Why You Need a Business License

When you're caught up in the excitement of starting a new business, it's easy to ignore the need for licenses and permits. However, licenses and permits are mandatory, and before…

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Getting Paid: How to Pay Yourself from Your LLC

When forming a limited liability company (LLC), you may be concerned with how to pay yourself so that you can profit from the company's success. Payment options include a salary,…

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Why Do I Need a Registered Agent?

If you own and/or run a small business, chances are your state requires you to have a registered agent—most do. But even if your state doesn't, strongly consider getting one.…

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How to Find the Right Lawyer for You and Your Business

Every small business eventually confronts the question of how to find the right lawyer. As you grow, you’re likely to find yourself in need of business lawyer services like incorporating, signing…

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Types of business contract

In this chapter we move away from studying basic principles of general application to all contracts to look at specific kinds of contracts in common use in the business world.…

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Intellectual Property

The Nature of Intellectual Property Intellectual property is the product of mental activity, i.e., ideas or inventions, of which individuality or originality is an essential feature. Intellectual property is non-exclusive.…

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Personal Property

Personal property can be divided into three main types: 1. Chattels or goods – tangible, moveable things such as cars and furniture. 2. Choses in action – intangible things (chose…

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Property Rights

In law, the term property actually refers to a person’s rights in relation to something other than the thing itself.199 The acquisition and use of real property (immoveable property like…

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International Business Law

The laws that impact a Canadian business that engages in the export and import of goods fall roughly into two categories: 1) laws that control or facilitate trade and 2)…

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Environmental Protection

Protection of the environment is the shared responsibility of the federal and provincial/territorial governments. Although municipal governments also play a significant role in environmental protection by passing by-laws related to…

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