Expanding your company is an exhilarating phase. It’s a testament to the hard work, resilience, and vision that have propelled your business forward. However, amidst this excitement, it’s crucial not to overlook the legal scaffold that ensures your expansion is not only successful but sustainable. This is particularly pertinent for business owners in Mississippi, where...Read More

Family-owned businesses are the backbone of our economy, representing the hard work, dedication, and entrepreneurial spirit of generations past and present. However, without proper succession planning, these businesses risk uncertainty and instability when transitioning ownership from one generation to the next.  Succession planning is a critical component of ensuring the long-term viability and success of...Read More

The path to entrepreneurial success is paved with challenges, and navigating the legal landscape can often be one of the most daunting. Whether you’re in the early stages of launching your startup or managing an established business, legal challenges can arise at any moment. While some business owners may hesitate to involve lawyers to cut...Read More

Business owners don’t always have the time or resources to properly manage their legal affairs, leaving themselves vulnerable to potential problems. Fortunately, learning about the most common business law issues can help business owners proactively protect their interests and avoid costly litigation. 1. Contract Disputes Contracts are critical to the success of any business, and...Read More

Taxes can be a complex and confusing topic for business owners. This is especially true in Mississippi, where the rules and regulations surrounding taxation vary significantly from other states. To help business owners better understand the tax laws in Mississippi, this blog post will provide a comprehensive guide to Mississippi tax law.  First, we will...Read More

The world of business is constantly changing, and the year 2023 will be no different. With technology advancing at an ever-increasing rate, it’s important for entrepreneurs to stay ahead of the curve and be prepared to take advantage of new opportunities. Starting a business in 2023 will require a combination of hard work, creativity, and...Read More

Many business owners establish corporations to shield themselves from personal liability for business debts and protect their personal assets from creditors of the company. When established and maintained properly, a corporation is treated under the law as an independent entity, with many of the rights afforded to individuals. Such rights include the ability to own...Read More

Many employers require their employees to sign agreements which contain covenants not to compete with the company.  The enforceability of these restrictive provisions varies from state-to-state and depends on a variety of factors. A former employee who violates an enforceable non-compete agreement may be ordered to cease competitive activity and pay damages to the former...Read More

The primary advantages of operating as a corporation are liability protection and potential tax savings. Like any important decision, choosing whether to incorporate involves weighing the pros and cons of the various business structures and should only be done after careful research. Once incorporated, the business becomes a separate legal entity, and assets of the...Read More

Which entity is best for your business depends on many factors, and the decision can have a significant impact on both profitability and asset protection afforded to its owners. Below is an overview of the most common business structures. Sole Proprietorship The sole proprietorship is the simplest and least regulated of all business structures. For...Read More