Business Finance

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When and How to Use Short-Term Credit
Whether you&'re in the early stages of starting your own company or have been in business for years, at some point you&'ll probably need to borrow money. For small business owners, obtaining short-term credit lines and loans can provide the financial solution to keep the business going. However, there ... Read more

When to Sell Shares to Finance Your Business
One benefit of incorporating your business is the ease with which you can raise additional capital by selling stock. Public companies are subject to governmental regulations that govern initial public offerings (IPOs) on a stock exchange. Selling stock in a private company is less complicated.However, ... Read more

Billing Customers and Collecting Debts
Effective billing and collecting procedures are essential for any business. Getting your invoices paid on time starts with establishing your billing terms with your customers. Your invoices should be prepared and sent in a consistent manner. Invoices that are not paid in a timely manner should be tracked ... Read more

Small Business Administration and Other Business Loans
Equity and debt are the two ways to fund your business without taking money from your own pocket. Equity finance means raising money by offering investors part ownership in your business. Debt finance, by contrast, means borrowing money to operate or expand your business. Your company's individual circumstances ... Read more

Tax and Audit Issues and Your Small Business
One thing you can&'t avoid when operating a business is filing business tax returns and paying income tax on your profits. No matter how meticulous you are with your business taxes, there&'s always a possibility that the Internal Revenue Service (IRS) and state tax agencies will choose your return for ... Read more

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The check should have been made to the lienholder and you.  You owe the money.  You have to pay or you will be sued. 

Is the issue $100 or $100,000?  You can sue anyone that wrongfully took the money.  You can also make a criminal complaint with the DA.

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Business Trends for 2017

Today, business owners are trying to figure out what changes may be in store for 2017 and how those changes may potentially impact their company. A recent article from Forbes examines the top trends s ... Read more

Are You Planning on Starting a Business in 2017?

Starting a new business can be an extremely rewarding experience, but it is by no means an easy process. There are countless laws and regulations for operating a business, including at the federal, st ... Read more

Mileage Reimbursement Rate Decrease

If you are an employee and your job requires you to do some traveling using your personal vehicle, federal tax law allows you to claim a deduction for the business mileage if you’re not reimburs ... Read more

Growing of Medical Marijuana Did Not Violate Zoning Ordinance

By Pannone Lopes Devereaux & West LLC of Pannone Lopes Devereaux & West LLC posted in Corporate & Business on Thursday, December 1, 2016. The Rhode Island Superior Court recently reversed ... Read more

Area you Covered by a “Sufficiently Specific” Indemnity Clause?

By Pannone Lopes Devereaux & West LLC of Pannone Lopes Devereaux & West LLC on Tuesday, December 13, 2016. In a recent Rhode Island Superior Court case, the court once again addressed the ques ... Read more

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