, you need to be on top of business law compliance. Even if you hire a business law firm, it’s still a good idea to understand what regulations you must meet.

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By: jsolutions014

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My name is Sandesh Ajgaonkar.



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When to hire a Small Business Lawyer

Small Business Lawon September 15th, 2009No Comments
A small business can not afford to keep a lawyer on its payroll, full time. But, a small business should not become incorporated without consulting a business lawyer and getting the business set up properly with the state that the small business wants to become incorporated in. There are ready made documents that a small business can fill it and incorporate itself without a lawyer, but that is the surest way to lawsuits and irregularities that might show up when trying to apply for a small business insurance policy. At any event, introducing yourself to a lawyer when beginning a business and keeping him on a retainer is inexpensive and can save the small business lawyer unnecessary stress if confronted by a legal situation.

What a small business owner should keep in mind is that a small business lawyer is bound by ethics that he shouldn’t violate without risking his own license. A small business lawyer kept on a retainer should be treated like a highly respected officer of the law, which is after all what a lawyer is. Once you have a lawyer on a retainer you can refer lawsuits, harassing clients, or make inquiries into legal proprieties before submitting a contract. A small business owner is knowledgeable about the products and services that he sells, he is not expected to be knowledgeable about business law, company law, or corporate law.

It is also advisable when facing an IRS audit to contact your small business lawyer. If he is not qualified to help you, he should be able to advise you on who to contact for assistance. You should never face an audit alone without your lawyer present. If you are being sued, you should never deal with the suers lawyer or the one suing you personally. You might find yourself being sued for negligence and be found guilty just by talking to the one suing you as if you are admitting fault. Never let yourself open to charges of harassment by thinking that you are being nice by accepting a direct call from a lawyer of from an individual who is suing you in court.

If you want to settle out of court, let your small business lawyer handle the situation. There are many cases where small business owners tried to settle out of court and ended up being charged for attempting to bribe their way out of a lawsuit. Anyone who is suing you is not going to be taken in by an offer of money to settle out of court unless the offer is made by lawyer talking to another lawyer.



By: Jack Wardin

About the Author:

Jack writes about small businesses and lawyers for small businesses.



business mediation

Business Laws Unveiled

Small Business Lawon July 31st, 2009No Comments
Each and every person in this world must have at least once thought about opening some sort of business to increase his or her income. No matter if you are thinking about opening a small family business or a larger company, you cannot do anything but obey the business laws! If you don’t, you and your business can get into serious trouble!

In case you are under the impression that you need to be a graduate of a business law college or have a business law major in order to understand and use some of the basic ideas of small business law and corporate business law, you are making a very big mistake. Perhaps you have heard form the news and the headlines that employment law for business is one of the most dangerous fields, as a person can easily break the business laws and regulations.

The least any business man should know is that he or she must meet the general international business laws. You must also consider the export laws, import laws and but, by all means, one must obey to the specific laws of the country in which your business is situated.

Should you own a company that operates in your home country, then you must get to understand the business laws there. If you cannot manage to get a business permit or license, you can find yourself in a great amount of trouble, as your business can get shut down. Not to speak about the inconveniences due to business and hefty fines and penalties!

If you thought that Internet and online businesses do not need to take these rules seriously, then you can have the unpleasant surprise of getting serious problems. Of course these types of business need to obey the business laws, but they are called Internet compliance laws. Therefore, should you be operating a website of any kind and do not care about all these rules and regulations, criminal prosecution and hefty fines are waiting for you right across the corner.

Well, if all these bad things have made you fear doing business of any kind, you must know that no one expects you to be able to navigate the complexities of any type of business law by yourself! The best option for you is asking for help from a qualified professional of a business law firm. This way you will never get into trouble of any kind!



By: Dalvin Rumsey

About the Author:

Masud & Company LLC is a boutique law firm dedicated to providing cost-effective solutions to their clients in the fast-paced, ever-changing world of business, finance and the internet. Business LawInternet Law .



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Business Laws: What You Need to Know

Small Business Lawon June 19th, 2009No Comments
There are a myriad of things you must think about when opening any type of business whether it is a small business or a large corporation and one of those is how business law may affect you. Failure to pay attention to business and corporate law can land you in a world of trouble-both legal and financial. The good news is that you do not necessarily need to be a graduate of a fancy business law college or have a business law major to brush up on the basic ideas of small business law and corporate business law.

If you’ve paid attention to the headlines lately, you probably know that employment law for business is one of the number one areas where you can get into trouble if you aren’t up on all the employment laws and regulations. There are numerous laws that govern the employment of both regular employees and contract employees. Just for a broad overview, take a look at all the employment business laws you must meet:

• Civil Rights Act of 1966.

