Business Law Defined

When someone mentions business law, more formally referred to as commercial law, it may not be immediately apparent what this entails exactly. At first blush one might think of commercial disputes and litigation, which are, unfortunately, altogether too common in our all too litiginous society. However, this aspect represents only a very small portion of the entire whole.

Webster’s New World Law Dictionary defines commercial law as: “The substantive law concerning the purchase and sale of goods and related matters such as the financing of credit, secured transactions, and negotiable instruments. Most commercial law in the United States is set out in the Uniform Commercial Code.”

In plain English, however, it might be said that business law encompasses every aspect of commerce that is governed by local, state, or federal regulation, including administrative regulations, such as those issued by the Environmental Protection Agency (for example); it also includes those facets of business custom and trade usage that have developed over time, as is often the case with mercantile law (often reflected in international trade law); and comprises all business arrangements and agreements (aka contracts), whether written or oral, as formulated between two or more persons, whether natural or legal (e.g. corporations), which generate reciprocal rights for such “persons” under civil law.

In a nutshell, commercial or business law covers everything related to business and commerce, and affects almost every aspect of our everyday lives in one form or another. From business formation to taxation, from trademark to termination, and a whole spectrum of matters that fall between. There’s a whole range of implications to take into consideration when contemplating business law.

Which brings us to the fact that, in today’s business environment, business owners and entrepreneurs are required to comply with a myriad of governmental regulations while, at the same time, they find themselves under tremendous pressure to compete in today’s market, faced with an ever more discriminating and demanding marketplace. And as if that weren’t enough, that same marketplace has now been “beamed” into “cyberspace,” which has become a whole new competitive arena with a steep learning curve all its own.

As a result, it is increasingly difficult for small business entrepreneurs to remain competitive, yet they are continually forced to shift their focus away from business in order to keep track of, comply with, and avoid the corresponding pitfalls of an ever-growing complex of governmental regulations. All that red tape can make it almost impossible for them to focus on their core enterprise.

Busy entrepreneurs need a partner, an expert who can guide them through the various pitfalls of compliance, someone who is willing and able to slice through all that red tape and, at the same time, show them how to protect their assets.

At Estes Legal Services we specialize in becoming that partner. We focus solely on business law and financial services, cutting through the red tape and freeing you up to focus on your core enterprise.

We provide the tools and advice, in the form of legal analysis and compliance programs, to keep your business on track.

Call now for a free, no obligation, on-site* consultation, and get your business focus back where it belongs, on your business!

*(On-site consultations are currently available only within the Estes Valley area.)

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HELLO ESTES PARK!

I have been away from the Colorado Rocky Mountains for way too long!! It’s great to be back!!

Those of you who have found this page probably already know a little about me. Nonetheless, please feel free to check out my “About” page for a little more information.

My practice is focused on business. I deal solely with commercial law and business services, so your professional service needs are met in a coordinated manner, resulting in greater quality, efficiency and savings.

The specific services I offer are outlined on the “Services” page. Please feel free to contact me with any questions or comments you may have.

Also, I am hoping that this page will rapidly evolve into a public forum where folks, like yourself, can come to find answers to their basic business and commercial law questions, and to add their own comments to the discussions.

I look forward to hearing from you!

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