Blog Posts: Business

Types of Business Organizations When organizing a new business, one of the most important decisions to be made is choosing the structure of a business. Factors influencing your decision about your business organization include:Legal restrictions Liabilities assumed Type of business operation Earnings distribution Capital needs Number of employees Tax advan...

When clients come to me for legal advice, I assume they will consider my advice, if not follow it.  However, for sake of argument, let's say you are different and you want to know the best ways to negatively impact the attorney/client relationship.  In my opinion, there are five ways to get your relationship off to a bad start, or if it was going well, to...

You settle your case, and the defendant agrees to pay you a lot of money. All that’s left to do is to sign a “standard” settlement agreement prepared by the defendant’s attorney. You get to page 10 and see a paragraph titled “No Disparagement.” You see that this means neither party will “disparage” the other . . . ever. You call your attorney, who t...

Is there one insurance policy to cover all of my risks? No.  Insurance is the sale of certain risks in exchange for a premium.  No policy buys all the risks a business faces. How many policies do I need? Generally speaking, a business should have a general liability policy, coverage for automobiles used in the business and worker's compensation insurance...

You and a friend, family member, or even a spouse, decided to go into business together.  At first, things were great because of the possibilities and the excitement that new challenges bring.  You may have formed a corporation, a limited liability company, a partnership or even operated as a sole proprietorship.  If there are only two of you, you mi...

In 1992, the Arizona legislature enacted the Arizona Limited Liability Company Act. Since that time the LLC has become the entity of choice for many individuals, businesses, partners and investors. While there obviously are differences between corporations and LLCs, attorneys in Arizona have always believed that there were many similarities. For instance, when you ...