PMCW Law

Starting your own business from the ground up is one of the most exciting (not to mention daunting) tasks you'll undertake. A seemingly endless to-do list stretches out in front of you as you work your way towards your dream of working for yourself. Starting a business at the Lake of the Ozarks can be incredibly rewarding if done right, but it takes a lot of work and dedication. In order to prepare effectively, you have to go into the situation with your eyes open to all the possibilities. Our business attorneys in Camdenton MO are here to help you prepare by offering this quick overview of some of the facts you should be aware of. 7 Things Every Entrepreneur Needs To Know 1. Effective Time Management Is Essential. As the owner of your own business, you are your own boss. You don't have anyone else to answer to. That means that in order to succeed, you have to hold yourself accountable. As you decide how to spend your time, ask yourself: Will this action help my bus...

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 ...

Starting your own business at the Lake of the Ozarks can be one of the most rewarding endeavors you will ever undertake, but it certainly comes with its fair share of responsibilities and details that must be carefully attended to. You have likely chosen to start your own company because you consider yourself an expert in your field and you are excited to share your expertise without having to work under the supervision or direction of someone else.  While you may be a complete expert in your chosen industry, you can't be expected to be an expert in all of the other areas business owners should attend to . You will need to compile a team of experienced professionals in various other arenas to help you along your journey. The Law Offices at Phillips, McElyea, Carpenter, & Welch, P.C. is here to help with this quick overview of the types of professionals you will want to seek out. 1. Mentor If you are seriously thinking about starting your own business, chances are good ...

Are you tired of working for other people, tired of having to answer to someone else, tired of having to conform to someone else's business hours, or tired of having to put up with the mundane details of someone else's management strategy? If you answered yes to any of these questions, you are not alone! You are about to join the ranks of hundreds of your predecessors and your peers who chose to leave their employers behind and strike out on their own. Entrepreneurs are a vital part of our nation's economy; growth and advancement would be slow without them. If you are thinking about starting your own business, the team at the Law Offices of Phillips, McElyea, Carpenter, & Welch, P.C. is here to support you along every step of the way. Starting your own business at the Lake of the Ozarks can be unbelievably rewarding, but it does carry a considerable amount of legal considerations and requirements. Our experienced business attorneys are here to help guide you t...

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 ...