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Tennessee Business Formation Questions & Answers
1 Answer | Asked in Business Law, Business Formation and Contracts for Tennessee on
Q: I am looking to start my own security company. I signed a non compete clause in April 2016 for two years. Would I be ok

if I put the company in my wife's name or do I need to wait until it expires.

Mr. James Charles Wright
Mr. James Charles Wright answered on Feb 22, 2018

If your dates are accurate, if you wait 2 months you will have met the time requirement. This would be the safest route. There may be some issues as to the enforceability of the terms of your non-compete. But simply putting your business you will be doing in your wife's name is probably not... Read more »

1 Answer | Asked in Criminal Law, Employment Law, Personal Injury and Business Formation for Tennessee on
Q: How do I call an report an illegal tattoo shop?
Bennett James Wills
Bennett James Wills answered on Feb 1, 2018

The Tennessee Division of Environmental Health may be a good start.

1 Answer | Asked in Business Formation, Business Law, Civil Litigation and Contracts for Tennessee on
Q: A business was given to my friend and the boss changed her mind and wants it back. Nothing has been signed yet.

My friend has made construction changes to the business and revamped it partially. The old boss started her new job and they are waiting for the lawyer to come back in town to sign the papers. Also, the old boss announced the change on social media that my friend was taking over and would buy her... Read more »

Mr. James Charles Wright
Mr. James Charles Wright answered on Nov 8, 2017

Interesting issues here. Assuming the following.

Your friend had reached an oral agreement to buy a business.

As a result he started actually operating the business including doing some construction work.

The old owner started a new job. - and was out of town. She was to...
Read more »

1 Answer | Asked in Business Formation and Business Law for Tennessee on
Q: Hi. Is cooperative (such as a worker-cooperative) an option as a business entity in Tennessee?

This is not an agricultural business by the way. It would be a worker owned and managed business.

Edit: Thank you, Mr. Grefseng. Assuming you mean it's not a recognized form of business in Tennessee, would it be a possibility to form a cooperative business in a state that does have... Read more »

Leonard Robert Grefseng
Leonard Robert Grefseng answered on Aug 14, 2017

This is not a recognized form of business. Consider a member managed Limited liability company (LLC).

1 Answer | Asked in Business Formation and Legal Malpractice for Tennessee on
Q: In Tn. do you have to be a lawyer to open a law firm

Can a non-lawyer start a law firm in TN

Kevin Christopher
Kevin Christopher answered on Feb 20, 2017

You cannot practice law in Tennessee without admission to the bar or in limited circumstances being supervised by someone who is admitted. Is your question about entering into a business partnership with a lawyer?

2 Answers | Asked in Business Formation, Business Law and Securities Law for Tennessee on
Q: Where can I find case law regarding the role of the Board of Directors under the Sarbanes Oxley Act?

In particular, director liability, liability of the boards, and violations of compliance. I am writing a research paper for Business Law.

Bennett James Wills
Bennett James Wills answered on Nov 30, 2016

Google Scholar is a good free resource. You could also go to a library at a local law school like UT, Belmont, or Vandy depending on where you are located. Those are probably the best resources.

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1 Answer | Asked in Business Formation for Tennessee on
Q: how would I find out how to bypass the apprenticeship timeframe in my state for opening my own bonding company?

In my home state we grant out of state licensing to companies that have not met our state required apprenticeship guidelines. As long as they have met the apprenticeship guidelines in their home state and it meets or exceeds the timeframe required in my home state they can open on their own without... Read more »

Leonard Robert Grefseng
Leonard Robert Grefseng answered on Nov 7, 2016

Contact the Circuit court clerk in the county where you want to have your main location. In Tennessee, the Courts are divided up into "judicial districts" ( usually a grouping of 4/5 counties, but here are some in the larger cities where there is only one county in the District). In... Read more »

1 Answer | Asked in Business Formation for Tennessee on
Q: I intend to incorporate an LLC. in Crossville, TN. What business licenses will I need?

My LLC will sell both tangible (DVD's, CD's, etc.) and intangible (Domain names, websites, etc.) items.

My business will be located outside the city limits.

Leonard Robert Grefseng
Leonard Robert Grefseng answered on Oct 27, 2016

You should check with the "county clerk" in you county. Obviously, you won't need anything from the City, but there could also be a county business license. Some types of businesses are exempt, so a phone call to that office might be enough.

If you are creating an LLC, the...
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1 Answer | Asked in Business Formation for Tennessee on
Q: Hi,im starting a clothing by myself in Tennessee. do i apply for a series llc, PLLC, or non profit LLC? plz help!

I am conducting this on the Tennessee secretary website also. It's confusing please help thanks.

Adam Studnicki
Adam Studnicki answered on Feb 6, 2016

Sit down with a local business lawyer and CPA to determine best options for you.

Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is only general information. It is NOT legal advice, and it may not work for your specific situation. It is...
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1 Answer | Asked in Business Formation for Tennessee on
Q: I just opened up my small business in Memphis, Tn., a full service lash salon, should i become a llc?

full service lash salon & i own the business myself. What benefits my company if I register?

Terrence H Thorgaard
Terrence H Thorgaard answered on Sep 8, 2015

The primary advantage to forming a LLC (limited liability company) is that you can possibly avoid personal liability for alleged torts or breaches of contract on the part of the company. There may also be tax advantages for your particular situation.

A limited liability company is much...
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1 Answer | Asked in Business Formation for Tennessee on
Q: we are not a franchise.we are a LLC singlemember| individual.Need to know what to do
Adam Studnicki
Adam Studnicki answered on Aug 29, 2015

There is no question here. Talk to a local business lawyer.

Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and it may not work for your specific...
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