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Our Blog Archive

Hiring a Virtual Assistant for Your Small Business

As a small business owner, balancing administrative tasks with growth-oriented activities can be challenging. Hiring a virtual assistant (VA) can ease the burden, offering flexibility and cost-effective support. The purpose of this blog is to provide certain tips for hiring a Virtual Assistant.

commercial lease negotiation

Key Tips for Negotiating a Commercial Lease Agreement

Negotiating a commercial lease agreement can be a complex process, but with the right strategies, you can secure favorable terms for your business. Key tips include thoroughly understanding the lease terms, seeking flexibility in critical areas like rent increases and renewal options, and leveraging market research to strengthen your position. By focusing on these aspects, you can negotiate a lease that supports your business’s long-term success and stability.

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Why Every LLC Needs an Operating Agreement

An operating agreement is crucial for every LLC, whether single-member or multi-member, as it provides a clear framework for management, protects against legal complications, and customizes operations beyond generic state rules. Despite common myths, having a tailored operating agreement offers essential benefits like clarity in business operations, protection of limited liability status, and effective succession planning. At Waldrop and Colvin, our experienced lawyers can help you draft an operating agreement that meets your specific needs, ensuring your LLC runs smoothly and remains legally protected

Sushi Spotlight

In today’s rapidly evolving culinary landscape, sushi has transcended from a traditional Japanese delicacy to a global sensation, captivating palates across continents. Whether you are a seasoned restaurateur or an aspiring entrepreneur, let’s discover how a passion like love for sushi can transform into a thriving business opportunity.

LLC Operating Agreement infographic

The Essentials of an Operating Agreement

An Operating Agreement is a critical document that outlines the internal structure and governance of your LLC, ensuring clarity and preventing disputes among members. It provides essential protections by defining roles, responsibilities, and operational procedures, making it indispensable for the smooth and secure operation of your business.

giving tree

Understanding Nonprofit Law

Are you considering starting a nonprofit organization? If so, obtaining 501(c)(3) status can provide you with numerous tax benefits and extensive resources to help you achieve your charitable goals.

Working together unified brands

Unified Branding vs. Multiple Brands

Are you considering private labeling your products but unsure whether to consolidate under a unified brand or diversify with multiple brands? Making the right branding decision is crucial for the success of your private label venture. In this guide, we’ll explore the pros and cons of each approach to help you make an informed choice that aligns with your business goals.

contract

Contract with Confidence

If you knew what you know, would you do what you did? We enter into deals with our trading partners every day. It is the essence of business.
Whether it is a good deal, or a bad deal depends on many factors. Some are within our control, and others are not. If I have learned anything in over thirty years of practicing law in the commercial law space, it is that I would rather be lucky than good.

We focus on results and work hard to deliver solutions. Let us serve as the law department for your business. 

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