Legal Services At The Intersection Of Business And Life
Businesses of all sizes and purposes in Tennessee may need to hire employees. Companies rely on the talent of employees to offer goods and services to the public to generate revenue. However, hiring employees comes with a great deal of liability. Obviously, employers...
UPDATED ON: MARCH 8, 2024 Whether a worker is an employee or an independent contractor is an important question to answer. Correctly answering this question is crucial for both businesses and workers. If a business or worker fails to correctly classify the working relationship, there can be steep implications at the local, state, and federal levels. To help make sure you…
Are you a proud small business owner or an intrepid startup founder basking in the glow of your fresh new venture? Congratulations! But before you get too cozy, there's a new regulatory dance you might need to learn: the Corporate Transparency Act (CTA). This...
As an employer in Tennessee, you must comprehensively understand tip laws that govern your business. Complying with these regulations ensures fairness for your employees and protects your business from potential lawsuits. Generally, the tip laws for Tennessee employers are governed by federal wage and hour labor laws. In this article, we will delve into the main tip laws that affect…
Long-term planning is an essential element to running a successful small business. Business owners spend valuable time and money setting their companies up for future success. They even sacrifice short-term gains in the pursuit of longer-term benefits. This dynamic makes it perplexing that small business owners often put off one of the most important decisions for the extended success of…
When starting a business, forming a partnership can be a great, cost-effective way to begin your new venture. Having two or more problem-solvers working on complex business issues can mean more ideas and more productivity, especially in the early stages of your business. Working with a partner also removes the loneliness of being a solo entrepreneur. However, having a partner…
Find a high-quality business insurance policy that has adequate coverage for lawsuits. Employ a skilled attorney with substantial experience working with businesses in your industry. Keep detailed and accurate records so you always have proof to support your assertions. Structure your business so personal and business expenses and liabilities are clearly separate. Ensure your business lives up to its obligations…
Small businesses number 636,842 or 99.5% of Tennessee’s total companies, according to the United States Small Business Administration (SBA) Office of Advocacy’s August 2021 report. If you have an entrepreneurial inclination, one option is to buy an existing business rather than hanging up your own shingle. If this sounds appealing to you, you may wonder, What are the pros and…
When you sign a contract, you expect the other party to deliver what they promised. However, not everyone performs perfectly all the time. When that happens, you may wonder if you are entitled to remedies for breach of contract. The attorneys at Batson Nolan PLC are experienced in handling Tennessee contract law matters and can help you understand your rights.…
Strong corporate governance policies can be the glue that holds your business together. Good governance can help business owners develop trust between employees and managers, as well as foster excellent communication between owners and other stakeholders. Developing coherent corporate governance policies not only gets your company started on the right foot, but also creates a lasting model for business success.…