Contracts may not be anyone's favorite thing to deal with, but ironclad agreements serve as protection when doing business. However, many companies rush the process and leave terms unclear or missing. Being careless with contracts can be costly, as in the example of a...
Experienced Advocacy And Legal Counsel
Indianapolis, Indiana Legal Blog
3 reasons why many small business owners form LLCs
The United States is a land rich in businesses, small, medium and large. According to the U.S. Census Bureau, it was home to almost eight million small ones in 2022. When starting a small business, one of the major decisions entrepreneurs must make is what kind of...
How does a mechanic’s lien work in Indiana?
A mechanic’s lien is a legal tool an Indiana contractor might use to collect payment for performing work or supplying materials to improve a particular property. Certain things must hold true for a contractor to be able to secure a mechanic’s lien, which is...
How to designate financial and medical powers of attorney
When creating your estate plan, you can include a section that names people with powers of attorney in case you cannot make important decisions for yourself. Making a power of attorney designation is useful when planning ahead for medical emergencies and end-of-life...
How can you create solid business contracts?
As a business owner, a large part of running your operation involves forming ongoing agreements with employees, suppliers and customers. For this reason, creating business contracts is something your organization likely does on a regular and ongoing basis. According...
Protect your estate plan from common mistakes
The value of an estate plan can provide you with ongoing support throughout your life. In addition to protecting your assets, a functional plan can also give comfort and guidance to your surviving family members. Making mistakes while you plan could jeopardize your...
Reviewing data on employment discrimination as a business owner
Understanding your options is crucial if you run a firm currently facing an employment discrimination case. It is helpful to go over data on employment discrimination to understand the prevalence of these cases. Business owners should also take steps to prevent...
What to consider when choosing a successor for your business
Business succession planning is a necessity for small business owners and entrepreneurs of all flavors. Arranging your affairs in preparation for a successor ensures that you can smoothly exit the company when you decide to retire and also prevents a worst-case...
What should you know before forming an S corporation?
Understanding the type of business formation you wish to use is essential to making the right choice. If you have decided that you want to form an S corporation, it can help to learn a little about the unique aspects of this choice. The IRS states an S corporation's...
Avoid these home selling mistakes
Selling your home is exciting but also stressful. For most people, a house is the most significant investment they will ever make. You do not want to waste all that hard work by committing a mistake during the selling process. According to Fit Small Business, average...