Business - Contact a Lawyer

Business law encompasses rules, statutes, codes, and regulations that are established which govern commercial relationships and provide a legal framework within which business law attorneys may help you conducte and manage your business.

Business law attorneys help you with every aspect of highly diverse business law including areas like: banking and finance law, business formation and organization, business negotiations, business planning, transactional business law, acquisition, merger, divestiture and sale of businesses, and business litigation, as well as environmental, intellectual property, labor and civil law areas.

What is a business?

A business is an activity run in a systematic, continuous and regular businesslike manner with an expectation of profit under commercial principles, such as keeping business and accounting records. A business is different from a hobby in the respect that a profit is expected from the activity. This distinction is important particularly for tax purposes because losses from a business are tax-deductible, whereas losses generated from a hobby are not.

What are some of the common types of business organizations?

The most common types of business organizations include:

• Sole Proprietorship - you are the only owner of the business.
  
  
• Partnership, which can take the form of a regular partnership, a general partnership, limited partnership or limited liability partnership.
  
  
• Corporation - the default form of a corporation is a C Corporation (also known as Subchapter C Corporation). Smaller corporations typically file for the S Corporation (Subchapter S) tax election so they are not double taxed.
  
  
• Limited Liability Company (LLC) - a hybrid formation that provides personal liability protection similar to a corporation, with the flexibility and tax advantages of a single proprietorship or partnership.

It's obvious that you should hire a business attorney if you’re being investigated for securities fraud by the Securities and Exchange Commission (SEC) or a customer is severely injured by one of your products or on your premises. But, there are a lot of not so obvious reasons to retain a business law attorney.

For example, are you planning on forming a corporation or partnership? A business law attorney can avert a lot of legal issues that can arise with forming these types of businesses and he or she can advise you on the best business formation for your needs. A business law attorney can also help research any possible intellectual property issues and issues relating to hiring employees, tax issues and other legal matters that can arise with forming and running a business.

Business News From

• Reuters

Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks

• AP

Wire service. Features breaking news and special reports

• AFP

Claiming to be the world's oldest established news agency, AFP, a global news network covering events from around the world 24/7.

• NewsFactor

The starting point for a network of technology news and information sites, including Wireless NewsFactor and CRM Daily

• NPR

NPR is an internationally acclaimed producer and distributor of noncommercial news, talk, and entertainment programming

• FT.com

Europe - www.ft.com/home/europe
US - www.ft.com/home/us
Markets - www.ft.com/markets
Asia - www.ft.com/home/asia

• Investor's Business Daily

Daily stock market and business news, quotes, mutual fund performance, and market analysis. SmartSelect Ratings for NYSE, NASDAQ and AMEX stocks.

• Motley Fool

Expert advice on picking stocks, investing for retirement, and dealing with life's major personal finance decisions

• BusinessWeek Online

Daily briefing from Business Week Online

Starting a business

Starting a business lawyer Locate a business attorney for handling the following areas: banking and finance law, business formation and organization, business negotiations, business planning, transactional business law, acquisition, merger, divestiture and sale of businesses, and business litigation, as well as environmental, intellectual property, labor and civil law areas.

Starting a Business, Starting a Small Business      How to Start a Small Business, Small Business Startup - Entrepreneur.com.

Starting a Business This page provides links to basic federal tax information for people who are starting a business

Business Lawyer

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This web site is designed for Business informational purposes only. The environmental law information contained herein is not guaranteed to be accurate, up to date, or complete. It does not constitute legal advice nor does it constitute the formation of an Business lawyer attorney/client relationship. Individuals accessing this site are encouraged to seek independent counsel for advice regarding their individual legal issues. No person should act or rely on any information in this Business lawyer search without seeking the advice of an Business attorney. Copyright © Lawyerfind Network 2006