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…
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…
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…
The State of Georgia does not require partnerships or limited liability companies (LLCs) to file operating agreements with the Corporations Division of the Secretary of State. However, it is in the company owners’ best interests to negotiate, draft, and sign such an agreement for their own benefit. Owners should always consult with a business lawyer in Atlanta about putting…
Starting a new business enterprise can be a challenging venture, to say the least. One of the major considerations for starting a new business is deciding which types of insurance you need. Having the proper insurance in place can ensure that your business remains profitable – and that it is able to survive tough times. Atlanta business attorney Mark…
A limited liability company (LLC) is a type of formal business entity that many owners select for their companies. As with all types of business entities, there are pros and cons to an LLC, and you should thoroughly discuss whether an LLC is right for you with a business lawyer in Atlanta. Benefits of an LLC Unlike a sole…
Whether you are looking to start a new business or you have an established company in the Atlanta area, legal compliance should always be an important issue. When you violate laws and regulations, it can result in serious consequences of your company, and it may jeopardize your operations entirely. Always discuss compliance issues with a skilled business lawyer in…
