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Legal Aspects in a Business Feasibility Study, Complete Discussion!

The legal aspect in a business feasibility study is the first thing that must be known. Although there are still many parties who do it starting from other aspects. Where this depends on the readiness of each company.

The purpose of conducting analysis on this legal aspect is to examine the validity, authenticity and perfection of existing or owned documents. For business feasibility study researchers, it is true that the document’s validity must be examined, as well as the authenticity and completeness of the document. These include:

• Owned permits
• Legal entity
• Land certificate
• Other supporting documents related to business entity activities
What is discussed in the legal aspect? Such as:
• Legality
• Form of corporate legal entity
• Planned articles of association of the company
• Departments / Agencies / Agencies related to the company

The legal aspects of a business feasibility study should be examined first

Maybe you are wondering, why should the legal aspects be studied first in the implementation of a business feasibility study. There is a reason, namely because if it is based on analysis to the legal aspect, it will be found whether a business idea is still feasible to be processed or not, so that if it is found that the business idea is not feasible to proceed from a legal aspect, then there is no need to continue to the analysis of another aspect.

The legal provisions are not the same

Each type of business of a company … Read More

Firms and Their Differences with Other Business Entities

Firma is an alliance of business entities to run and develop a business managed by two or more people under the name of a joint venture. Each member of the firm has full responsibility for the company. Because of this shared responsibility, the capital to establish a firm business entity comes from the joint venture of all members. With the concept of collected capital, firms are certainly different from limited liability companies (PT) and Commanditaire Vennootschap (CV) whose capital comes from shareholders or company founders. Likewise, PT and CV are different from each other because they have different terms and scales of business implementation.

Characteristics of a Firm

Every business entity has different characteristics. For example, a Limited Liability Company or PT that may not include the same name as another PT registered with the Ministry of Law and Human Rights. Meanwhile, Commanditaire Vennootschap or CV is a business entity consisting of active allies (investors as well as company leaders) and inactive allies (only being investors). When discussing firms, maybe we focus on law firms that often write down the name of a member followed by the word colleague.

Apart from these characteristics, there are other characteristics that we need to know.

-Establishing two or more people in an agreement.
-Using one joint business name in carrying out all business activities.
-Firm membership is very binding and valid for life.
-The members of the firm have the right to dissolve the firm.
-Each member can make an agreement with the … Read More

Different Advocates and Lawyers You Need to Understand from Now on!

When you hear the term attorney, perhaps the first thing you think of is court. Usually lawyers are needed to help parties who are in legal trouble. Not only lawyer, other terms such as advocate and legal consultant are also often heard. what is the difference between a lawyer and a lawyer, as well as a legal consultant? Below, Libera will provide some facts about this profession.

Laws Regulating the term Advocate

Basically, lawyer and lawyer have the same meaning. This has been stated in the Article on Advocates in which advocates, legal advisors, practicing lawyers, and legal consultants are all referred to as Advocates. With the enactment of this Advocate Law, it can be concluded that there is no difference between a lawyer, lawyer, legal consultant, or legal advisor. all people who are professionally providing legal services, both inside and outside the court whose working area is throughout the territory.

However, before the Advocate Law came into effect, the provisions regulating advocates, legal advisors, practicing lawyers, and legal consultants were scattered in various laws and regulations, so that the definition of a lawyer and legal advisor was different.

The difference is Advocate and Lawyer

Before the Advocate Law came into effect, the term for justice defender was very diverse, ranging from lawyers, legal advisors, legal consultants, advocates, and others. Basically, lawyers and lawyers are both considered as the party providing legal judgment in court. However, what differentiates is the area where it can provide legal services.

An advocate is … Read More