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...
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...
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...
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 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...
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...
