Help Guides - Page 26
Becoming a Silent Partner
What Is a "Silent Partner"? Many business savvy individuals have considered the thought of becoming a silent partner at one point or another in their careers. The thought of investing in a lucrative business and sharing in the profits without......
What To Do When a Promissory Note Is Paid Off
Promissory Notes Are Vital Documents When an individual or business borrows money from another individual or entity, a promissory note is always utilized to ensure repayment of the loan amount. It is a vital legal instrument used by the lender......
Limited Liability Partnership
Difference between a Limited Liability and a General Partnership A limited liability partnership (LLP) differs from a general partnership in several ways, and can have significant advantages in the right situation. A general partnership allows......
Which Business Structure Is Right for You?
Choosing the Proper Business Structure The basic foundation of business is to establish a product or service that consumers want and then structure a group of people into an organization that meets that demand in the most profitable manner......
How to Enforce a Promissory Note
What Is a Promissory Note? A promissory note or promissory letter is a legal instrument that details a contractual agreement between two parties. When the parties are in agreement and sign the promissory note, it becomes a legally binding......
Why You Need a Non-Disclosure Agreement When Hiring an Independent Contractor
The Challenge of Finding Personnel In today's competitive business environment, companies have to find different ways to stay even with or above their competition. The myriad of daily operating challenges that even the smallest of companies......
Employee or Independent Contractor
Business Expansion Can Create Unique Problems One of the best problems for any business to have is the need to expand. When a business grows beyond its capacity to properly serve its customer base, expansion is a must for it to survive. But......
Partnership or LLC? What You Need to Know
The most basic aspect of creating a business is to determine which product or service the business will produce and market. Once that has been determined, the next critical step in the process is to......
Ultimate Guide to Estate Planning
Death is a fact of life. Some of us die young while others live to a ripe old age. That’s one fact we simply can’t get around. Yet even while we know that someday the inevitable will happen, most of us aren’t prepared for it. Do you really want to leave your loved ones in a quandary about your estate? Wills, trusts, and estate plans aren’t just for...
Loan Agreements: Everything You Need to Know
A loan agreement is a very complex document that can protect the two parties involved. In most cases the lender creates the loan agreement, which means the burden of including all of the terms for the agreement falls on the lending party.......