Licenses & Permits

If it's time to close the doors on a dormant business, there are good reasons to do it before the end of the year. Here's how to take care of the issue.

Almost any business -- no matter how small -- needs to have certain permits to operate legally. Here are the 10 types of permits you're most likely to encounter.

Every startup must deal with a series of important legal questions -- whether they know it or not.

When it comes to some small-business legal issues, waiting to deal with them until you write your New Year’s resolutions will be too late.

Here are some issues to consider when you go through the due diligence process prior to buying a small business.

Does your employee frequently arrive late, lose days from work, or perform poorly or inconsistently? You may have a substance abuser on your hands.

My students often ask me to show them what a licensing agreement looks like. How would you go about drafting a contract with a potential licensee without having ever seen one? This is...

If you have had to close your small business for a period of time, no matter the reason, reopening it and starting again requires careful planning.

I met him back in 2003, before he had written the immensely popular Four Hour Work Week and achieved international acclaim. The book is still a best seller today! He is a remarkable...

Do you have ideas that should be sold in the marketplace? Are you employed, but looking for other sources of income? Licensing is a great side business for people with product ideas because...

Business responsibility for immigration grows after a Supreme Court ruling upholds an Arizona law mandating businesses hiring illegal aliens lose their licenses.

How do you establish business credit? Learn how to obtain business credit for your company without putting your personal credit and personal assets at risk.

Once your company is formed, you need to make sure your Corporation or LLC remains in good standing throughout the course of your business's life. This post offers a handful of questions you...

Tim Ferris is one of the most successful persons I know. I met him back in 2003, before he had written the immensely popular Four Hour Work Week and achieved international acclaim. The...

Are you employed, but looking for other sources of income? Licensing is a great side business for people with product ideas because it’s low risk and doesn’t demand a lot of investment. You...

You had a great idea and you found a company who wanted to license it from you — now what? Can you or should you still be involved with the project? I think...