Many companies obtain patents to protect their designs, formulas, and other inventions and product information. However, not everything that a business might want to protect qualifies for patent protection, and also, some owners might not want to expose the information necessary to obtain a patent. For this reason, a common way to protect proprietary information of a company is…
If you are in business with others or plan to be in the near future, you should consider what may happen if one of your associates wants to leave the business. Without an agreement to the contrary, a co-owner’s business interest is completely transferable, meaning that you may end up in business with a person you have never met…
Mergers and acquisitions are high-stakes transactions, and an improperly handled deal can impact your company’s future success. It is essential that you have legal guidance from a business lawyer in Atlanta who can examine all of the possible implications of your merger and acquisition. A key part of this is conducting due diligence, which can be time-consuming and involves…
Many companies do not need their full workforce or might need to cut payroll. In addition, some employees might quit to find other work, due to a lack of childcare, or other circumstances. In any event, business owners should be prepared for changes in their staff as 2020 progresses. One issue to remember is that there are rules regarding…
As Governor Brian Kemp issues orders that allow certain types of businesses to reopen throughout Georgia, business owners have many issues to consider and address. First, there are strict requirements as you are opening, which might include: Limiting the number of employees and customers you can have at one time Implementing intense disinfectant and sanitation routines on the premises…
It seems that the COVID-19 pandemic has largely brought life as we know it in Atlanta to a halt. Many company owners have had their operations paused or at least lost revenue, and the future is uncertain for numerous businesses. Some company owners are unable to perform under their current contracts, and this could lead to allegations of breach…
In the past, non-compete agreements were often a standard part of an employment contract. When an employer hired someone, the company had the new hire sign an agreement that limited where and how they could work if they left the company. While this was an attempt to protect the company from unfair competition from the former employee, many people…
Going into business with one or more partners can be highly beneficial. Each partner can bring their own ideas and talents to the table, which can help set the company up for success. Partners also share responsibility for investments in the business, as well as liability. Finally, general partnerships require no formal filings with the state to start operations,…
Compliance is key for any type of business to prevent unnecessary complications and penalties. Laws continually change each year, and numerous laws and amendments went into effect in Georgia as of January 1, 2020. For this reason, it is critical to review whether your business will be in compliance with all new provisions. The following are only a few…
Every type of business will face legal issues, and many owners have regular legal questions and concerns. Larger companies often decide it is time to hire general counsel to be available whenever they need legal assistance. However, many companies do not have the resources to hire a full-time employee or do not have legal issues regularly enough to justify…
