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  • Business Equity - Business Equity Law Resources - LawInfo
    means that the original business owner does not own 100 of the business but instead the firm is divided into shares and the percentages of the business are shared among investors Equity is typically shown on a balance sheet and may be shown in the form of common stock preferred stock paid in capital and retained earnings Equity calculations can be made by taking the total assets and subtracting the total liabilities of a company An example of business equity may be where business owners put up personal capital which is considered equity in order to start their business Share this information Search LawInfo s Business Equity Resources Still have questions Contact experienced Business Equity Attorneys on LawInfo com or learn more about Business Financials Find an Attorney in Your Area Legal Issue e g Personal Injury Location Area Code OR City State Advanced Search Options Popular Searches Commercial Litigation Business Franchise Business Contracts Business Equity Videos Raising Money For Your Business Equity Financing Advertisements Find An Attorney By Practice Area By Location By Name Resources Hot Legal Issues Legal Forms Legal Library Law Videos Consumer Blog Forums For Attorneys Legal Marketing LawInfo About Us Jobs Partners Contact Us Authors

    Original URL path: http://www.lawinfo.com/business-equity.html (2016-02-15)
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  • Business Loans - Business Loans Law Resources - LawInfo
    parties Most loans will likely include interest being charged on top of the amount borrowed Interest rates are typically capped by state laws ensuring that commercially reasonable rates are being applied to loans Some lenders may require collateral to be put up by the business so that in the event the loan is defaulted on the collateral may take its place Depending on the organization structure of the business owners may be held personally liable for unpaid loans This could mean that personal assets of owners are subject to liabilities of the business In some instances lenders may require that a cosigner or guarantor to back the loan If your business is organized as a limited liability corporation LLC that lender may require that you as the business owner will be held personally liable for the loan as a guarantor Share this information Search LawInfo s Business Loans Resources Still have questions Contact experienced Business Loans Attorneys on LawInfo com or learn more about Business Financials Find an Attorney in Your Area Legal Issue e g Personal Injury Location Area Code OR City State Advanced Search Options Popular Searches Commercial Litigation Business Franchise Business Contracts Business Loans Videos UCC 1

    Original URL path: http://www.lawinfo.com/business-loans.html (2016-02-15)
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  • Creditors Rights - Creditors Rights Law Resources - LawInfo
    right to put a lien on any real property owned in title by the debtor Once the creditor obtains a lien on real property the property may not be sold or transferred without the lien being cleared by payment of the debt In addition to real property liens a judgment creditor may have a right to levy personal property of the debtor If a court obtains a writ of execution from the court the sheriff or marshal of the particular jurisdiction of the debtor will levy the property i e take the property and apply the proceeds to the debt Creditor s Rights are Limited Though creditors do have various ways to collect debt there are limits on their rights and what property might be subject to the above mentioned collection proceedings Each state varies as to how and what property can be collected by a creditor and some states declare certain property types exempt from creditor attachment Share this information Search LawInfo s Creditors Rights Resources Additional Creditors Rights Articles Are There Different Types Of Creditors What Remedies Might Be Available Once A Creditor Commences A Court Proceeding Will I receive Notice Before My Car is Repossessed The Fair Debt Collection Practices Act What are my obligations if I co sign a loan for another person What Issues Should A Creditor Consider When Deciding Whether Or Not To Pursue A Judgment Loan Default Litigation How to Collect on a Defaulted Loan What Methods are Available for a Creditor to Collect on a Judgment Lien Priorities Who Gets Paid First What Is The Fair Debt Collection Practices Act More Creditors Rights Resources Still have questions Contact experienced Creditors Rights Attorneys on LawInfo com or learn more about Business Financials Find an Attorney in Your Area Legal Issue e g Personal

    Original URL path: http://www.lawinfo.com/creditors-rights.html (2016-02-15)
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  • Extending Credit - Extending Credit Law Resources - LawInfo
    business types Extending credit to customers although convenient has its associated risks Benefits of Extending Credit The benefits of this practice allow customers to focus less on price thus generating more sales for the business however extending credit to customers may cost the business money in the event that they do not pay If your business is well established and you have the operating capital in order to afford the extension of credit it may be a beneficial practice for you and your clients Establish Credit Eligibility Before a business chooses to extend credit proper business policies and procedures with respect to issuing credit should be in place This will help establish who will be able to qualify for credit It is important to maintain clear and consistent guidelines for receipt of payment from customers as well as invoicing and billing In the event that customers default on payments it is necessary to determine how collections will work within the business Will a third party collection agency be retained Will payment plans for customers that default be allowed Finally it is important that the business complies with consumer credit laws established and enforced by the Federal Trade Commission FTC These laws are in place to regulate credit interest rates and billing times for businesses that extend credit as a business practice Share this information Search LawInfo s Extending Credit Resources Still have questions Contact experienced Extending Credit Attorneys on LawInfo com or learn more about Business Financials Find an Attorney in Your Area Legal Issue e g Personal Injury Location Area Code OR City State Advanced Search Options Popular Searches Commercial Litigation Business Franchise Business Contracts Advertisements Find An Attorney By Practice Area By Location By Name Resources Hot Legal Issues Legal Forms Legal Library Law Videos Consumer Blog Forums

