Business succession planning is crucial for securing your company’s future during leadership transitions, whether due to retirement, incapacity, or death. This strategic process ensures a smooth transfer of control, maintains business value, and mitigates financial [...]
As you head into Q4, it’s the perfect moment to start optimizing your financial strategy for 2025 and beyond. As a business owner, staying ahead demands continuous adaptation. Implementing the right technology, developing a robust [...]
The FTC’s recent non-compete rule banning the use of non-competition agreements with employees which was scheduled to take effect this week has been struck down by a federal judge in Texas. Not only was the new [...]
If you’ve incorporated a business with multiple shareholders or are planning to, consider establishing a Shareholders’ Agreement. This agreement can shift some powers from the board of directors to the shareholders, creating a framework for [...]
In the construction industry, managing cash flow can be unnerving, especially with upfront costs and delayed payments. Retainage practices further complicate matters, potentially impacting contractors' financial stability. At @Burkhalter Law, we're committed to educating our [...]
Starting a business is exciting yet daunting, with challenges and uncertainties that require legal protection. A skilled attorney can offer value in many areas, such as: Choosing the Right Business Structure: The right structure prevents [...]
Deciding on the right business entity is crucial for your new venture, as it impacts taxes, liability, management, and long-term success. Each type offers Sole Proprietorship, Partnership, Limited Liability Company (LLC), Corporation, each with their [...]
Every business relies on capable leaders. Yet, when a key figure unexpectedly exits due to death, illness, or retirement, companies face uncertainty. Without a clear succession plan, chaos could occur. Family-owned businesses often grapple with [...]
Business partnerships inevitably encounter disagreements, which can range from minor disputes to severe conflicts jeopardizing the partnership's future. While immediate legal action might seem tempting, pursuing a compromise is often preferable. Burkhalter Law can guide [...]
For subcontractors, mastering the intricacies of Notices of Intent to Lien and preliminary notices are paramount in sidestepping payment hurdles. These documents, particularly vital in states like Georgia, serve as preemptive measures against delayed payments [...]
In the construction industry, "breach of contract" is a common term that holds significant weight. Let's break down what it means, the difference between major and minor breaches, how to file a claim, and how [...]
