Contract law, creating and enforcing shareholder agreements and property issues all fall under our umbrella of business law. Let’s look at our practice areas and how they can apply to your firm.
MUST-HAVE STRATEGIES FOR BUSINESS OWNERS. RELEVANT AND TIMELY INFORMATION THAT GIVES YOU THE EDGE.
CREATING REAL VALUE
From creating or modifying business contracts from the ground up, to shareholder dispute resolution and negotiations for both ownership buy-in and exit, its never business as usual. As your business grows, you can never be too confident that others may or may not have your best interests in mind. You have to be on the offense when creating substantial business agreements and utilizing the most up to date strategies to maximize the use of your contracts, shareholder value and creating synergy and value for your real property. We will take a look that the areas under each.
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Your business is usually something you have worked on for years or are looking to set up and create a legacy for yourself and your family. How do you plan for new ownership if you’re looking to sell your company? What about adjusting or creating business legal structures? Are you reviewing the current documentation you currently have on your business and how it affects you both as an individual as well as the relationship to shareholders rights for ownership?
We will go over some frequently asked questions business owners have when it comes to business law, sample situations ones that might arise under contract law and how best to approach each.
COMMON QUESTIONS ABOUT
The myriad issues surrounding commercial law are the laws that deal with agreements between people and their commercial affairs. Whether it’s through the formation of business entities financial concerns such as bankruptcy and how agency and power are used between shareholders, you as a business owner have to be aware of the pitfalls that could strike you as well as how you can work around obstacles to gain great success.
Let’s look at some common questions that come up when discussing business law:
Any contract has these essential four components to be considered enforceable: an offer’s been made, consideration has been given to one party from another, there’s mutual asset between the parties and the parties have acceptance to move on their contract forward. More on this in Contract Law.
Depending on your corporate structure, investors that have ownership may or may not enjoy certain privileges for their stock in the business in question due to hierarchy, the liquidity of the company and other factors.
Zoning and Land Use, Ownership Disputes, Property Tax Issues, Insurance and Surveys can all be key areas that property issues can surround. More in Property Issues.
A contract that is between the stakeholders of a company dictating but not limited to the corporate voting rights, asset distribution and rules if members wish to exit or be bought out.
Shielding intellectual protected property or keeping confidentiality between shareholders and employers are just a couple that arises in the negotiation of contract.
BUSINESS LAW AND THE TOPICS SURROUNDING IT.
Employment contracts, vendors, financing. So many partners but where do you start? Both the business formation of your legal entity and how you continue your position with your business partners and the general public buying your goods or services depends on how you are set up legally. Consider looking at each of our sub practice areas in Business Law and look at how they can affect you personally and financially.
LLC VS CORPORATION
Not an exhaustive list of benefits to each type but let’s look at each to show their own merit:
After creating your business entity, you want to know why you need contracts in place and how they fundamentally will make or break you in the short and long run.
Some examples of what contracts can do and enforce are (1) establish factors where each party states what they want to happen, (2) they determine the limited resources to buy, sell or use between one another and (3) can establish non-compete clauses to dissuade competition.
HOW CAN WE BEST HELP YOU?
As there is multiple things to consider when discussing the subject of business law, you want to know that our experts will guide you from beginning to end, from making sure you choose the best entity for your needs as well as creating an action plan to protect your firm from both internal threats as well as external companies infringing on your property.
Once your company is creating, you can also look to guidance on corporate matters on both a project or retainer basis in the acquisition or disposition of your firm’s core assets including real and intangible property as well.
Look to a trusted Indianapolis Based Business Attorney Today!
To schedule your no-obligation case evaluation, please contact an Indianapolis business law attorney from our firm today!
TALKING ABOUT YOUR BUSINESS IS NO SIMPLE MATTER.
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