If you’re running a small to medium-sized business, it’s likely that you have very specific legal issues that need to be handled by a pro. Usually, small businesses will work with a Springfield business lawyer who has expertise in a variety of areas or specifically focuses on one or two core types of law. Whatever […]
Category Archives: Business Law
Fictitious name registration is required in Missouri any time someone runs a business under a name that’s not their true name. You may know of this as a DBA, or “doing business as.” More specifically, registration of a fictitious name is required under Section 417.200 of the Revised Statutes of Missouri. It’s important that you […]
It’s easy to form a partnership in Missouri because you don’t have to register general partnerships with the state. But general partnerships don’t give you limited liability. Instead, each partner has joint and several liability, which means each partner is liable for all of the partnership’s debts and obligations. There are, however, other types of […]
As its name suggests, a limited liability company (LLC) provides its owners (known as “members”) with limited liability. Across the nation, LLCs are a popular business form for people starting up new businesses. While it’s highly recommended that LLCs have operating agreements, in many states, there’s no legal requirement for an LLC to have an […]
Corporations in Missouri need to have a registered agent. But what about LLCs? If you’re setting up an LLC in Missouri for your business, you may be wondering if your new LLC will need a registered agent. What Is a Registered Agent? A registered agent is a person or company that’s authorized to receive the […]
An Employer Identification Number (EIN) is a nine-digit number issued by the Internal Revenue Service (IRS) for tax purposes. Despite the “Employer” in its name, however, EINs aren’t restricted to only those businesses that have employees. This means your LLC might need to apply for an EIN. Whether or not you need an EIN depends […]
It’s easy to start a business these days. And if you have a great idea that you want to begin building a new business around, you might feel like jumping in and hanging out your shingle immediately. But there’s one important decision a new business owner should make before starting their business, and that’s the […]
With the excitement of a new startup comes the need to make the important decisions that set the foundation for your fledgling business. One of these decisions involves choosing the form of a business structure under which your startup will operate. For many entrepreneurs, a limited liability company, or LLC, maybe the best vehicle for […]
When you’re starting a new business, you likely have a lot of questions on your mind. While you’re deep in the throes of developing and refining your product and unique differentiators, you also have to consider whether your business is properly structured so as to maximize your earnings and set yourself up for long-term success. […]
As a business owner getting ready to retire, you may be wondering what will happen to your business now that you’re not interested in being involved in the day-to-day. There are a variety of options for transferring ownership of your business, and an experienced Springfield business lawyer can help you explore your options. Below, we […]
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