Charging personal expenses on your business credit card isn’t against the law, but it’s likely against the terms of your credit card agreement. Plus, mixing personal and business finances could end up making you personally liable for any business debt if your business has legal trouble. As a general rule, it’s best to keep personal […]
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What are Articles of Incorporation and Operating Agreements?
Operating agreements and articles of incorporation work hand in hand to outline your business structure and define how your company will legally operate. An operating agreement outlines the relationship between business owners, and articles of incorporation outline a business’s relationship with the state. All limited liability companies (LLCs) can benefit from having an operating […]
What Is a Breach of Contract Lawsuit?
“Breach of contract” is a legal term that describes the violation of a contract or an agreement that occurs when one party fails to fulfill its promises according to the provisions of the agreement. Sometimes it involves interfering with the ability of another party to fulfill his duties. A contract can be breached in whole […]
Terms of Use Agreement: What Is It & Do You Need It?
You might feel like a website’s terms of use agreement will be the least visited and most boring page on your website. However, these pages can be a crucial means of minimizing liability and protecting your site, business and content in the event of legal issues. Our guide covers what a terms of agreement page […]
How to start a Business
As appealing as working for yourself sounds, there’s a reason why not everyone owns their own business: It’s hard. After all, the skills it takes to create the product or service that you’ll be selling are often very different from the skills you’ll need to run a successful business. You can be really good at […]