by Davis Business Law | Feb 22, 2024 | Blog, Business Law, Limited Liability
Deciding to form a Limited Liability Company (LLC) involves careful consideration of the pros and cons. An LLC can offer crucial protection for your personal assets, but it also comes with its share of downsides, like potential difficulties in raising capital. Through...
by Davis Business Law | Nov 20, 2023 | Blog, Business Law, Corporate Status
The federal government has added yet another level of bureaucratic oversight to the business landscape with the implementation of the Corporate Transparency Act (“CTA”). New federal reporting requirements take effect Jan. 1, 2024, and will impact 32.6...
by Torro | Sep 9, 2021 | Blog, Business Contracts, Kansas Business Law, Oklahoma Business Law, Texas Business Law
A valid contract legally binds the parties in the contract to certain duties under the agreement. First and foremost, the parties have a duty to perform their obligations in good faith according to the terms of the contract. As long as they do so, there is no problem....
by Torro | Nov 30, 2020 | Blog, Corporate Governance, Corporate Status, Kansas Business Law, Limited Liability, Oklahoma Business Law
When it comes to creating a business from the ground up, the list of decisions that you will have to make can seem overwhelming. One of the biggest decisions you can make starting out is to decide if your business will be an LLC or a corporation. In today’s post, we...