Are your policies and procedures in place?

People are suing more every day, especially in our economic climate. My Firm has two “golden rules”: (1) Document EVERYTHIING in writing and (2) Malpractice insurance; never leave home without it. What policies or procedures do you have in place as a business owner to mitigate the chances of you being sued successfully (because anyone can sue)? How can you strengthen those safeguards? Have you received an independent evaluation from an expert to know that they are adequate?

Tell Kendrick Law Practice what legal/business issues you need to know about in GA!

What legal or business topics would you like to know more about as a business owner? KLP hosts a bi-monthly radio show and posts two webinars a month on a variety of topics and would like your input. Please let us know. *Dar'shun Kendrick and KLP only authorized to practice law in GA.

Taxation

An "S" corporation evades the commonplace double taxation of a "C" corporation by 'pass thru' taxation to the shareholders only. However, one of the IRS requirements to be an "S" corporation is that it must have less than 75 shareholders, all of which must be individuals, not institutional investors. What do you think of this role? *Dar'shunk Kendrick and KLP only authorized to practice law in GA.

Tell Kendrick Law Practice what legal/business issues you need to know about in GA!

What legal or business topics would you like to know more about as a business owner? KLP hosts a bi-monthly radio show and posts two webinars a month on a variety of topics and would like your input. Please let us know. *Dar'shun Kendrick and KLP only authorized to practice law in GA.

Written contracts

Contracts come in varying shapes and sizes. I cannot overstate the importance of having a written contract. Not only is it a reference point for all parties but the parties are less likely to misunderstand their responsibilities. Have you ever had an occasion where you didn't feel the need for a written contract and why?

Tell Kendrick Law Practice what legal/business issues you need to know about in GA!

What legal or business topics would you like to know more about as a business owner? KLP hosts a bi-monthly radio show and posts two webinars a month on a variety of topics and would like your input. Please let us know. *Dar'shun Kendrick and KLP only authorized to practice law in GA.

LLC vs. Sole Proprietorship

The LLC is a relatively new form of business organization that combines the limited liability of a corporation and the taxation of a partnership. In some states even "SMLLC" (single member limited liability companies) are allowed. Can you think of any disadvantages of a SMLLC vs. a Sole Proprietorship?
*Dar'shun Kendrick and KLP only authorized to practice law in GA