Starting a new business is a process that can be both incredibly challenging and immensely rewarding. In addition to the planning and execution of starting a new business, you will also have important legal and financial matters to consider during this time as well....
Protecting trade secrets and addressing disputes
As much as possible, businesses should avoid disputes by establishing preventive measures. But if a dispute arises despite taking the necessary precautions, the company must know how to handle the matter appropriately. One of the possible disputes businesses may...
What is a breach of fiduciary duty in a business climate?
Fiduciary duty is a bond between a principal or beneficiary and a fiduciary. They both enter into a legal agreement where the principal trusts the fiduciary to act on the principal’s behalf, and the fiduciary has the legal obligation to fulfill their duty with...
Is franchising a viable path to business ownership?
Those who wish to see their dreams of owning a company come to light might have a variety of options to consider when pursuing such goals. In some cases, prospective business owners may wonder if buying into a franchise is a viable path to entering the realms of...
Improving financial organization as a small business owner
Many of those who wish to pursue their dreams of starting a business may have concerns about the risks they might face in the process. There may be a variety of financial concerns that remain prevalent concerns for many small business owners and taking steps to...
Benefits of a thorough business succession plan
Business owners who wish to preserve the longevity of their endeavors may find that there could be a variety of strategies to help them achieve such goals. Those who wish to implement a strategy to help protect company interests through various stages of operations...
Preparing to dissolve a business partnership
While the idea of dissolving a business can seem a daunting concept, sometimes this may prove the best path available. The dissolution process may vary depending on the type of business involved and taking a thorough approach to such endeavors could be integral to...
Challenges businesses might face when shipping products
While some companies may mostly operate out of a physical location, others may off customers the option to purchase products online and have them delivered to their doors. Many businesses in Georgia may ship and receive numerous items each day and while this can be an...
The use of a non-compete agreement to benefit your company
One of the most important tools available to your business is a contract. A contract is a formal, legally binding agreement that outlines terms between your company and another party, such as an employee or supplier, that establishes the rights and responsibilities of...
Possible benefits of buy/sell agreements for businesses
When two or more parties decide to enter a business relationship, they may feel it vital to explore all the available options to help protect their interests through every stage of the endeavor. Business owners in Georgia who have questions about their available...