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What are C- And S-Corporations?
Have you ever heard the phrase “pierced the corporate veil” in the media and wondered what it really meant? The phrase refers to a situation in which the court system looks beyond the corporate identity and instead focuses on the individuals leading the organization....
What Happens When You Violate Regulatory Compliance?
The consequences of violating a regulation that applies to your business can vary from a mild notice to comply, to fines, to the closing of the business, and even incarceration. Legal action from violations can come from government agencies in the form of...
What Is A Regulatory Compliance Officer And What Do They Do?
Indeed.com, a premier digital job board, describes the role of a Corporate Compliance Officer as an individual who “is responsible for overseeing an organization’s compliance with government laws and regulations. Their duties include coordinating with company...
How Is Regulatory Compliance Implemented In Companies?
Corporate leaders and business owners are responsible for ensuring that their organizations comply with relevant regulations. Depending on the size of your organization and the resources available, you may take any of these actions to ensure regulatory compliance. Do...
What Is Regulatory Compliance And Why Is It Important?
Regulations at the local, state, and federal levels cover a vast span of industries, sectors, materials, and situations. Some regulations, such as Child Labor Laws, Minimum Wage, Pollution, and Food Safety, may feel familiar. Regulations in Business Yet, regulations...
When Is A Negotiation Agreement Not Necessary?
There is a lot of “buzz” in the media about always renegotiating and striving for better terms in new or existing agreements. However, negotiating agreements takes energy, knowledge, and time in a business. Knowing when it is worth it to negotiate can ensure that...
Who Should Be Involved When Negotiating An Agreement?
In the corporate world, the person in charge of negotiations is often, by default, a department leader, the person in charge of the project, the CEO, or the business owner. Yet, there is no guarantee that they are most skilled in negotiation. Have you ever gone to buy...
Is A Negotiation Necessary?
The Harvard Law School Program On Negotiation describes a negotiation as a process of finding your counterparts’ interests and reconciling them with your own to achieve a specific outcome. Negotiated agreements happen through back-and-forth communication to reach a...
How Do I Negotiate Business Agreements
In the course of your career, you are likely to perform many duties that were not explicit in the job description at the time of hire. If you are an entrepreneur, you are probably quite familiar with the concept of wearing many hats in your business. Negotiations...
What is a Legal Agreement?
The Legal Information Institute of Cornell University defines an agreement as a manifestation of mutual assent by two or more persons to one another. It is a meeting of the minds with a common intention, and it is achieved through offer and acceptance. Commonly...