Licensing and Permissions for Planning a Public Event

If you are planning on running a public event, there are a number of procedures that you will need to go through, including obtaining permission or a specific licence from the relevant authority in your area.

Crowd at a public event

It is not uncommon to actually need more than one type of licence for an event and this could involve things like obtaining an alcohol licence or getting consent to erect a temporary structure like a Smart Space building that you are using to host the planned event.

Here is a look at what is involved in planning a public event that is fully compliant with all the relevant rules and regulations that are likely to apply.…

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Legal Considerations for Your Family-Owned Business

According to CPApowered.org, as much as 70% of family-owned businesses will not survive a transition to the next generation (SOURCE IN MINUTE ONE OF VIDEO). Considering that small and mid-sized businesses are the backbone of the American economy, that number is quite staggering. If you are planning on getting into business, you already have a lot on your plate. Thinking about the future may not be on your mind but it should be.

Father and son in a family business

Not every business owner has to be a lawyer, but you are expected to have a basic understanding of laws and how they may affect your business.…

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3 Things You Need to Know About Online Defamation

When considering the modern landscape of communication and news-gathering, we can all agree that the use of blogs and social networking outlets are increasing in their popularity and usefulness. Unfortunately, this incredible rise in use and visibility also increases the risks of online defamation.

Online defamation and gossip

Defamation occurs when someone online writes something that falsely and negatively affects another person’s reputation and/or business. It’s vital to consider that anyone can immediately publish anything they desire to the web, whether it be factual or needlessly inflammatory. Therefore the role of defamation law is quickly becoming more significant.

Let’s briefly consider three important points about online defamation:

What are the specifics of defamation?

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Get Ready to Show Proof of Health Coverage in 2015

By now, you should know the law: As of last year, all Americans – both individuals and businesses – are required to carry health insurance coverage under the terms of the Affordable Health Care Act of 2010. If you don’t have at least the minimum amount of health coverage, you could face penalties on your 2014 tax bill.

Proof of insurance coverage

Because this is the first year that taxpayers have to provide proof of health coverage, many people are confused about what they actually have to do. The good news is that for most people, the process is actually quite simple, and only requires checking off a box on their tax return indicating that they have coverage.…

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Renting a Business Property: Know Your Rights And Responsibilities

If you run a successful business from home, you may be considering a move into dedicated business premises, but buying a property is sometimes too big a step at this stage. Taking a business tenancy is more flexible and less of a commitment than buying, but it comes with responsibilities as well.

To Let property

The draft lease

When you’ve found a suitable place, the landlord, or probably their solicitor, will present you with a long and wordy document, the draft business lease. At this stage you may want to consult lawyers of your own, because the language of the lease isn’t always easy to comprhend.…

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Advantages of an LLC over an S Corp for a Family Business

When starting a business it is important to determine what type of legal entity the company is going to take. Many businesses are started by one individual which makes them a sole proprietor when they are starting.

As businesses grow they often get changed into a partnership or a corporation. If the owner decides that they want a corporation, there are two types that are more common than others, the limited liability corporation and the S Corp. The LLC has a lot of advantages over the S Corp.

LLC benefits

Advantages of an LLC

There are four main advantages of an LLC. These are the basics but if you have questions about how this affects your family in case of a divorce or an inheritance, a qualified professional at National Family Solutions, can help you.…

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5 Good Reasons for Selling your Structured Payment

Many people looking to sell their settlements do it for a variety of reasons. The decisions are often dependent on the situation of life at that point in time. However, as you make a decision to sell it is important to make sure that the money is spent on something that will add value to you and your family. Therefore, the 5 good reasons for selling your structured settlement are as follows:

Selling structured settlements

  1. Buying a home or trying to avoid a foreclosure
  2. Engaging in a major home repair like buying a new roof
  3. Opening a well-researched new business or adding more funds to an already flourishing business
  4. Going back to college or paying for your child’s education
  5. Paying an expensive medical bill.
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Commercial Finance Brokers: Understanding Risk Management

Trade finance brokers are laden with a huge amount of responsibility when it comes to choosing the correct avenue of financing for their customers. Every morsel of advice given to customers could either lead to a road of success or come back to bite you. So the importance of risk management is pretty substantial in any case.

Risk management tips

If you are the CEO of a commercial finance company, not only does the ability to identify risks help you protect your customer’s assets, but it will also protect your business from ugly legal upshots. Trade finance risk management is all about covering your team, as well as giving your customer the best possible chance to survive or grow within their industry / market.…

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5 Reasons to Offer Employees Voluntary Legal Benefits

Most Americans are faced with at least one new legal issue each year. Legal matters require time and money to resolve, and some of that time is spent while on the job. Companies are increasingly helping to relieve their employees of this burden by providing a voluntary legal benefits plan.

Voluntary legal benefits

There are many reasons why an organization may opt to include voluntary benefits in a work package; here are just five:

Retain and recruit great employees

It used to be that one of the most important things a potential employee was concerned with were medical benefits. Now that the ACA is in effect and employees have other options for health insurance, employers are looking for additional ways to increase retention and attract great employees.…

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Complying with Relevant Laws and Legislation as a Business Owner

The economic pendulum has swung again in the last financial quarter, with businesses throughout the Eurozone responding negatively to widespread decline. This has yet to impact on British business owners, however, as they remain optimistic about future growth and the potential for long-term expansion. Whether such sentiment can be sustained indefinitely has yet to be seen, but in the meantime it is important that entrepreneurs look to safeguard their venture and consolidate any success that they have enjoyed in 2014.

Regulation compliance

How to Create a Compliant Business in 3 Easy Steps

Compliance is one the most important factors when maintaining a successful business, so consider the following steps towards achieving this goal within your firm:

1.

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