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How Do I Apply for a 7(a) Loan? Small businesses are the engine of the US economy. They provide a significant amount of employment, provide vital services in their communities, and develop important innovations. However, finding the funding to start and run a small...

What Are the Different Types of SBA Loans? One of the most important steps in starting your small business is securing capital to finance your initial outlays for your location, stock, fixtures, equipment, and more. Starting capital can also cover operating expenses...

9 Reasons Your Small Business Needs a Contract Lawyer As a small business owner, you must divide all potential expenses into at least three categories: unprofitable, necessary, and nice-to-have. The unprofitable expenses are those you should cut because they are...

7 Ways to Protect Your Small Business from Lawsuits and Disputes Building a small business up from nothing is a lot of work. Not only that, but it’s a lot of dreams, and it can be hard to see all your work and dreams destroyed because of a lawsuit or other dispute. If...

8 Online Business Laws You Need to Be Aware Of Starting a business online is becoming very popular. People like the relative freedom to locate their business in a convenient place while reaching a worldwide audience. There are also opportunities for reducing your...

Federal Injunction Currently Suspending Corporate Transparency Act Reporting Requirements On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction on enforcement of the Corporate Transparency Act (CTA)....

Common Employment Law Disputes The success of your business depends on the talent and hard work of your employees. However, working with employees can also represent a legal minefield. There are many situations where you can get into legal disputes with your...

How to Avoid Small Business Fines and Penalties Small businesses struggle to balance their revenue and expenses. When you’re running on a narrow profit margin, the sudden addition of fines and penalties can sink your business. When these penalties come up, you may not...

Essential Elements for a Business Plan When you are starting a business, your odds of success will be much higher if you have an actual plan. However, sometimes recommendations for a business plan – like the ones offered by the Small Business Administration (SBA) –...

8 Common Contract Disputes Impacting Small Businesses You might think that your business is so small and inoffensive that you won’t have contract disputes. You will live up to the terms of any contracts you have, and you will judiciously choose business partners who...