Starting a new company creates legal and financial obligations. Both contracts and legal requirements govern the conduct of business owners, including business partners. Business partners often negotiate exhaustive contracts with one another outlining their...
Business Law
Can a business owner change the type of company they run?
The decisions made at the beginning of a new business can have a profound impact on the future of a company. Decisions ranging from who to hire to how to fund the company have lasting implications on company operations. One of the most important decisions that a new...
What next if a board member becomes a liability
Someone sitting at the decision-making table of an organization should do more good than harm. When they do the opposite, perhaps through missing funds, poor judgment, or decisions, they risk damaging the reputation of your organization. Protecting the organization...
Why private arbitration is preferable when resolving disputes
When businesses must resolve disputes, it is often an overreach to immediately turn to the Georgia courts. While the civil courts remain available to address legal conflicts between business entities or others, they don’t need to be the first option to turn to. Many...
Creating severance agreements that protect employers
Employment contracts are among the most important written agreements that businesses establish. Businesses must address an assortment of different critical legal issues, ranging from compensation to performance expectations. Severance packages are often part of...
How can you head-off partnership disputes in your business?
Choosing the right business structure is imperative to the success of your business. Not only will it dictate the amount of liability exposure that you’ll experience and how taxation will occur, but it’ll also control how much power you’ll retain over business...
Preparing a business for a merger in Georgia
Mergers can present exciting growth opportunities for businesses, but they also involve complex legal, financial and operational considerations. As a result, they are not opportunities that should be approached lightly. If you own a company, know that preparing your...
Noncompetes are dead, but nondisclosures are not
One way that businesses used to protect their intellectual property and trade secrets was through noncompete agreements. Employees who signed these agreements were prohibited from leaving the company to start their own business or join a direct competitor. This way,...
3 common mistakes when leasing a commercial property
Leasing a commercial property is often a challenging process due to the variety of lease types, detailed agreements, the need for negotiation and other important factors. Even more concerning is the fact there are so many potential pitfalls along the way. Even so,...
Is it time to exit your business partnership?
Business partnerships provide a multitude of benefits for everyone involved. Although they require sharing the profits, responsibilities and expenses are also divided. In an ideal partnership, each person brings unique skills and expertise to grow the business....

