Corporate Law
Corporate Law
Stay Legal and Organized: Hire a Professional Accountant
Behind every successful business is a great business owner. But behind a successful business and entrepreneur is a professional accountant. The role of accountants is becoming significantly important in businesses as it is a unique position in every business department and activity area. It also has the authority and capability to develop models, set standards, help businesses control their finances while abating business tax and bring an organization in line with ecological development principles. When you are running several businesses, it is essential to hire a professional accountant to handle your accounting and help you focus on other aspects of the business. An accountant can do more than just giving…
Ways to Get Free Legal Services for Small Business
The average hourly rate for legal services for small business can be from $100 per hour in a small town to over $1000 per hour at a big city law firm for a senior partner. With these rates, many small business owners are looking for possible ways to get free legal advice for their business. If these business owners know where to look, they will know that free legal services for small businesses are available, even though it is not easy to get free and cheap legal services. While they can’t completely leave out the help of a business attorney, they can find free legal services through some of the…
How Iceland is Closing the Gender Pay Gap
A law took effect in Iceland on January 1, 2018, mandating women and men receive equal pay for equal work in business concerns employing more than 25 people. Of course, Iceland has long been recognized as a world leader in gender equality. Women must hold nearly half the Icelandic corporate board seats by law. Moreover, women hold some 41.5 percent of the island nation’s managerial positions. So, how is Iceland closing the gender wage gap? Let’s take a look. Society More Gender Equal Women have long held positions of power in Icelandic government. Its first democratically elected female president, Vigdís Finnbogadóttir, inaugurated in August of 1980, was also the first…
When Should You Hire A Car Accident Lawyer in Ithaca
If you’ve been involved in a car accident in Ithaca, hiring a car accident lawyer may be the last thing to cross your mind. In most cases, minor car accidents can be resolved amicably. But, as pleasing as this may sound, it’s not always the case. There are instances when things may get a little bit more tricky, especially when serious damages or, worse, personal injury or death is involved. Hiring an experienced car accident lawyer will work to your advantage in more ways than one. Apart from making the entire process smoother for you, you get to enjoy many other benefits. But, when do you really know if it’s…
Covering Your Bases When Taking On Property-Based Business
Learn how to prepare for the responsibilities of owning and running a property-based business. Know what to expect when it comes to required maintenance, finances, and unexpected accidents. Many aspiring entrepreneurs dream of owning a business for years, but they often don’t realize just how much work there is to it. Even if you are prepared to take on a heavier workload than you’re used to, the learning curve can be even sharper than you might expect. Don’t worry. Even if you’re a total beginner, you can learn how to cover your bases when taking on a property-based business. Roll up your sleeves — we’re about to get started: Understanding…
Reasons You’ll Need a Bankruptcy Lawyer
“Bankruptcy” is a frightening term on its own, and filing for bankruptcy can be even more intimidating than it looks. Court statistics from September 2010 show that 1.6 million bankruptcy petitions were filed during the Great Recession. If you ever have to file for bankruptcy, you’ll need to keep quite a few things in mind regarding all the laws of bankruptcy. Being somewhat familiar with these laws yourself will likely make the process of filing for bankruptcy much easier for you. Bankruptcy laws encompass both federal and state regulations and thus can become quite complicated to understand. To this point, you’ll probably need to rely on an experienced Chapter 7…
Which Entrepreneurs Need to Fill Out an ITIN Application?
Many entrepreneurs aspire to start a small business in a country outside of their own. However, to start a business in the United States, you typically need a social security number (SSN) to get started. An individual taxpayer identification number (ITIN) is an alternative to an SSN for foreign entrepreneurs who may not meet the requirements to get an SSN. An ITIN will allow you to file income tax returns, start a business in the US, and apply for small business financing. You can learn more about ITIN in this Camino Financial post. Let’s take a look at who needs to fill out an ITIN application and how it can…
The Differences Between Insolvency Laws in England and Scotland
The sheer breadth and complexity of insolvency laws can be difficult to comprehend and apply to any business looking to enter administration. There are also regional differences to consider, and over the Scottish border, the practice regulations changed on the 6th of April 2019. Together with Business Rescue Expert, voluntary liquidation specialists, we will look at the legality behind this process in both countries, identifying any key differences. On both sides of the border, the aim of insolvency is to provide a legally enshrined solution for businesses to repay any outstanding debts where they are unable to do so. The Insolvency Act 1986 remains the overarching legislative guide for the…
Four Steps to Starting a Business in France
Setting up your own business, no matter what it is, can be a daunting prospect. But doing this in France, where complicated bureaucratic forms in French are enough to scare off even the most determined entrepreneur, is many times more intimidating! To help you get started, here are four key elements to keep in mind when starting a business in France: 1. Find your niche When setting up a business abroad, you’ll face a number of concrete obstacles compared with local entrepreneurs. The language can present a significant barrier, not just for legal and other formal procedures (discussed in detail below), but also in terms of building business connections. To…
How to Give Your Start-up Enterprise the Best Chance of Succeeding
When it comes to running a business, it can be incredibly stressful to manage a start-up enterprise due to the constant fear of something going wrong. After all, it is a very vulnerable time for your business, and the slightest of mistakes could prove to be costly. Fortunately, you are not the first business owner to go through such an ordeal – which means that there are a lot of things to learn from those who came before. Giving your start-up enterprise the best possible chance of succeeding involves learning from their mistakes and avoiding certain beginner’s traps that litter the business landscape. Here are just a few methods for…
