5 Types of Legal Forms of Business

One of the things that every entrepreneur struggles with is choosing from the several legal forms of business. Each of these legal forms of business has its own set of advantages.

Legal form filing

Read this post to learn more about the five different business structures and their key characteristics. This will help you identify the right fit for your business.

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The Five Legal Forms of Business That You Can Choose From

Here are the five basic legal forms of business, also known as business structures, that you can form to get started:

1. Sole Proprietorship

A Sole Proprietorship is a legal form of business or legal structure that is owned and run by a single person referred to as the sole proprietor.…

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Filing Fire Damage Claims in Miami: How Can a Public Adjuster Help?

Unfortunately, a fire accident can happen anytime, and you may not be prepared to deal with its aftermath. For example, a recent report from August 2021 about a house fire in the Pinewood neighborhood of Miami was a shocker. A car rammed into the house’s garage, causing a fire.

Firemen extinguishing business premise on fire

photo credit: Flickr

Often it happens that a home or business owner claims with the insurance company for fire damage, only to find there’s a delay in receiving payment. With proper documentation and guidance from an experienced Public Adjuster Miami, the residents can quickly settle their fire claims.

Why Do You Need a Public Adjuster?

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Police Powers & Rights: The Legal Side of Law Enforcement

Under US constitutional law, police power refers to the capacity of the various American states to regulate behaviour and enforce order within their jurisdiction. The idea behind granting police these powers is aimed at improving the health, morals, safety, and the general welfare of the residents of those states.

Police car

The legislative body in each territory defines police powers in order to determine the specific public purposes that need to be addressed by this legislation.

The Tenth Amendment to the United States Constitution outlines that the powers, which have not been granted to the Federal Government, are reserved to either the people or the states.…

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How Can a Car Crash Lawyer Help Represent You Against a Drunk Driver Accident

Unfortunately, you may have to share the roads with drunk and irresponsible drivers. Car crashes are inevitable when a driver is under the influence of alcohol or drugs. A drunk driving accident can leave the victims severely injured or with a totaled car.

Car accident

If you accidentally get involved in a crash, you should immediately have a car crash lawyer represent you against the at-fault driver. Auto accident lawyers can cover various issues, including wrongful death, property destruction, personal injury, and liability determinations.

Here are all the ways in which an experienced lawyer can represent and win your case.

Impact Assessment

The rate of collision increases with a higher level of BAC (blood alcohol concentration).…

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8 Times When You Should Hire a Lawyer

When you’re presented with a legal issue, you may be wondering whether or not you need to hire a lawyer.

While hiring an attorney for legal services rarely hurts your case, the truth is that not every circumstance requires the expertise of a lawyer. You’re probably not going to hire one to help you fight a speeding or parking ticket, for example.

Hiring a lawyer

There are many different circumstances, however, in which an attorney’s knowledge and experience can be invaluable. Typically, attorneys are needed on cases where there is plenty at stake.

Here are eight times when you should strongly consider hiring a lawyer.…

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What Employers Should Know About Negligent Hiring

As an employer, you have a lot of responsibilities. You are, in some cases, even responsible for the actions of your employees.

Avoiding negligent hiring

There’s a legal theory called respondeat superior. Under this theory, there may be the opportunity for a plaintiff to seek damages from the employer of someone who’s behaved negligently. That doesn’t mean you’re responsible for every bad thing an employee might do, but there is a potential for liability under some circumstances.

In these situations, the most relevant factor is whether the employee was acting within the scope of their employment when they were, for example in a car accident.…

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How to Choose the Right Legal Structure for Your Business

You can start choosing the best legal structure for your business by planning your goals for the company while keeping in mind the local, state, and federal regulations. When you can determine your goals, you can choose your business’s legal structure more easily. Since your business will still expand, you can change its legal structure to fit its needs.

Legal structure setup meeting

photo credit: Pexels

Continue reading to know the different legal structures for businesses to ensure that you are choosing the right one for your company.

Sole Proprietorship

A sole proprietorship is the most basic legal structure. Suppose you do not have a different legal entity for your business.…

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What CEOs Should Know About Tipping Laws

Employees in the service industry, such as bars and restaurants, receive tips from customers. Tips are optional payments by customers to employees as gratuity or gifts to appreciate the employee’s services. The law defines tipped employees as those who regularly earn more than $30 a month in tips.

Tip jar and tipping laws compliance

photo credit: Pixabay

Tipping laws, regulated by the Fair Labor Standards Act, exist to protect tips as part of the employee income and ensure that employees receive a minimum wage. As a CEO of a business in the service industry, you need to understand tipping laws as they determine how you pay your employees.…

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Client Experience Considerations That Can Make or Break Your Legal Practice

User experience has become a mantra across industries, from professional services to web design. With so much competition in the market and so many options for consumers to navigate, standing out in terms of your client experience is a surefire way to get you noticed. For law firms, being able to compete on client experience is becoming increasingly important, especially as more legal work is being done by AI and automation.

Meeting with a lawyer

With that in mind, below are some client experience considerations to keep in mind that can have an outsized impact on your legal practice.

Your Intake Process

Your intake process refers to the various methods and procedures you have in place for getting new clients set up in your system and ready to start serving.…

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The Advantages of Retaining the Services of a Lemon Law Attorney

It is exhilarating to purchase your own vehicle; it does not matter whether it is a new one or a previously owned one. Sometimes, the car you bought might have been in and out of the dealership several times for the same or different other issues. In that case, you may be eligible to claim under your state’s lemon laws.

Lemon law attorney meeting

In such a situation, it is best is to retain the services of a lemon law attorney. If you conduct a free review of the cases regarding the subject, you will discover that this option is effective. Hiring a lemon law attorney has several benefits, which will be featured below.…

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