Recent Posts & News
Legal Mistake #1: Where Does Your Limited Liability Lie?
Protection or Legacy As business owners, we are devoted to running our businesses. However, the pitfall of being caught up in day-to-day operations is the failure to think about the out of sight, out of mind needs of your business. Legal requirements continue even...
8 Areas of Business Vulnerability – Introduction
If you are a business leader with a growing business, chances are you’ve had to deal with legal problems that have sprung up. Unfortunately, this is the way most business owners deal with legal issues — they wait until a fire starts, then scramble around in an attempt...
Are Oklahoma Businesses Required to Comply with the EU’s Privacy Protection Laws?
If you thought that you did not need to worry about compliance with a law enacted to protect consumers in the European Union, think again. The General Data Protection Regulation (GDPR) could apply if your company does any business in Europe. The penalties for...
What Three Elements Must I Include in a Business Contract?
Three ElementsUsing contracts is essential when conducting business transactions for several reasons. A well-drafted contract protects your interests and reduces the chance of a lawsuit because of a misunderstanding. A written contract, when it contains the necessary...
Five Requirements to Maintain Your Company’s Corporate Status
Five RequirementsA company may choose to incorporate for a variety of reasons. Obtaining corporate status provides several benefits, including limited liability for shareholders and officers. Safeguarding personal assets is one of the primary reasons that many people...
Keep Your Business Cyber Secure!
As the calendar turned into the 21st century, technology began to become more advanced and widespread. From cell phones to e-commerce, the average consumer is engaging in online transactions at a great pace. However, as the consumer increasingly looks...
Get it in writing!
“Did you get it in writing?” This expression is so often used that many people think it is the law. The reality is that oral contracts are just as valid under the law as written contracts.Many companies use oral contracts with their customers to make the business...
Benefits of TOD Accounts
What expenses can I eliminate? Every small business owner has grappled with this question. Most Americans have dealt with this question for their personal expenses as well. Legal expenses are one of the most attractive expenses to avoid.Therefore, many...
Start With Why
One of our favorite books is Simon Sinek’s “Start With Why.” His premise is the long term successful companies have a clear “why” which is a purpose or mission that drives what they do every day.At Davis Business Law, we believe everyday people can...