Failure is probably the last thing on your mind when creating a business partnership. Yet, the majority of business partnerships do not last. When they go wrong, it can lead to bitter fallouts that can damage both parties. Successful businesses partnerships require...
Month: October 2020
Month: October 2020
Commercial real estate transactions in Georgia
For the business owner planning to buy commercial real estate, whether as part of an expansion or in the initial plunge, it is wise to get the scoop on the complex and sometimes lengthy nature of the process. As it turns out, a commercial real estate purchase and sale...
The mechanics of a buy-sell agreement in Georgia
When two or more people decide to start their own business, they rarely pay much attention to the end of the business or to the choice of one or more owners to leave the business. Like a marital divorce, a small business divorce can be contentious and destructive of...
Important components of a valid business contract
Business contracts form the basis of most business relationships and outline the agreement between the parties and the rights and obligations of the parties to one another. Because business dealings can sometimes result in a contract dispute, it is helpful for...
How Can Crowdfunding Raise Business Funds?
Raising funds for a new business can be a tricky assignment, especially in this economic climate. Business owners need to find alternative means of raising crucial funds for new ventures or business operations changes. Operating in an entrepreneurial environment means...
With 5G on the horizon, patent fights between owners and innovators escalate
5G technology is set to change the way people communicate—in Atlanta and around the globe. It will allow for an instantaneous exchange of information between devices. Additionally, it will allow for more efficient information retrieval from so called “dumb” devices...
The traits needed in an effective business partner
As an entrepreneur, you have a clear vision regarding the focus of your business. You have come this far, but now you face additional challenges. For example, your company’s success requires a broad expansion that includes needed financial backing. Or you realize that...
Choosing the right form for a small business
Many entrepreneurs in Georgia look forward to the day when they will be able to operate independently as the head of their own small business. Turning the dream into reality can, however, require some important decision making. This post is too short to review all of...
How does Georgia define a trade secret?
All Georgia businesses want to protect their intellectual property from competitors, but defining intellectual property can be difficult. George has adopted the Uniform Trade Secrets Act, and the statute provides a usable definition of trade secrets. Unless a firm has...
Understanding the importance of a registered agent for an LLC
When creating and maintaining a small business in Georgia, there are many factors that should be considered. The details can sometimes get lost with the frenzy of activity and multiple responsibilities that come to the forefront, but the basics are critical to the...
