If you're a business owner, leasing space for your retail business is likely an important concern. It's imperative to make sure the potential retail store lease you're thinking of signing in Georgia has terms that are beneficial to you. With that in mind, here are...
Business Law
What are the benefits and drawbacks of a sole proprietorship?
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...
Dissolving a business in Georgia
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....
Understanding severance agreements
When a business offers a severance agreement to an employee who is leaving the organization, it may outline the financial terms for his or her departure and also address insurance benefits, job assistance and other items. Businesses may offer severance agreements to...
Why having a business plan is so important
Many Cummings area residents have a dream of starting their own business. Being a business owner is an experience that can be life changing. But before a person jumps into a business venture it is important to spend time creating a business plan. It can a risky...
What should be included in an operating agreement?
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,...
Invoking force majeure during a difficult economy
In 2020, the United States saw an economic dip, downturns in GDP and job losses not seen in generations. Businesses in Georgia and across the country continue to suffer, whether it is brick-and-mortar retail stores and restaurants or the service, sports, entertainment...
Why might an LLC be right for your business?
An LLC – the common moniker for a Limited Liability Company - is a very popular business structure, especially for newly formed startups. LLCs are companies that have the characteristics and benefits of corporations, partnerships, and sole proprietorships. As its name...
How to ensure that a non-compete will be enforceable
There are many different businesses in Georgia and they provide many different products and services. The people running these various businesses have more things to do than simply providing the product or service. One of the more important aspects of a business is...
Succession planning is not just for family-owned businesses
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...