List Price: $24.95

Tags: Business & Investing, Small Business & Entrepreneurship, Legal Guides,

Book Description:
What's legally sound--and what's not--for the most common problems facing today's small business ownerOne of the most difficult aspects of starting and running a small business is knowing what are the requirements for compliance with the law . . . and what legal pitfalls to avoid. This user-friendly guide, written by a practicing attorney, features a format that offers helpful cross-references and quick access to 155 major legal do's and don'ts in a variety of subject areas, including international transactions, contracts, intellectual property, computers, business succession planning, and more. Included are such important topics as:Employment--hiring aliensDO be sure to comply with the requirements for hiring aliensDON'T trip over the discrimination laws when complying with the alien hiring lawsLitigation--arbitrationDO use an arbitration clause in your contract if the situation warrantsDON'T allow the arbitrator to "split the award down the middle"Commercial transactions--warranties and disclaimersDO limit your warranty exposure by using proper terms in your sales order formsDON'T indemnify against patent infringement except where it is advantageousFinancing--personal guarantysDO carefully consider the personal financial implications of signing a guarantyDON'T sign a guaranty without carefully considering the termsTypes of businesses--conversion from a corporationDO convert your corporation to a Limited Liability Company (LLC), if appropriateDON'T ignore the tax effects of a conversion from a corporation to an LLC