New business owners wonder what legal form should their business undertake; Inc., LLC, LLP, or GP. There is no simple answer to that question. It depends on the goal of the new business. Is there more than one location? How many people are entering the business together? What are the tax implications for each structure?
The [...]
Published by Rutledge & Yaghmai
Monthly Archives: August 2009
What coporate structure should you use for your new business?
Wall Street Journal reports Fed Chairman Ben Bernanke’s wife falls victim to identity theft
Rutledge & Yaghmai often fields questions about identity theft from victims and business owners. Ben Bernanke, the Federal Chairman, often warns of the wide spectrum of identity theft. The Wall Street Journal reports that Bernanke speaks from first hand knowledge. His wife’s purse was stolen from a Starbucks on Capitol Hill. The next day the [...]
3 Most common mistakes made by small businesses in legal matters
Try to handle the matter themselves- So often small businesses try to save “perceived costs” by just trying to handle commercial disputes. The SB owner thinks he can negotiate any type of deal because that how he/she became a successful business owner. Invaribly, the problem gets worse.
Fail to have contracts reviewed- RY [...]
