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Regulation Z, also known as the Truth in Lending Act (TILA), is a federal law that requires lenders to disclose certain information to consumers before they enter into a credit agreement. The purpose of Regulation Z is to provide consumers with clear and accurate information about the terms of their credit agreements, so that they...
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Being a business owner is a lot of work. You invest your time, money and effort into making your business a success. But if your entity is struggling, it can have a significant impact on your personal finances. If your company is not making a profit, you are likely trying to figure out how you...
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The simple answer to this question is that an effective purchase order is an essential component to any successful business. Whether you are just starting your business or you are more experienced, it is important to review your purchase order to verify it is accomplishing your goals. What is a purchase order? A purchase order...
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Most entrepreneurs dream of having overnight success. Unfortunately, this is the rare exception. If you are starting your own business, it is important to have patience when it comes to growing your business. So, what steps can you take to help ensure your new venture is a success? There is no magic formula you can...
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Many lawsuits involve a variety of different claims. In fact, most plaintiffs allege anything and everything they can in the hopes that at least one claim will be successful. In the business world, it is common for a plaintiff to allege that fraud occurred when the claim is really a simple breach of contract allegation....
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There are a variety of different legal entities to choose from when you are starting a business. The limited partnership (LP) is an important entity to consider if you want to have partners, but you want to be protected from liability. The LP is typically used by businesses that want to work with a partner...
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As a business owner, you may be trying to decide when or if to sell your company. Do you wait for it to hit a certain size? Does it need to be worth a certain amount? These are common approaches, but maybe there is a better way to determine when to hang out the “for...
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  If you own a business, it is imperative that you take precautionary measures to protect it legally. In other words, you need a great business attorney and contracts that protect your best interests. There is no easy answer for what legal agreements are the most effective, because every case is different. However, there are...
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When you are starting a new business, there are many pitfalls you want to avoid. The difficult part is that most of the time you never see them coming. If this business is your first one, understanding the legal risks and taking preventative action can save you money, time and heartache. Below are a few...
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If you are starting your own business, you are probably excited, scared and a bit overwhelmed. Below are a few tips on how you can help ensure that your business is a success: Retain a good attorney Don’t just find a lawyer – do some research, interview several candidates, and select the one that you...
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