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- Common Contract Clauses
This article intends to highlight and decipher some of the most common clauses that appear in a typical business contract. These basic provisions, called boilerplates, are included in agreements to protect the contracting parties. They typically follow a standard format and they are worded carefully in order to hold up in a court of law. Even though most contracts include these boilerplates, many people do not read nor understand what they are signing.
- Which Business Entity is Right for You?
There are many different types of business entities, each having their own advantages and disadvantages. This article intends to define and explain some of the most common entities. Since people have different goals and circumstances, it is important for one to know which option is the best fit for his or her business.
- Corporate Structure – Levels of Legal Control Over a Group Medical Practice
When the partners in a group medical practice argue, usually it comes from one of these problem areas: control, compensation, exit. This article discusses control.
- Avoid Successor Liability when Buying a Medical Practice, including Provider Numbers and Taxes
How to avoid successor liability when buying a medical practice, specifically as regards provider numbers and taxes. It’s a nasty surprise to discover, after you’ve paid the purchase price for the practice, that you must pay the seller’s debts and liabilities from before the closing.
- 4 Common Types Of Small Business Litigation Suits
While big corporations and companies get sued fairly regularly, small businesses are liable these days as well. Small business litigation suits are more common than people think, and they can have serious consequences for the companies involved, including costing huge amounts in legal fees and settlement costs, tainting professional reputations, and taking up valuable time and effort.
- Corporate Structure, Levels of Legal Control Over a Practice
When the partners in a health care practice argue, usually it comes from one of these problem areas: control, compensation, exit. Today Iï¿½ll talk about control.
- Always, Always, Always Read the Contract
Think about the last contract you signed. Did you know which sections were negotiable? Which provisions, with negotiated changes, could have enhanced the value received from the contract?
- The California Revised Uniform Limited Liability Company Act and What It May Mean for You
The California Revised Uniform Limited Liability Company Act (“Revised LLC Act”) to be enacted on January 1, 2014 may dramatically affect companies with no operating agreements, or operating agreements that do not address the new default provisions under the Revised LLC Act.
- Should you Incorporate your Dental Practice?
What are the costs and benefits of forming a dental corporation? It’s a tough question. The answer depends on a balancing of different factors. Most of us suffer information overload not long after starting this analysis. All of the factors start swimming around in our minds and we don’t know what to think.
- When a Business Folds, Who Is Responsible for Its Debts and Other Obligations?
A common question among small business owners is who will be responsible for debts and other obligations if a business entity folds or reorganizes. Many things can happen in the life of a business entity, whether a corporation, LLC, partnership, or sole proprietorship, and this can lead to questions about who will be left holding the bag.