Many LLCs are family-owned businesses, some already led by the second generation. These small business owners may wonder if their family-owned LLC still needs an operating agreement. The short answer is yes. At the same time, it may seem like an unnecessary hassle, but having an operating agreement in place can protect your business and… Continue Reading
If you are contemplating starting a small business, you are likely an expert in your field. Whether you have decided to strike out on your own as an independent plumbing service or open a real estate office, how you start your business can significantly impact your success. Most new small business owners have limited knowledge… Continue Reading
Are you looking to start or expand your business by looking at available properties in the Georgia area? Buying commercial real estate can be a great investment opportunity. However, it can also be risky, especially if you end up with a faulty deal. Signs of a faulty commercial real estate deal include an overly pushy… Continue Reading
No matter the nature of your business, you will have to deal with other people. Whether that means customers, vendors, business partners or stakeholders, healthy relationships are crucial to success. Loss of trust can result in a company collapsing or facing legal woes. By creating and agreeing to mutually beneficial legal contracts, all parties are… Continue Reading
Much of the legal action in commercial real estate rental is toward tenants who breach the terms of their lease. While this is the most common situation, the landlord is sometimes at fault. How can a landlord breach a commercial property lease? Increasing Rent Without Proper Notice Your lease may state that rent may only… Continue Reading
It would be best not to underestimate the importance of working with an experienced construction lawyer before kicking off a new project. Whether you are an engineer, investor, owner, developer or contractor, hiring a construction lawyer is vital to protect your interests during and after the project is completed. During the construction process, a collaboration… Continue Reading
If you are planning to purchase a real estate property, there are a number of legal processes you will need to complete before the final closing. You will need to have a home inspection and secure financing within a couple weeks of signing the contract. Land title reviews can be beneficial to identify potential issues… Continue Reading
If you are a first-time buyer, purchasing commercial real estate can be daunting. There are many decisions to make and you need to be able to legally protect yourself with the transaction. Contingencies can help you get out of a contract if something goes wrong without any damaging repercussions. Here are three important contingencies you… Continue Reading
Starting a business on your own can bring many challenges. If you deal with partners, vendors or clients, there are certain expectations in the relationship. A business contract can help you avoid disputes and financial losses. However, the language used in the document is important. Ambiguity in a business contract leaves the language open to… Continue Reading
Starting a small business is an exciting prospect. Imagining your plans and dreams becoming a reality can also feel daunting. One of the first obstacles you will face is deciding on the right business structure. This is a crucial stage, so take time to consider the pros and cons of each option. Businesses can take… Continue Reading