What is limited liabilty?
Limited liability is a principle of business law which shields the owners of a business from the business's liabilities. Owners of a business which has limited liability may lose …
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How to Deal with Common Disputes of Family Owned Businesses
There are many advantages to family owned businesses. When things go the way that you envision them, your family works together toward common business and family goals. You trust each other and provide each other with the flexibility to succeed financially and personally. However, things don’t always go as planned and disputes are common in family owned businesses. Common …
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I am a small business owner. What do I need to know about warranties?
If you are a small business owner, you have probably already experienced the customer who is dissatisfied with the item or merchandise that you have sold him or her. While dealing with the unhappy customer is another issue altogether, it does pay to be knowledgeable about the warranties you are required to give for items that you sell. In other words, it is important to know what you …
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