155 Legal Do's (and Don'ts) for the Small Business Book

What's legally sound—and what's not—for the most common problems facing today's small business owner One 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 aliens DO be sure to comply with the requirements for hiring aliens DON'T trip over the discrimination laws when complying with the alien hiring laws Litigation—arbitration DO use an arbitration clause in your contract if the situation warrants DON'T allow the arbitrator to "split the award down the middle" Commercial transactions—warranties and disclaimers DO limit your warranty exposure by using proper terms in your sales order forms DON'T indemnify against patent infringement except where it is advantageous Financing—personal guarantys DO carefully consider the personal financial implications of signing a guaranty DON'T sign a guaranty without carefully considering the terms Types of businesses—conversion from a corporation DO convert your corporation to a Limited Liability Company (LLC), if appropriate DON'T ignore the tax effects of a conversion from a corporation to an LLCRead More