Business Law

As Kentucky residents continue to face the challenges of a tumultuous economy, many are turning to more predictable sources of income that provide steady income while allowing them to work for themselves. Whether it is renting out a room in the family home, a carriage...

In Kentucky, people can get involved in their own business in many ways. It is not always a matter of creating a product, marketing it and selling it by themselves. In some instances, they take an established brand and work under its umbrella by purchasing a...

Forming a new business is partly a giant leap of faith, but it can also require many carefully considered legal decisions as well. One of the first things a Newport entrepreneur needs to decide is which type of business they would choose to establish. The type of...

After cultivating a successful business in Newport for many years, the time may come when you want to retire. At this point you may be considering closing, selling or transferring your business. If so, you will want to know some basic points on what to do when it...

Choosing the best business form for your purposes is an important decision. Each form carries advantages and disadvantages that must be considered. The number of participants, the nature of the business and its long-term goals will all impact which form provides the...

Economists had bemoaned the slow, inexorable decline of entrepreneurship in America since 1980. Long seen as an important bell weather of a dynamic economy, business start-ups are a key ingredient necessary for job growth and resiliency that will sustain a productive...

Your small business in Kentucky may have seen considerable financial success over time and you may be wondering what the next step is to grow your business as you move into the future. One option that may be worth considering is incorporating your business. The...

A contract is essentially the framework upon which a business operates, whether it is between partners or contractors, for purchase or sale, lease or employment. A good contract pertains to the specific needs of the business and is legally enforceable, which ensures...

A business contract is perhaps the most important document a business owner needs to run his business. A contract is a promise that is enforceable by law. Making sure the contract is enforceable and has the specific elements that have relevance to your business will...

When two Kentucky entrepreneurs decide to join forces and create a business, they are usually filled with optimism and rarely do they give much thought to the problems their business may face as time passes. Business downturns probably receive as much or more...