Audits are a crucial component of many companies' operations. They play an important role in ensuring the integrity of the business, particularly from a financial standpoint. Businesses who fail to meet expectations risk damaging their reputation among other...
Business Law
What are the essential components of an equipment lease?
Equipment Leases Equipment that is essential to business operations often come with hefty price tags that run into the millions to billions of dollar range. Because of this, more than 80% of American companies lease equipment rather than purchase it outright,...
What is a B corporation?
For people who feel strongly about environmental and social concerns, running a business in a way that reflects their values can be a challenge. The traditional corporate model of prioritizing shareholder value may not be consistent with their personal ethics, but...
What are some mistakes to avoid with my new business?
There are, unfortunately, many ways to go wrong with a new business in Pennsylvania. Anything you can do or learn about how to make your business a success, especially within the first few years, can be incredibly beneficial. One of the best ways to help ensure your...
Business law considerations when starting a second business
After launching a successful business, it is not uncommon for a Pennsylvania entrepreneur to consider starting a second business. Far different from simply opening a new branch of the existing company, this often means beginning from scratch with an entirely new...
Business law: Do I need contracts for every employee?
Contracts can protect Pennsylvania business owners in many circumstances. It is wise to have a contract with customers when performing a service so both sides understand the expectations and obligations. Employee contracts are also a helpful part of business law since...
Business law advocate can help form solid strategic plan
Creating a strategic plan for a business is a complex undertaking, but a Pennsylvania business owner can use such a plan to keep his or her operations focused on the future. Whether one is starting a new business or already has an established venture, defining...
Business law includes preparing for the future
To ensure the success of a business, it is important to have a plan. Not only do thriving business owners make a comprehensive plan for the formation and running of their companies, but they may also make plan for the daily and seasonal needs of their businesses. In...
Business law: Many over 50 starting new businesses
As one long work week grinds into another, many Pennsylvania workers yearn for the days of retirement. In addition to making their estate plans to provide adequate income, those nearing 50 may plan to downsize their homes to allow extra money and time for travel,...
Entrepreneurs must consider many aspects of business law
Starting a business in Pennsylvania means tending to many details. Depending on the industry, an entrepreneur may have many aspects of business law to address, especially when the new company will include employees. Drafting an employee handbook is one effective way...