    Original URL path: http://www.lawinfo.com/extending-credit.html (2016-02-15)
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  • Financial Statements - Financial Statements Law Resources - LawInfo
    to keeping the business running and on the right track In addition to helping prepare for taxes the preparation of financial statements such as a balance sheet and income statement provide a lot of value to business operations A balance sheet lists a business s assets liabilities and overall net worth Since a business s assets and liabilities may change from day to day the balance sheet shows a business s financials in the form of a snap shot in time Liabilities or obligations are composed of the cash provided by creditors and investors basically the source of funds that enable to business to operate Assets are represented by the use of funds the business uses to operate Typically assets are the sume of cash accounts receivable notes receivable and inventory of the business The changes in a business s balance sheet provides accountants and business owners valuable information that in turn will be provided to creditors and stockholders Income statements also referred to as a profit and loss statement include all of the income and expense accounts of a business over a period of time This document shows the amount of money a business will have after all expenses are paid Income statements do not provide information such as problems with cash flow but are meant to show earnings and expenses over a period of time Share this information Search LawInfo s Financial Statements Resources Still have questions Contact experienced Financial Statements Attorneys on LawInfo com or learn more about Business Financials Find an Attorney in Your Area Legal Issue e g Personal Injury Location Area Code OR City State Advanced Search Options Popular Searches Commercial Litigation Business Franchise Business Contracts Advertisements Find An Attorney By Practice Area By Location By Name Resources Hot Legal Issues Legal Forms Legal

    Original URL path: http://www.lawinfo.com/financial-statements.html (2016-02-15)
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  • Shareholders - Shareholders Law Resources - LawInfo
    to sell the shares they own the right to vote on the directors who are nominated by the board the right to nominate directors and propose resolutions within the company the right to earn dividends if the company pays them the right to purchase additional shares of stock that are issued by the company and in the event the company is liquidated the right to assets of the company Shareholders are considered stakeholders within a company because they have a direct interest in the business Shareholders in the primary market provide capital to corporations which they are given shares of stock in exchange Share this information Search LawInfo s Shareholders Resources Still have questions Contact experienced Shareholders Attorneys on LawInfo com or learn more about Business Financials Find an Attorney in Your Area Legal Issue e g Personal Injury Location Area Code OR City State Advanced Search Options Popular Searches Commercial Litigation Business Franchise Business Contracts Shareholders Videos Minority Shareholder Rights Advertisements Find An Attorney By Practice Area By Location By Name Resources Hot Legal Issues Legal Forms Legal Library Law Videos Consumer Blog Forums For Attorneys Legal Marketing LawInfo About Us Jobs Partners Contact Us Authors Español Legal Copyright

    Original URL path: http://www.lawinfo.com/shareholders-rights.html (2016-02-15)
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  • Commercial Litigation - Commercial Litigation Law Resources - LawInfo
    to litigation on any commercial matters including general or government contract disputes employment contracts restrictive covenants unfair competition and other business torts The information on this page is meant to provide a general overview of the law The laws in your state and or city may deviate significantly from those described here If you have specific questions related to your situation you should speak with a local attorney or find qualified local Commercial Litigation Attorneys on LawInfo Or click to find Commercial Litigation Attorneys in a specific location Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Share this information Search LawInfo s Commercial Litigation Resources Still have questions Contact experienced Commercial Litigation Attorneys on LawInfo com or learn more about Business Litigation Find an Attorney in Your Area Legal Issue e g Personal Injury Location Area Code OR City State Advanced Search Options Popular Searches

    Original URL path: http://www.lawinfo.com/commercial-litigation.html (2016-02-15)
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  • Business Compliance - Business Compliance Law Resources - LawInfo
    in order to conduct business in their fields Tax Compliance Different businesses have different tax considerations they must comply with For instance if you are in the business of retail sales there may be sales tax licenses or permits required in your state Business Filing If your business is organized as a corporation limited partnership or limited liability company LLC then there are documents required to be filed with the Secretary of State or corporations department in your state It is also important to consider if you are required to abide by federal securities laws based on the type of business you own Business Naming Choosing a business name is important to all business owners but there are important things to consider in order to remain compliant with your state s laws Some states may require that you register your actual name with them as well as the county or city you conduct business in Also important to consider is what your business will be referred to as perhaps your business s legal name is different than the name in which you do business as DBA Responsibilities of the Employer If your business is going to employ workers there are additional matters of compliance to consider Things such as tax requirements unemployment insurance worker s compensation insurance health and safety requirements are all requirements that employers must comply with in order to successfully run their business Share this information Search LawInfo s Business Compliance Resources Still have questions Contact experienced Business Compliance Attorneys on LawInfo com or learn more about Business Regulation Find an Attorney in Your Area Legal Issue e g Personal Injury Location Area Code OR City State Advanced Search Options Popular Searches Commercial Litigation Business Franchise Business Contracts Business Compliance Videos Business Compliance Advertisements Find An Attorney

    Original URL path: http://www.lawinfo.com/business-compliance.html (2016-02-15)
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