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...
Franklin Legal Issues Blog
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...
Apple files lawsuit against Epic Games
Apple is responsible for the latest move in the legal battle with Epic Games. Apple filed a countersuit against the company responsible for Fortnite and is now asking for unspecified damages for breach of contract. Gamers in Tennessee might be paying close attention...
Steps for establishing your Tennessee LLC
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...
Closing a business takes delicate, detailed planning
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...