Your business is attracting public interest and the interest of investors. If so, it might be time to consider incorporation. There are benefits to incorporating your business that make this business structure an attractive option to many. What is a corporation? A...
When two or more people start a business, it is important to develop an understanding about how the business will operate. Ideally, partners should sign a written partnership agreement that covers key decisions regarding the formation and operation of the business. A...
One of the most traumatic moments for a small business is the unexpected departure of an owner. A departure can take many forms, from an intractable shareholder dispute to the death of an owner. Without competent advance planning, these events can ruin an otherwise...
In Georgia, people frequently associate a power of attorney as part of an estate plan. Another use for a power of attorney is in a business context. A business owner who is worried about what might happen to their solely owned business if they are incapacitated or...
Many Georgia businesses want to require their employees to sign a noncompete agreement. They also want to make certain that a noncompete agreement is enforceable. The law governing the enforceability of noncompete agreements in Georgia has changed several times in the...
In Georgia, it can be exciting to start a business. The prospect of working for oneself gives a certain level of freedom. However, it is not without its risks. Whether the person is selling a product, providing services or is serving as a go-between for others, there...
When a business owner first opens a business, dissolving the business may be the last thing on their minds. However, many business owners end up having to make the difficult decision to shut down their business due to financial difficulties or personal matters....
When setting up a business, it is important for business owners to set up an operating agreement and to know how to do that. An operating agreement is a document that outlines how financial and functional decisions for the business will be made including the rules,...
A lot of hard work and dedication goes into starting a business. Whether it is a startup or a family business that has been in operation within the family for generations, understanding what happens to the business after you retire or pass is important for business...
Even with the best prevention strategies and customer service, companies can face a variety of disputes, whether it is with a customer, vendor, business partner or employee. Sometimes the parties can resolve the issue on their own, but this is not always the case. If...
