If you’ve ever bought a house or been involved in another large transaction, then you’ve probably heard the term “escrow” before. But, what on earth does it mean? Well, it’s quite simple. This post will go through a normal escrow transaction, to help you understand.
Your IT Returns are a statement of your earnings, expenditures, profits, and losses for a financial year. Filing tax returns even if your income falls below the taxable slab can help you create a clear record of income earned and other details. In case, in later years your income increases to the taxable level, you […]
When you’re a small business owner, especially when the business is dependent on you as the owner, which most are, estate planning is essential. Estate planning is important for everyone, but when you’re a business owner you’re planning has additional layers that need to be dealt with, about not only your personal finances but your […]
The H-1B Visa is one of the most highly sought after types of American visas, and it is not hard to see why. In short, acquiring the H-1B visa allows you to come to work in the United States. However, not just anyone would be granted this visa, and there are complex procedures and a […]
A small legal business should have the ability to see the big picture and envision its success. Whether it’s finding new ways to sell or broadening the customer base. For a small legal business, there are several potential avenues to achieving growth. But first, the business needs to assess its business model and determine its […]
For many small business owners, hiring and then working with a lawyer can be an extremely intimidating process. There are a number of resources that can help small business owners make this decision; however, you cannot be sure of the results that you will receive unless time is taken to evaluate the services from each […]
You’ve exhausted multiple efforts to collect a debt owed by a client. You’re now at the point where you either write it off, or try litigation. Because of the time and cost involved, litigation should be a last resort for debt collection. But you can also reduce your investment in litigation and thus increase your […]
We all know Brexit is going to cause changes to the way UK businesses operate, but are UK companies prepared for the full extent of what the change means for them? Brexit will effectively shape the way Britain interacts with the world for decades to come, and nearly every aspect of UK law will have […]
As a business owner, you have a lot of responsibilities both in and out of the office. If you have sales personnel, drivers or employees who use a company car for business purposes, you know how important safe driving can be. It can cut down on insurance expenses and reduce the money you would have […]
It’s 2016 and the world of social media, as well as its integration with business are no longer emerging concepts. They’re firmly cemented in the business world, and the use of social media as both an internal and external tool is an essential part of most organizations.
If you’re just starting in the world of business, you’re going to run into a few pitfalls. If you haven’t planned well enough, legal issues can quickly take over your company. You might find yourself getting shut down, or paying extortionate fees to rectify those issues. Or, other companies might take advantage of your lack […]
Keeping in line with the law is one of the most important aspects of running any business. After all, anything going wrong in this area could spell disaster for the company somewhere down the line. However, staying on top of all the legal requirements can be more than a little difficult. This is one reason […]