• The Equal Pay Act of 1963

• Americans with Disabilities Act

• The Immigration Reform and Control Act of 1986

• The Age Discrimination in Employment Act

• The Equal Employment Opportunity Act

• The Bankruptcy Act

• The Occupational Safety and Health Act

• FMLA, the Family Medical Leave Act

• Employee Polygraph Protection Act Labor Law

• FLSA, the Fair Labor Standards Act

And that’s not even counting the various state employment business laws that might apply to your business! If you aren’t sure of whether you are meeting all the regulations, it’s a good idea to get a checkup for your HR department.

Do you happen to work in the international arena? If you have anything at all to do with international business, then you should be aware of the many ways in which international business law can affect you, your business and your bottom line. At a minimum, you need to make sure that you meet general international business laws, specialized export laws, import laws and any laws of the foreign country in which your business operates.

And what about the business law scene at home? Were you aware that in addition to Federal business law and international business law, you are probably required to meet State business law regulations? Do you know whether you need a business permit or license? Failure to obtain one can result in the shutdown of your business and hefty fines and penalties. This is just one of the ways that state business law, such as California business law, can affect the health of your business if you aren’t careful to stay on top of things.

Finally, what about Internet and online business laws? Were you even aware that there was such a thing? The Internet has exploded so much in the last decade that the government has found it necessary to institute Internet compliance laws. If you operate a website of any kind and do not meet the compliance regulations, that site could be shut down and you could face criminal prosecution and hefty fines.

Of course, no one should ever attempt to navigate the complexities of any type of business law alone and the best course of action is to always seek the qualified professional advice of a business law firm, but hopefully these tips will help you to understand a little bit more about business law requirements.

Summary: When operating a business, regardless of whether it is a small business or a large corporation, you need to be on top of business law compliance. Even if you hire a business law firm, it’s still a good idea to understand what regulations you must meet.



By: Arvinder Jeet Singh

About the Author:

For More Free Resources visit www.greatindustrialguide.com

For More Free Resources visit www.greatindustrialguide.com



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In a Unique About Face, Small Business Takes Offensive Against Big Bank

Small Business Lawon June 4th, 2009No Comments
FOR IMMEDIATE RELEASE

Contact: Delaney Law 312-276-0263 Ext. 242

E-mail: media@delaney-law.com

Lawsuits & TRO Motion at www.delaney-law.com

Bank of America – Here We Go Again!

In a Unique About Face, Small Business takes Offensive Against Big Bank

(Chicago, Feb. 4, 2009)    Today, Chicago based La Guadalupana Wholesale Co. Inc. is taking emergency legal action, in the form of a Temporary Restraining Order, against Bank of America claiming the bank has illegally and purposely damaged its business and reputation. 

La Guadalupana has been with Bank of America since 2006. Financial troubles arose in 2007 and La Guadalupana has been working toward settlement with the bank since July of 08, but claims Bank of America didn’t honor its end of the bargain. “Very recently, we discovered Bank of America has deliberately interfered with our clients’ business relationships, prospective business, and the good name of their company that has been cultivated over the past 65 years,” says attorney William Delaney.  “If we don’t get an emergency Temporary Restraining Order, more than 20% of my client’s business is at risk.”

“My family has been working night and day to honor our commitments to the bank, our employees, our community, and our vendors”, says Alejandro Castro the 3rd generation of Castros to run the Little Village and Back of the Yards Mexican foods operation. La Guadalupana was founded by Castro’s grandparents in 1945 and today employs 25 workers who are still making Grandma Castro’s century-old recipes.  “We’ve been Chicago’s number one maker of masa (the chief ingredient in tamales) for 63 years and we’ve achieved 15% growth every year for the last five years”, says Castro, “but now we’ve lost 30% of our market share since the bank began interfering.”

“There is a clear line between settlement negotiations and interference,” says Delaney, “and we are going to prove that Bank of America repeatedly crossed it. When you would think it is in the Bank’s best interest to give my client the ability to pay them back – they are taking every opportunity to get in the way.”

Today, La Guadalupana caused to be filed two separate lawsuits against Bank of America:

Emergency Temporary Restraining Order – seeking an immediate Court Order to enjoin Bank of America from:

a) communicating with La Guadalupana customers 

b) interfering with La Guadalupana business relationships and/or prospective business

2.      Complaint at Law – in Law Division seeking monetary damages and compensation 

I    Breach of Settlement Agreement

II   Trade Libel/Slander 

III  Tortious Interference with Prospective Business Opportunity and Economic Advantage

IV   Fraudulent Misrepresentation 

V    Breach of Fiduciary Duty

“What we hope”, says Castro “is that this is the lawsuit heard around the U.S. “If we can’t fix small business, we can’t fix the economy, and in the end billions of dollars will have been wasted.”

A Temporary Restraining Order will be set on the court’s calendar at the Daley Center.  We will provide more details as they become available.



By: Delaney Law

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