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Non-profit organizations are crucial entities in every community. Non-profits often provide stability, resources, and services to many communities in need that local governments cannot, or will not, provide. The most https://financesonline.com/nonprofit-statistics/common non-profit organizations are:

Religious organizations, making up 16.7% of all non-profit entities;

UNDERSTANDING FARMOUT AGREEMENTS

A farmout agreement is a contractual agreement between an owner who holds a working interest in a lease, also known as the “farmor,” and another company, known as the “farmee,” who is assigned all or part of the working interest. As noted in the North Dakota...

On November 6, 2012, Colorado voters passed Amendment 64, legalizing the use and regulation of recreational marijuana. Two years later, Colorado started issuing licenses, and since then, the marijuana business in Colorado has boomed. Sales have increased every year since the market opened in 2014, and they show no...

HISTORY OF COLORADO MARIJUANA LAWS

Colorado has a reputation for being one of the most progressive states in passing reforms to marijuana laws. Colorado's legal framework has cultivated a booming billion-dollar marijuana industry that presently makes up 2% of the state's budget. However, like all other states, Colorado...

WHAT IS FAMILY AND FRIENDS FUNDING?

Starting a business can potentially require having or raising a lot of money. Whether it's designing prototypes of a product, renting a space for an office, or buying the technology to run it, there are a lot of costs that you incur...

Why Do Privacy Policies Matter?

Privacy laws have been in effect for decades, but developments in technology have necessitated that the laws adapt to address the increasing volume of data and information collected about consumers by Big Tech companies, online businesses, and businesses with an online presence. Therefore,...

What are incentive stock options (ISOs)?

Incentive stock options (“ISO”) are corporate benefits that are part of an employee's contractual benefits package. These benefits allow the employee to buy shares of the company's stock at a discounted price with the extra benefit of possible tax...

When starting a business, determining how you will distribute profits and losses can be critical in the company's operations. Every business and individual who enters into a contractual relationship wants to ensure that they are legally and financially protected. A clear and valid contract must be created that describes these allocations is...

Business growth frequently requires capital, but not all forms of capital are created equally.  Many businesses seek financing to secure funding, and the corporate finance industry offers a plethora of options.  The Small Business Association reported that in 2019, small businesses in the United States had a combined outstanding...

Property owners and developers have the legal right to enter into many different types of agreements concerning the way a piece property can or cannot be used. This is particularly true when it comes to natural resource extraction.  One of the primary forms of currency an oil and gas developer, for example,...