Happy small business week to all the small business owners and employees here in middle Tennessee! From SBA website: Every year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and small business owners. […]
Monthly Archives: June 2013
5 posts
I hear many excuses from business owners on why they don’t have their contracts reviewed by an attorney. Most complain that lawyers are too expensive and it will kill the deal. While retaining a lawyer can be an expensive step, it does not have to be. I have positioned myself […]
Ask any business broker about selling a business, and one of the first things they are going to ask for is documentation. Financial records are very important to any valuation, but there are many other legal documents and issues that need to be addresses, such as ownership interest, proper filing […]
Having a properly drafted operating agreement is a very important step in the LLC formation process. There are many topics to address in the operating agreement, including management of the company, distribution of profits, member’s rights to sell interest, and termination of the LLC. If the operating agreement does not […]
Forming a non profit company in Tennessee has many of the same requirements that a for profit company does. It is very important to follow all the steps correctly to insure the non profit is able to function properly within the state. Below are the requirements for the initial charter. […]