Ravosa Law Offices, P.C.
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Ravosa Law Offices, P.C.

Contact A Local Office

Local Massachusetts Law Firm With Global Ties

Business Law

The difference between Partnership, Limited Liability Company, and Corporation

On Behalf of | Aug 30, 2024 |

The difference between Partnership, Limited Liability Company, and Corporation I wanted to take a moment to discuss the differences between partnership, limited liability, and corporation as business structures. Understanding these distinctions is crucial for making informed decisions when starting or expanding a business. A partnership is a business structure where two or more individuals share ownership and responsibility for the company.…

The difference between Partnership and Limited Liability Company (LLC)

On Behalf of | Aug 2, 2024 |

The difference between Partnership and Limited Liability Company (LLC) Partnership: A partnership is a legal arrangement where two or more individuals or entities agree to carry on a business together and share profits, losses, and liabilities. Key terms associated with partnerships include: General Partnership: A partnership where all partners have unlimited liability for the business’s debts and obligations. Limited Partnership: A…

Corporate Transparency

On Behalf of | Jun 17, 2024 |

Corporate Transparency In recent years, there has been a growing emphasis on corporate transparency and accountability. Massachusetts, as a state known for its strong business environment, has taken significant steps to promote transparency within its corporate sector. One of the key initiatives in this regard is the requirement for companies to disclose their financial information and corporate governance practices. This…

9 Key Business Mistakes that May lead to Litigation

On Behalf of | May 10, 2024 |

9 Key Business Mistakes that May lead to Litigation: Whether you are a veteran business owner or just starting out, there are some key mistakes you can make that often lead to litigation. No one wants to be the object of a lawsuit, so I thought I would take a minute and highlight some common mistakes that sometimes lead to suits…

Benefits of Incorporating Your Business

On Behalf of | Sep 8, 2023 |

Benefits of Incorporating Your Business Incorporating your business can provide numerous benefits that can help you achieve long-term success and protect your personal assets. First and foremost, incorporating your business separates your personal and business liabilities. By forming a legal entity, such as a corporation or a limited liability company (LLC), you create a distinct legal entity that is separate from…

What You Need to Know About Non-Compete Agreements

On Behalf of | Aug 18, 2023 |

What You Need to Know About Non-Compete Agreements As you may have heard, there have been some key developments recently regarding the legality of non-compete agreements. Given that this news will have implications for businesses across the United States, I wanted to reach out with an overview of the situation: Earlier this year, the Federal Trade Commission (FTC) proposed banning companies…

Tips For Starting a Small Business

On Behalf of | Jul 21, 2023 |

Tips For Starting a Small Business Given there are 33.2 million small businesses in the United States, I find it’s a good idea to periodically reach out to people in my network and see if any have plans to open a small business — and that’s exactly what I’m doing today! If you or someone you know is planning to start a small…

Small Business Month

On Behalf of | May 19, 2023 |

Small Business Month May is Small Business Month, and as a small business ourselves, we know the challenges businesses of our size face — and the importance of having a strong network of supporters. That’s why we want to express our appreciation for your continued trust and support. It’s clients like you who keep us afloat and allow us to…

10 Business Mistakes That May Lead to Litigation

On Behalf of | Feb 17, 2023 |

10 Business Mistakes That May Lead to Litigation Whether you are a veteran business owner or just starting out, there are some key mistakes you can make that often lead to litigation. No one wants to be the object of a lawsuit, so I thought I would take a minute and highlight some common mistakes that sometimes lead to suits and…

Business Entity Overview

On Behalf of | Nov 21, 2022 |

Business Entity Overview When you start a business, you have thousands of decisions to make. One of the most important is how you will classify your business legally. And while you’ve probably heard the terms floating around — sole proprietorship, partnership, LLC, and corporation — it’s crucial to understand the differences so you can choose the structure that works best…

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