Friday, August 30, 2013

Your Own Argument and Opinions


In my own opinion, the whole process of acquiring a business and maintaining it is a long and hard legal work; therefore you should have someone you can trust along your side. All the legal terms are complicated and a never ending process. “How can shareholders ensure that the corporation will operate in their best interest? How can managers make tough decisions without being second-guessed by shareholders? Balancing the interests of managers and shareholders is a complex problem the law struggles to resolve.” (Cengage Advantage Books :Introduction to Business Law page 407) Keeping everyone happy is close to impossible but as a business owner and operator you can not do anything else but to try. “Wise entrepreneurs know, however, that careful attention to legal issues is an essential component of success. The idea for the business may come first, but legal considerations occupy a close second place.” (Cengage Advantage Books :Introduction to Business Law page 388) A great business idea, and great costumer service always comes first, yet all the legal work is a close second. As a business owner you want nothing but for your business to succeed, that is why it is important to understand the law as much as possible, and having a good lawyer to help you along the way would never hurt you. “There are no easy answers to any of the questions because there has never been a democracy so large, so diverse, or so powerful.”  (Cengage Advantage Books :Introduction to Business Law page 70) If what you are looking for is an easy way to make your business lawfully stable, you will do nothing but to fail since the legal aspects to everything requires a lot of work from an individual, it is a never ending job and there is no easy answer.

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