No matter the size of their operations, no matter the services they provide, no matter the sectors in which they operate, all business owners must do everything in their power to ensure that their books remain balanced and every penny is spent with a purpose.
As a new business owner in Georgia, you will likely run into many types of legal terms that you may not have heard before. However, it is important for you to come to know as many of them as possible in order to run your business smoothly. For example, you will likely be dealing with confidentiality agreements to some degree, so you should know how they function before diving in.
Georgian business owners such as yourself go into your work with the understanding that not every party will always agree. This is why contracts exist. However, there are some cases where even contracts can fall apart, and we at Kaufman & Foreman, P.C. wish to help you get through the tough times of legal business disputes.
As a business owner in Georgia who may be looking to expand, there are a number of things that you should be aware of. Here at Kaufman & Forman, P.C. understand that you have worked hard to build up your reputation and business, and we are here to help you protect it.
Georgia entrepreneurs all have one end goal in mind: to start up their own business, and to see it boom into great success. But sometimes, getting a foot through the door can be a bit difficult, especially when there are so many hoops to jump through just to get a business off the ground.
Georgia is considered one of the best states to do business in. This is because many business owners and lawmakers alike are passionate about the support and growth of small businesses. However, after a recent federal decision, some are concerned about the future of franchising and what it might mean for local businesses.
Going into business in Georgia means you will be faced with a number of terms that you may have never seen before, or that you may have a limited understanding of. For example, the term severance agreement is sometimes thrown around, but what exactly does it mean?
As a Georgian entrepreneur looking into business options, you may be wondering what roads are the most accessible to you, or which avenues present the best opportunity. We at Kaufman & Forman, P.C. understand the importance of finding a good fit for your personal business style.
In 2011, Georgia lawmakers passed an amendment that gives businesses more power to enforce noncompete agreements. The Atlanta Business Chronicle states that the new law establishes a new technique the courts can use called “blue penciling.” Under the old law, the courts could essentially declare that the noncompete agreement between a business and an employee was not enforceable if just one provision was determined unfair.
As an entrepreneur, there are a lot of things for you to learn. If you are planning to partner with someone, or if you have partnered with someone, then you may want to look at whether you have an exit plan in your partnership agreement. At Kaufman & Forman PC, we know that regardless of how well you get along with your partner(s), disputes can arise. However, if the partnership dissolves, an exit plan could protect you from unnecessary litigation.
Anyone in Atlanta knows that being a business owner is not without its challenges, especially when it comes to employees. In some cases, the legal matter may have been generated from an employee while in others, it may be the establishment of a new law from the state or city that will affect the employer's relationship with the employee. Even franchise owners are not immune to such issues and they might even be at a larger disadvantage given their much smaller size.