Leasing commercial space can be one of the more frustrating aspects of starting, or further developing, a business. A range of considerations – rent, duration, location, design, floor plan, capacity (to name a few) – must be taken into account. As they will quickly admit, many business owners and managers are uncertain how to approach setting up an office space, …
What licenses and permits will you need to do business in TN?
After coming up with a product or service, but before making it available to the public in Tennessee, you will need to apply for all the necessary licenses and permits. Depending on your plans for your company, you may not need many, but certain types of businesses require more than others. Failing to acquire the appropriate licenses and permits could …
Business owners: what you should know about trade secrets
If you operate a small business, then you know how crucial it is to set your company apart from competitors. Considering how much time and energy you put into distinguishing your business from the others through your marketing choices, products offerings and services, it is vital that you protect them. These are all examples of trade secrets, and as a …
How an attorney can help you form your business
If you are looking to start a business, you may be most concerned with developing the product or service you plan to offer and setting yourself apart from the competition. You also must consider what type of business you want in the first place. Before you decide on anything, it would be a good idea to talk to an attorney …
Signing a commercial lease? Watch for problematic clauses
Leasing commercial space to operate your business is an important process for any business owner. You want to be confident that the space fits your needs as well as your budget, and it may take you some time to find the right property. Once you do find the space you are looking for, however, you should not rush through the …
Alternative dispute resolution methods that keep you out of court
Running your own business can be a massive endeavor, whether you are just starting up or you have been operating for generations. And no matter how long you have been operating, there is the potential for legal issues to arise and threaten the future of your business. Legal issues can stem from employment disputes, contract breaches or the protection of …
Goal-oriented legal counsel and advocacy across Middle Tennessee
Transparency, Candid communication, Tailored advocacy These descriptors are the fundamental objectives in every client matter for the lawyers at Fidelis Law. From our offices in Brentwood, our legal team of attorneys — who collectively have decades of professional experience — seek to promote and advocate for the legal interests of our diverse clientele across select practice areas. We serve clients …
Does an LLC protect its owners from an outside creditor?
Operating a business as a Limited Liability Company (“LLC”) in Tennessee has become a popular option. Even though Tennessee charges initial and annual filing fees, for many business owners, that cost is worth every penny. LLCs in Tennessee have two often-touted advantages: they (1) protect the company’s owners from personal responsibility for the company’s liabilities (such as loans and lawsuits) …
Who will inherit your intellectual property?
Intellectual property assets [“IPA”] are easy to overlook during estate planning, since they are intangible-having no physical existence—as opposed to the tangible personal property or real property that can be touched. Most business owners, entrepreneurs, and many others own some form of their intellectual property, or “creations of the mind,” but athletes and “creative” clients-including authors, songwriters, entertainers, and visual …
Caution when merging
In recent years I have seen an increase in mergers between nonprofits, including between churches, charitable organizations and educational institutions. There are a number of reasons why nonprofits merge, including the consolidation of a shared mission or purpose, combining financial resources and reducing cost, volunteers and leadership, to infuse new life and vigor into an organization, or to increase spheres …