At one time or another, the entrepreneur may require some legal help. Whether you already have a retained attorney or need to find someone to represent you, what can you do when business lawyers give bad advice? Jean Scheid takes a look.
Legal Considerations and Advice for Entrepreneurs
There are a number of legal issues that should be kept in consideration when running a business or embarking on a new business-related opportunity. The Legal Considerations portal on Bright Hub’s Entrepreneurship Channel is filled with advice, tips, and strategies related to how you can legally protect your business and business ideas as well as how you can make sure you don’t stumble into any problems that could expose your business to adverse legal action.
The topic of intellectual property is highly debated in many circles, so we include full details on the definition of intellectual property rights in addition to explaining what options you have available to protect your legal ownership of such property.
In addition, we offer guides and advice as to what is the best legal structure for your business and how to file the paperwork to solidify that structure. We also cover such topics as antitrust and how it relates to small businesses, things to consider before signing a business agreement, and much more.
Marking an important change to business law, electronic signatures allow individuals and companies to enter into contracts without physically signing them. Previous laws required all contracts to contain a physical signature, but the creation of electronic signatures changed the nature of contracts.
C corporations and S corporations each have their advantages. If your small business is a C corporation, you may decide that you would see more tax advantages or have greater corporate control with an S corporation instead. Fortunately, it isn’t difficult to convert C corporations to S corporations.