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Showing posts with the label Business Attorneys Lake of the Ozarks

5 Common HR Mistakes That Can Lead to Lawsuits

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Having an effective Human Resources department for your company is crucial because if certain circumstances aren't handled the right way, you could end up being sued for thousands of dollars. Our attorneys at the Lake of the Ozarks are here to go over a few common HR mistakes that can lead to lawsuits. If you are struggling to find the right legal support for your business call the business law attorneys at Phillips, McElyea, Carpenter, and Welch at 573-346-7231 today. 5 Common HR Mistakes That Can Lead to Lawsuits 1. Using discriminating language in job postings While most HR professionals probably realize not to put obvious statements such as "no Europeans should apply" – there are a few common discriminating terms that can be overlooked. For example, posting something as simple as “looking for recent college graduates” can imply that you are discriminating against older applicants. It's important to be mindful of this sort of thing when writing job d...

The Do's and Don'ts of Starting Your Own Business

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Congratulations on deciding to start your own business! You are beginning a brand new venture and there can be a lot of rewards that come along with it. You should be aware of the do's and don'ts of starting a business to avoid legal hurdles down the road. Our experienced law office in Camdenton is here to give you some key do's and don'ts when staring your own business. Do's and Don'ts of Starting Your Own Business Do's of Starting Your Own Business 1. Do seek advice outside of your business. There is nothing wrong with seeking help from others when you need it. Whether it be a law firm or a group of your professional peers. If you need assistance on how to get more sales or what the latest trends are in your industry, reach outside of your business to the appropriate groups for insight. 2. Do know what your services are worth. Don't sell yourself short. When you are starting out, it may be difficult to properly price your services. ...

Global Entrepreneurship Week: 5 Tips For Aspiring Entrepreneurs

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We live in a business-oriented society. From buying groceries to traveling internationally, we rely heavily on local, national, and international businesses for many a spect s of our lives. We have become so accustomed to using these businesses in our day-to-day lives that we now take many of them for granted. No matter how big a corporation is, it's important to realize that every business started out small at some point in time. Every business - even those with thousands of employees - originally began simply as an idea in the mind of one forward-thinking individual. Global Entrepreneurship Week USA We owe entrepreneurs a great debt of gratitude for the roles they have played in shaping our society, our culture, and our nation. Next week (November 14-20, 2016) is designated as Global Entrepreneurship Week USA in recognition of the importance of these forward-thinking individuals. In honor of this important week-long observance, our business attorneys in Camdenton MO ...

4 Misconceptions About Starting Your Own Business

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S tarting your own business can be incredibly rewarding financially, mentally and emotionally . Of course, it an also be incredibly challenging. Starting a business at the Lake of the Ozarks requires many details and specifications being met and attended to - and failure to properly establish a business can have serious consequences for both you and the business. If you are thinking about starting a business in the future, our business attorneys in Camdenton, MO may be able to help you avoid some of these potential pitfalls. This week, we're here to help clear up some common misconceptions about starting a business. Misconception #1: "I Only Need A Business Plan If I'm Going To Apply For A Loan." While it is comm on for lenders to require a solid business plan as part of the loan application process, you should create a business plan regardless of whether or not you intend to apply for a loan. Your business plan will serve as a valuable guide throughou...

5 Reasons To Hire A Business Attorney

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Are you debating whether or not to hire a business attorney at the Lake of the Ozarks ? Each situation is unique, but there are common circumstances where the guidance of an attorney experienced in business law could be valuable. Consider these examples when deciding whether you need to consult with an attorney. Perhaps one of them applies to you! 1. You Are Starting A New Venture No matter what type of business you are starting, the type of entity you choose to establish your company is important. Among other things, the business entity you choose will have tax implications. Your attorney will help you determine which types of business entities would be the best fit for your specific needs and goals. 2. You Are About To Enter Into A New Contract Contracts are legally binding documents. As an entrepreneur, failure to uphold your end of a contractual agreement can have serious consequences for your business. For example, your client's refusal to pay for service...

Business Entities - Part 2

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Starting a business is a major undertaking, but the rewards can be tremendous. New business owners face a hundreds of decisions as they get their business off the ground, one of which is choosing which business entity to use. Last week, we examined several different options for incorporating your business , specifically General Partnerships, Sole Proprietorships, C-Corps, and S-Corps. This week, we are taking a closer look at the remaining options. Limited Liability Company A Limited Liability Company (LLC) has become a very popular entity choice when starting a new business.  LLCs come with their own set of rules and regulations that govern their policies and procedures, but the advantages that they offer tend to outweigh the extra step of drafting and executing the necessary documents. A LLC requires the owners (typically called "members") to execute an operating agreement that outlines how the company will conduct its affairs. The success ...

Yes, You Need A Business Attorney!

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You're an entrepreneur with dreams of developing a successful new business. You have it all planned out; you know where you will be located, the types of services you will provide, and the marketing tactics you will use to reach your customers. There's only one small problem: you're not a lawyer. Aspiring business owners often do not realize how many legal issues await them and their new businesses. Intellectual property laws, employment laws, real estate transactions, sales, contracts... These things (and many more) all come with important legal consequences.  That's where the Law Offices of Phillips, McElyea, Carpenter, & Welch, P.C. come into play! As experienced business attorneys , we can help you navigate the business law field. We can help business owners with a variety of legal issues, including (but not limited to): Selecting an appropriate business form Incorporation and creation of corporations, limited liability companies, partnerships, etc ...