Business Laws Unveiled

Each and every person in this world must have at least once thought about opening some sort of business to increase his or her income. No matter if you are thinking about opening a small family business or a larger company, you cannot do anything but obey the business laws! If you don’t, you and your business can get into serious trouble!

In case you are under the impression that you need to be a graduate of a business law college or have a business law major in order to understand and use some of the basic ideas of small business law and corporate business law, you are making a very big mistake. Perhaps you have heard form the news and the headlines that employment law for business is one of the most dangerous fields, as a person can easily break the business laws and regulations.

The least any business man should know is that he or she must meet the general international business laws. You must also consider the export laws, import laws and but, by all means, one must obey to the specific laws of the country in which your business is situated.

Should you own a company that operates in your home country, then you must get to understand the business laws there. If you cannot manage to get a business permit or license, you can find yourself in a great amount of trouble, as your business can get shut down. Not to speak about the inconveniences due to business and hefty fines and penalties!

If you thought that Internet and online businesses do not need to take these rules seriously, then you can have the unpleasant surprise of getting serious problems. Of course these types of business need to obey the business laws, but they are called Internet compliance laws. Therefore, should you be operating a website of any kind and do not care about all these rules and regulations, criminal prosecution and hefty fines are waiting for you right across the corner.

Well, if all these bad things have made you fear doing business of any kind, you must know that no one expects you to be able to navigate the complexities of any type of business law by yourself! The best option for you is asking for help from a qualified professional of a business law firm. This way you will never get into trouble of any kind!

The Best Business Law Books

Whether you are an entrepreneur, an employee or a business major in college, you will encounter various aspects of commercial law in your daily life. Commercial law is one of the most important things that every businessman out there needs to know about, and it constantly changes. Consequently, you are going to read some business law books to keep yourself updated.

Theories can be boring, especially if reading through dozens of business cases is not your idea of a good time. C. E. Bagly and C. E. Dauchy’s The Entrepreneur’s Guide to Business Law may just be the perfect book for you. It is very easy to read, especially for those that do not have any prior knowledge about the topic. This book is good to start with so that you can understand all about business law. For some people, it may be the only book they need.

R. A. Mann and B. S. Roberts’s Smith and Roberson’s Business Law is more appropriate for academic purposes. If you are a college student who wants to gain a strong understanding of this subject, then this is the book for you. The good thing about this book is that it is regularly updated. It’s the perfect book for law students or students who are taking business law classes. Another book that is suitable for college students is Cengage Advantage Books: Business Law: Text and Exercises by R. L. Miller and W. E. Hollowel. The book is clearly written and is very concise; it uses the least complicated ways possible to explain a very complex topic. This will be the right book for those who have been facing difficulties in understanding most of the ideas that are written in thick, complicated textbooks.

Business Law by Robert W. Emerson is a compulsory read for those who are taking college level examination program (CLEP). Despite that, this book is also recommended for those who want to gain more knowledge about the topic. The book is relatively easy to read and it covers most of the important aspects of business law.

Different countries have different laws, and commercial law is not an exception, of course. West’s Business Law: Text and Cases by K. W. Clarkson, R. L. Miller, G.A. Jentz, and F. B. Cross integrates global themes as well as a vast assortment of cases. It is a good book for college students as well as business practitioners, and like any other textbooks, the content of the book is updated regularly.

One of the most popular books on this subject is R. L. Miller and G. A. Jentz’s Business Law Today. Many readers agree that this book provides cases that are relevant to the issues that many businessmen of today face when starting or running their businesses. This book illustrates the topic in the most interesting way possible and it does not have any unnecessary information, avoiding any possible confusion over a certain area of business law. This book is a good reference book even if you are not an academic or a student.

The Importance of Business Law

If you fail to prepare, you prepare to fail.

A business is started not to fail but to succeed. There are a number of books that offers marketing strategies, guides and tutorial. There are even seminars and courses for those who want to engage in business. Still, thousands fail.

Preparing your company nowadays is an easy task. You can easily get marketing ideas on the internet. You can research and gather more information easily. You can attend short courses to improve your skills. You can better and cheaper suppliers on the World Wide Web. You can contact advertisers to promote your product or services.

But there is one thing you can’t read on books neither learn on business courses. And these are the legal services of business attorneys. A number of marketing and sales books can help you build new strategies but only business attorneys can give you legal advice with regards to your company. If you are building up a new business, you don’t want to mess up with the court. Even some of the greatest and the biggest businessmen that failed to seek counsel of business lawyer crashed.

Maybe you have the best talent for a particular company,you may have the capital, you may have the work force and you may have the knowledge – but business laws. Here in Texas, you have to be aware of certain business law. Texas Business law may cover fraud and deceptive practices, contract disputes, refusal of insurance claims, bankruptcy, right of creditor, partnership and corporate disputes. There also specific laws for real estate, oil and gas business and business sales and purchases. In addition, you should familiarize with draft and review of contracts and leases, employment contracts and even insurance policies.

These tasks are not for business persons but rather for business lawyers that have wide experience as well as educational background. You should seek for legal advice with business lawyers. Though you might not need permanent business attorneys, you can always hire one if you ever needed them. You don’t necessarily need an attorney who knows every single law, but rather a marketable business lawyer. This business lawyer must be familiarized with Texas business law, and should know what business you’re into. The business lawyer should not only assist you on the court but also give you legal advice whenever you need one.