Northern Georgia General Law Blog
Do buyers benefit from noncompete clauses?
Buyers have much to consider when purchasing a business. Depending on the circumstances, a new owner might have concerns that the seller may give the business to them, only to set up shop a few streets down. However, buyers can enforce a noncompete agreement, which...
Selecting a business structure that meets operational needs
Owners have a lot to consider when building their business. Some begin by creating innovative products and mapping out their ideal business model. Doing both are important steps in laying a solid foundation, but they can’t be done without having the appropriate...
Businesses can increase their value by enforcing NDAs
Businesses often have to share private information with other parties. However, they must do so safely. One way companies can protect private data is through nondisclosure agreements. NDAs can make sure intimate details like a business’s performance, intellectual...
Why some buyers may walk away from a home purchase
A home can be one of the most significant purchases a person makes in their lifetime. Unfortunately, the stresses and anxieties often caused by this decision can drive some to walk away from the deal entirely. According to a recent report, approximately 32% of...
Steps to improve your company’s cybersecurity
During an age when cyberattacks occur on a regular basis, it’s critical for business owners to understand the risks and take control of their security to protect themselves and their clients. Taking proactive measures to address security vulnerabilities also shows...
How a living trust can help pass the family business to the next generation
There is a big question often on the mind of a business owner: How can I ensure my trusted loved one will be able to take over this company, a prized legacy that has supported our family for so long? Finding a suitable answer is often a critical part of estate...
American bankruptcies see a “graying” trend
Bankruptcies among seniors is growing rapidly. In 1991, bankruptcy filings for those 65 and older made up 2% of all claims while today senior bankruptcies are at 12%.A recent research paper by Indiana Legal Studies says safety nets for older Americans have shrunk over...
What are my bankruptcy options as a business owner?
Businesses can suffer from the accumulation of debts relatively quickly. This is primarily because many external factors can affect a business' success. Even if a few months ago your cash flow was healthy, you may have fallen into debt fairly swiftly due to a...
What are the advantages of a partnership?
When looking to create a business or grow an existing business, you would be wise to investigate the different business structures that could be used. Organizational structures form the basis of the workings of any business; therefore, it is perhaps one of the most...
Enforcing your right to a quiet home
Everyone has the right to live in a home that is free from excessive external noise. Noise can seem like only a minor consideration when deciding whether to purchase or rent a property; however, excessive noise, especially during antisocial hours, can have an...
