Blog

In this Blog post, we discuss the importance of a succession plan for the resilience of your business. Having a succession plan in place allows a business to be better prepared for unexpected departures or changes in management. It ensures business continuity by preparing for the inevitable changes in leadership, helps minimize disruptions, maintains organizational stability and confidence among stakeholders, and can have favorable tax consequences.

The Corporate Transparency Act is officially here. Its new, its widely applicable to small and mid-sized businesses, and non-compliance can have significant repercussions. As a result, it's important for companies to develop an internal CTA compliance program. In this Blog post, we discuss the 10 steps to create a robust CTA compliance program.

In this Blog post, we discuss the new federal corporate reporting law, known as the Corporate Transparency Act (or CTA), which went into effect on January 1, 2024. The CTA, which includes steep penalties for noncompliance, will impact over 30 million businesses. Under this new law, Beneficial Ownership Information (or BOI) must be reported to FinCen, a bureau of the US Department of Treasury.

Navigating business law without a lawyer isn’t just challenging; it’s a risky gamble. Why roll the dice when you can have the assurance of strategic legal guidance? In this Blog post, we discuss that when money, compliance, risk, and contracts are at stake, it may be time to hire an experienced business attorney.

Do you have an idea for a new business? Working with a business lawyer will help to ensure that you're structuring your new business in the most advantageous way. In this Blog post, we discuss several ways in which a business lawyer can help establish a new business. Contact us at www.jsettleslaw.com today for a free initial consultation.

Cyber Scams In today's interconnected world, cyber scams have become increasingly prevalent and sophisticated, targeting individuals and businesses alike. The ability to recognize and avoid potential cyber scams is crucial in safeguarding personal and financial information.

All businesses need capital. In this Blog post, we summarize some of the different financing options available to a small and medium-sized businesses.

Like all humans, corporate officers and directors are not always perfect. In this blog post, we discuss the legal theory known as "the business judgment rule", and its application and relevance to officer and director liability and to good corporate governance.

In this blog post, we describe what corporate governance means and why its important. We list 5 reasons why good governance means good business, and 5 tips for implementation. We also discuss the concepts of ESG and DEI and their role in entity governance.

Limited liability companies are a favorable entity choice in many cases. In this Blog post, we discuss several of the advantages and attributes of a limited liability company.

What Are Fiduciary Duties?   In the context of corporate leadership, fiduciary duties include the duty of loyalty and the duty of care. In this blog post, we break down the fiduciary duties of officers and directors, and discuss their elements and importance to sound corporate governance.

Many factors must be assessed when forming a new business. Founders must think about liability concerns, taxes, administration and other topics before forming a new business. In this Blog post, we discuss several important factors in the formation of a new business.

Due diligence is a critical and complicated aspect of M&A and other commercial transactions. In this blog post we discuss the importance of due diligence and why its performed.