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A business partnership can be a very positive dynamic for a company. Each partner can utilize their strengths and compensate for any weaknesses. With that being said, a business partnership needs to be maintained, and disputes can arise. A partnership dispute can...
Companies selling goods often rely on vendors, particularly when dealing with high volumes. This can be a beneficial relationship for all parties, with vendors selling their goods in high volumes to businesses that mark the goods up for a profit. All business...
Georgia law allows you to seek a number of remedies if you are the victim of a breach of contract. Typically, these remedies involve money being transferred to you from the defendant. However, it's also possible that the other party to the contract will be required to...
A seasonal business in Georgia can potentially turn into a lucrative endeavor. However, if your business operates year-round, you’ll need a way to continue to generate revenue during the off-season. What is a seasonal business? A seasonal business caters to a specific...
The meaning of the word commercial has various definitions. You should also note that it has various applications under the terms of Georgia state law. The term is usually employed to refer to commerce and other types of general business activity. However, certain...
Business ethics outlines various policies that Georgia companies should follow involving subjects such as appropriate practices and policies on corporate governments, discrimination, social and fiduciary responsibility and similar areas. While American law frequently...
When parties enter into contracts, they usually intend to meet their obligations. An anticipatory breach or repudiation occurs when a party bound by the terms of a contract either states or makes clear by their actions that they do not intend to do so. This commonly...
Many entrepreneurs in Georgia and around the country are choosing to establish limited liability companies instead of corporations when they launch a new enterprise. LLCs are flexible and easy to set up, and they offer the same liability protection as C and S...
Choosing a business structure is a critical decision for any new business in Georgia. It can have tax implications, as well as other legal and financial ramifications. Sole proprietorships A sole proprietorship is a business structure in which an individual operates...