business formation Archives

3 tips on mergers & acquisitions

As a Georgia business owner, you’re likely well-aware that growing your enterprise is a vital aspect of success. Merging is with an existing business is one way to pursue your goals and going into the process with the right information is hugely important. Entrepreneur offers tips on how achieve a successful merger, which will help ensure success and prevent potentially damaging legal issues from occurring.

What is a limited liability partnership

When friends or partners decide to come together to make money, they may be forming a general partnership. In many cases, this type of partnership is informal and may not involve a contract. However, if something should happen regarding the business, it may be best to have a contract in writing to help with technicalities in the future. A general partnership with no contract in place leaves the risk of liability if something should arise. If you wish to turn your general partnership into a legal entity, you may choose to start a limited liability partnership or LLC.

Analyzing the pros and cons of sole proprietorships

When the opportunity arises to start your own business in Gainesville, the question of which business model to follow immediately arises. Many in your same situation come to us here at The Roberts Law Firm, P.C. thinking that having business partners automatically gives them an advantage. Like them, you may be surprised to hear that is not always the best move. It all depends on what you want. 

Things to think about when starting a contracting business

At the Roberts Law Firm PC in Georgia, we believe in entrepreneurs like you. We also know, however, that starting a new business is not only exciting, but also complicated and fraught with possible perils. The decisions you make before ever opening your doors for business can have positive – or negative – effects on your company for years to come. That is why is it so important that you think carefully before making any decision.

Getting your EIN

It is often the small steps that slow a business from getting off the ground in Gainesville. You (and your business partners, if you have any) have made all of the important decisions regarding your company's management structure and your service model, and you may even have client orders pending. Yet there still is one step that may need to be taken before you can officially be open for business, one that many of our clients here at The Roberts Law Firm, P.C. overlook: Getting your tax identification number. 

What can you do to build a strong foundation for your start-up?

If you have recently launched your start-up company, chances are you have already poured hundreds of hours into strategizing, analyzing and planning how to market and sell your product or service in Georgia. Propelling your company past competitors and highlighting what makes your product unique are tasks that can only be accomplished with a solid foundation. Additionally, you must remember that maintaining a smooth-functioning organization will require dedication and persistence. 

Four types of companies for the way you want to conduct business

Starting a business in Georgia can be scary, but it is exciting too. It can also be confusing and more than a little frustrating to wade through the paperwork that comes with such a venture. There are many decisions to make before you even open the doors, decisions that will impact your business and how it operates. The team at the Roberts Law Firm often helps people understand the pros and cons of these choices so they can make informed decisions and get their business started on the right foot.

Forming an LLC

Starting up a business can be a scary venture, even when you have the assistance of friends and associates in Gainesville. All of the excitement that you and your potential partners may feel about charting your own professional course is often tempered by the hesitancy to stake your own personal assets on what is (at least at this point) an unknown commodity. Many have seen this same concern deter them from ever branching out on their own. Several of our past clients have come to us here at The Roberts Law Firm, P.C. asking what is better: To enjoy the protection offered by a corporate structure or the control afforded by a business partnership? Our response: Why not have both? 

Georgia among the best states for businesses

Many factors go into the brainstorming and formation of a business. First, you have to recognize your ability to work independently in a chosen field. Then, you have to find partners, investors, property and write a formal plan. One of the most motivating factors in running a business is the opportunity to make your own money, and factors that affect your local business environment such as zoning, taxes and economic development should also come into play that could affect your moneymaking ability.

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The Roberts Law Firm, P.C.

The Roberts Law Firm, P.C.
604 Green Street
Gainesville, GA 30501

Toll Free: 866-594-7535
Phone: 404-537-2796
Fax: 404-841-0775
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