Will a buy-sell agreement allow me to add a business partner to my existing business? Or what other documents will I need?

When you add another owner to the business, you must document the new owner's purchase of his or her shares and update the corporate records. In...

I'm looking for a lawyer to provide the following services: what type of lawyer should I consult?

You should have a legal advisor that understands your business and can guide you through the issues you will encounter as your launch and grow the...

I am working on opening a basketball academy but I m having trouble deciding weather to work as a non profit or for profit LLC?

There is a distinct difference in a non-profit and for-profit entity. A non-profit functions for the benefit of its constituents. A for-profit...

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Which state to start business? Which form of business llc, s corp, corp or sole proprietor? Do I need a trademark? App & Website

As others have stated, the questions you raise are important and complex. The answers depend on your long term goals. You want to setup the...

In a business license is there a difference between the use of "and" and "&", and can you use either or simultaneously?

I agree with the prior attorneys but wanted to add one point. Trademarks and tradenames (or DBAs) are different things. When you mention your...

From what you've provided, it appears that the individual will be in a contractual relationship with the LLC. To do so, she would be required to...

As a Member of an LLC, you will not be personally responsible for most debts of the business. However, some debts such as wages and taxes can flow...

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From your post, it sounds like you were listed on the business license intially. This is evidence of the intent to be partners. You should look...

Are non compete contracts in VERY large companies, where you work(ed) in a totally unrelated area to the new area, enforceable?

In addition to Ms. Young's suggestions, I would look closely at the language of the non-compete. Often what initially seems like a very broad...

What is the procedure for removing a partner from an established LLC?

It is good that you are addressing these issues before becoming a "member" (or owner) of the LLC. As part of your business formation/setup, you...