Turning Challenges Into Solutions
Building a legacy is crucial, but you need to keep it alive. Passing your business to your kids is one of the ways you can create a lasting legacy. However, you need to take certain steps to ensure this happens. For starters, you need to prepare your children. But how...
Most states require home sellers to fill out a lengthy “property disclosure statement” that discloses a lot of important information to would-be buyers – but Georgia is somewhat unique. There's no specific law that requires such complicated disclosures. The general...
For business owners in Georgia, intellectual property can be a vital asset. It encompasses business creations, ideas, processes and even secret information, all of which help your company thrive. While business intellectual property can increase the value of your...
An LLC, or limited liability company, is a preferred business structure for many Georgia entrepreneurs who prefer flexibility. The LLC helps protect your interests as the business owner, while still providing you with the structure you need to build a successful...
Incorporating a family member into your business as a formal partner can present a unique set of advantages and challenges. It can enrich your operations and secure your legacy – but it could pose a few challenges. The familiarity that comes with family relationships...
Bankruptcy is a process that helps people relieve their debts. After someone's debts are successfully resolved, they can accumulate new debt obligations. If these new debt obligations become too much, bankruptcy can be filed again. However, debtors will likely need...
Atlanta is known for being the home of large corporations like Coca-Cola and Delta Airlines. In a recently released study by the residential real estate site Home Bay, Atlanta came out on top as the best place to start a business. That’s up from the number five spot...
It can be difficult to think about what happen after you pass, including what will happen with the distribution of your personal property. It is not easy to consider your own mortality and make decisions that may not come into effect until years or even decades later,...
Recovering owed monies from debtors can be a daunting task, as creditors are often taken round in circles by elusive or uncooperative debtors who may employ various delaying tactics or avoidance strategies. If not handled effectively, debtors can prolong the debt...
As a business owner, you may have to make difficult decisions in the best interests of the company. One of these decisions may be to downsize the business. Downsizing isn’t straightforward and there are several things that you will need to think about. Outlined below...