Ready to Start a Business? Let LawInfo Be Your Guide
The JOBS Act, recently passed by the House, is on the road to create opportunity for entrepreneurs itching to launch their own small businesses. Unfortunately, however, the bill has been taken some heat as it is being considered in the Senate. The concern arises out of the complete removal of some investor safeguards only relatively recently put into place.
For example, one group of senators has suggested capping the amount raised through crowd- funding at $1 million, and requiring that those soliciting funds register with the SEC. Additionally, to help unsophisticated investors, it would cap investments at the greater of $2,000 or 5 percent of income for those who earn less than $100,000. These changes are meant to protect people from investing all or most of their money in fraudulent ventures.
Business Law Resources at LawInfo
While the reform to investor safeguards and how to encourage economic growth is being considered, LawInfo is your source for your other Business Law considerations. I like to think of the LawInfo topic pages as an electronic Encyclopedia of sorts. You can find information on almost any legal topic you are considering, and you will be pointed in the direction you need to go in order to find out more.
Or, perhaps your business is already more established, and you are considering incorporation. In that case, you can learn more about what an S Corporation is, and whether it is the best choice for you. Or perhaps the recently en vogue LLC is the way to go.
After you have finished reading through the materials, if you still have outstanding legal questions, you can find a listing for a Business Law Attorney in your area.
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