Commercial building construction is a serious business. Every project requires large amounts of funding and considerable time to come together. Because these endeavors are so complex, official documents detailing expectations remain necessary. When one side fails to...
Franklin Legal Issues Blog
Things to consider when choosing your business structure
One of the first steps in forming a business is choosing the right entity based on how you intend to structure your company. There are five overarching types of business structures. Types of business entities The five main types of business entities include: A sole...
How to know when it is time to sell your business
Whether your business has hit a rough patch that you can not get out of, or it is thriving so much that you are struggling to manage it, there can be many situations where you might consider selling your business. You may find yourself thinking about selling it, even...
Are you ready to become an entrepreneur?
The idea of starting your own business can be exciting for many reasons. That said, it can also be an intimidating thought as well. While it can be a complex endeavor, you should not necessarily discourage yourself from entrepreneurship. By taking the time to look...
3 questions to ask yourself before leaving your family business
If your family has a successful business, you may have found a job waiting for you when you finished your education. Even if you are happy with your position, you may wonder if you want to devote your entire career to the family business. You may also question whether...
Construction disputes: Tips on how to solve them
Construction disputes are very common in Tennessee, and they affect construction projects negatively. If you're a construction business owner, it is important to know how to solve these disputes to ensure that your construction projects are a success. What are...
How are LLCs taxed?
If you are starting a business in the state of Tennessee, you generally have the right to organize it as a limited liability company, or LLC. One of the potential benefits of creating an LLC is the ability to select how you would like the entity to be taxed. In most...
How to successfully pitch to venture capitalists
Partnering with a venture capital firm may be an ideal way to obtain financing for your Tennessee business. However, only a handful of companies will actually receive funding from this type of investor. It may be possible to improve your odds of receiving venture...
How to avoid FMLA disputes
According to the Family Medical Leave Act (FMLA), most employers in Tennessee and around the country must provide their employees with unpaid leave under certain conditions. During this time, employers must continue to give their employees health benefits and have...
The development of an LLC
You may be a brand-new business owner in Tennessee and excited about the formation of your new company. There are various business structures to choose from that all affect taxes in varying ways. You may be interested in forming an LLC to meet the goals that you have...