Dictionary of Legal Terms
What is a Balance Sheet?
A financial statement showing the assets and liabilities of a business enterprise.
Don’t Underestimate the Taxes When Selling Your Business
Just like any other transaction, the sale of a business is considered a source of income, and sellers are often obligated to pay taxes.June 26, 2019
Can I Sell My Sole Proprietorship to My Kids?
While it may seem straight-forward, transferring ownership—regardless if it’s to a child or to an external buyer—can be a complicated process.June 25, 2019
BizCounsel provides access to independent attorneys at your direction. BizCounsel is not a law firm or lawyer referral service and cannot provide any advice or opinion about your legal rights. BizCounsel does not endorse or recommend any lawyer or law firm who advertises on our site. Membership in a legal plan is not an endorsement of any firm or attorney. Information you submit through this site may not be protected by attorney-client privilege.
LegalZoom is a registered trademark of LegalZoom.com Inc. BizCounsel is not affiliated with LegalZoom and nothing on this site or otherwise is intended to imply LegalZoom.com Inc. endorses or approves of BizCounsel or its services.