answered on Oct 16, 2023
Subject to his/her fiduciary duty (and possible other applicable laws), a CEO is authorized to handle employment issues for the company, including setting salaries. However, there could be a written agreement (typically call a shareholder agreement (corporation) or an operating agreement (LLC))... View More 
answered on Jan 23, 2023
You cannot retroactively change the name of the organizer once the entity is filed with the secretary of state. However, keep in mind that "organizer" does not mean that person is actually an owner of the company. It is simply the person or entity that files the articles.
There's a line on our MOU that states partnership. Does this mean that the church will have access to our business
answered on Nov 3, 2023
It depends on what you mean by "access," but either way you should revise the MOU to remove that language and specifically disclaim any type of partnership with the church, including limited partnership, limited liability partnership, etc.
The landlord gave us a 60 day notice to vacate which would extend our rental lease by 10 days after we verbally informed them we wouldn’t be extending. Can I submit a 30 day notice to vacate and refuse to pay the extended lease?
2 people starting a company together.
1 person has the availability to invest more finical risk, one is brining more expertise.
How do you recommend structuring this in a fair way that protects both parties.
answered on Jul 22, 2023
That is too much of an open-ended question for an online Q&A forum. You should consult with a local business attorney and have them draft a comprehensive operating agreement (if an LLC) or shareholders agreement (if a corporation).
answered on Jun 29, 2023
Yes, and that is often the case for liability protection for general partners.
I am a physician independent contractor doing locum jobs. I have my own LLC. I am having a new part-time job, what name should I put in that locum contract? My name or the business LLC name? Does it matter? Can I simply use my name and have the LLC name put on the W9? Thanks
answered on May 5, 2023
Since you already have the LLC set up you should use the name of the LLC on the locum agreement, and any accompanying documentation.
Paperwork includes certificate of conversion, and articles of organization
answered on Apr 14, 2023
Yes. While not an overly complicated process, it needs to be done correctly.
answered on Apr 13, 2023
It depends on what you mean by "add the LLC." In many instances, having a non-profit own a for-profit entity is a bad idea and can lead to the non-profit losing its tax exempt status. Discuss with an attorney who deals with non-profits.
Plaintiff states while working for his business I (Took) money from his business
Pay the remaining debt and bills from the business and split the remaining money. How can I go about doing this? We cannot agree
answered on Mar 23, 2023
I would need more information on the company, ownership percentages, positions, duties, contracts, etc. But generally speaking, you all would have to all agree to properly dissolve the company.
Georgia law applies; contract work involves helping the client finish writing documentation regarding the former employers software.
answered on Mar 23, 2023
It depends on the terms of the agreement. Most non-competes include competing as an employee and as a contractor, and in any other capacity.
I have a broker who drafted a purchase agreement between me and a potential buyer of my business.
The agreement was based on multiple emails and texts which the buyer and I had agreed on terms, conditions and price.
Two days ago she sent an email saying she couldn't sign... View More
answered on Dec 19, 2022
If there was an enforceable agreement, whether orally, via e-mails or through a more traditional written agreement, it depends on the terms of the agreement. If there was not an agreement there cannot be a breach.
Will be investing into real estate next year with a friend. We both have our own separate LLCs that have been established over two years and have business credit. The problem is...the names of the companies aren't geared toward the business venture we are looking to do now (real estate). We... View More
answered on Dec 7, 2022
Based on your posting forming a new LLC to operate the joint venture is likely to be the best option, so you might as well use the right business name to avoid having to register a trade name.
The Domestic LLC will officially be registered with the GA Secretary of State as "XYZ Co. LLC". I'm just trying to find out if I'm required to file for a DBA/Trade Name to drop the LLC portion for any kind of advertising or just reference to the company in general.
answered on Nov 16, 2022
Generally, just dropping the company designation (LLC or Inc.) does not require a trade name registration.
I do a side business inventing and making products within a specific industry. My full time job wants me to sign an nda Claiming ownership of products and intellectual property made or invented during time of employment and “relating in any way to employers business”. The two industries are... View More
answered on Nov 4, 2022
It really depends on the exact terms of the agreement and the specific facts of your side business. Have a business attorney review it and advise you accordingly.
I opened a LLC in Georgia in 2014 with 2 members in the Articles of organization, me and my spouse. I also elected for an S-Corp status (2553 & 8832) the same year. Now I want to revoke the S-Corp election AND also convert the multi member LLC to a single member LLC (my spouse will no longer be... View More
answered on Oct 11, 2022
No. There is no form to change to a single member LLC. You just transfer the membership interests to you from your spouse. And you do not need to record anything or file anything with the SOS unless you included ownership in the Articles of Organization.
I've been researching the best way to set up business entities and this is the conclusion I have come to. Is this an appropriate structure? Thank you
I currently have a Georgia LLC doing video editing and will be moving to Michigan in a couple of months. Since I will be doing the work in Michigan I assume I would register there, but do I have to register as a foreign entity in Georgia? Will I end up paying tax to both states? How does that work?... View More
answered on Sep 30, 2022
If you begin conducting business in Michigan and don't do do anything else with the company, you will need to register in Michigan as a foreign entity since it is a Georgia entity (regardless of where you reside). Assuming you will not be moving back to Georgia soon, it makes sense to just... View More
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