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A Sole Proprietorship is the Most Basic Company Form
The majority of businesses in the United States are sole proprietorships. The legalities of this business structure involve several pros and cons. If you work for yourself, and if you haven't formed any other business structure, you're probably already a sole proprietor. You and Your Business Are the ... Read more

Corporations: The Basics
Corporations are a common business form, and their popularity is due to the benefits that the business owners receive through incorporating as opposed to choosing another business form, such as a partnership, for example. The corporate form can help protect your personal assets, and some corporations ... Read more

Deciding on the Best Business Entity For Your Situation
Choosing a legal structure for your business can be a daunting first step in setting up shop. You may be inclined to simply pick an entity type that you're familiar with, such as a corporation. But making a poor decision can hurt your business prospects before you've even made your first sale. Understanding ... Read more

You've heard the word "corporation" for years, and the first thing that probably comes to mind is a huge business with hundreds of employees that sells goods and services all over the country or the world. True, there are many such corporations. But, your business doesn't have to be huge in order for ... Read more

Starting a Business - Preparing to Meet a Lawyer
It can be a big waste of time for both you and the lawyer if you're not prepared for your first meeting. And business lawyers usually charge by the hour, so being unprepared will also end up costing you money because it will take longer for the lawyer you hire to get up to speed on your legal matter. ... Read more

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Business Formation Law Firms in Ashburn, VA  change location

Odin, Feldman & Pittleman, P.C.

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Inherited IRAs Not Exempt in Bankruptcy

“The only man who sticks closer to you in adversity than a friend is a creditor.” (Author unknown) In 2014, the United States Supreme Court ruled that funds held in inherited indivi ... Read more

Heads Up, I Win; Tails Up, You Lose. Did Both Parties Really Agree to Arbitration?

It's a simple concept on its face: To be binding, an arbitration agreement must contain mutual promises by both parties to arbitrate their claims. But if one party to an employment contract excepts on ... Read more

What To Do BEFORE You Start Your Educational Foundation

By Dr. Carol Simpson, ShareholderEichelbaum Wardell Hansen Powell & Mehl, P.C. So you want to start an educational foundation but you don’t know where to begin. You know that a found ... Read more

Limited Liability Companies: How Much Protection Do They Truly Afford?

Limited liability companies offer the protections of a corporation without the strict and burdensome formalities. As such, they have become extremely attractive to small-business owners in recent year ... Read more

Finding the right company form when establishing a business

If someone wishes to establish a business, the right company form must be found. Different rights and obligations emerge depending on the chosen company form. ... Read more

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