Many business owners who opt to set up limited liability companies point to the liability protection that the business structure provides as a major reason for doing so. For legal purposes, LLCs are viewed as separate entities from their owners. This protects the...
For more than two months, your business has struggled due to COVID-19 restrictions. You have done what you can to service your customers in limited ways. But the revenue has been just a trickle compared with what you and your remaining staff were accustomed to for...
For Tennessee businesses, it is important to understand what steps to take when there are allegations that trade secrets and other key elements were used without permission or compensation. Being fully protected against these claims can be critical to the health of...
There are advantages and disadvantages of going into business with another person. On the one hand, you must share profits and losses. One the other hand, a partnership provides multiple ways of thinking, backgrounds, and personalities to serve the company best in any...
Renting a commercial space for your business can be an exciting step forward, especially if you are in love with the location. It is easy to get carried away with the idea of your business’s future in that space.However, it is important to be level-headed when...
Have you ever had a brilliant idea and thought that you could turn it into a business? Well, maybe it is finally time to put that plan into action. Getting a business off the ground is hard, but sometimes the hardest part is actually starting.The best place to start...
Business contracts don’t always experience a flawless commitment between two parties. Oftentimes, conflict arises when there’s accusation of stepping outside the agreed upon terms outlined in a contract. When this happens, there is a pause to the progress...
Buying a business instead of starting one from scratch can save you many headaches. However, buying a business still has its challenges. If you are considering this kind of investment, you will want to do your research carefully and be sure to avoid the common...
Business ownership is a dream for many enterprising individuals. Opening the doors of your own startup to serve your community is a singular feeling of accomplishment. Before you unlock the front doors, put a down payment on a building or even write your business...
Running your own business presents many challenges. After creating a unique product or service, you must produce it, market it, sell it, and compete with other businesses. Some companies will try anything to crush the competition. You may wonder how to know if a...
