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Tennessee Corporate Law Blog

Business and corporate law issues arise in the startup phase

When starting a business in Tennessee the entrepreneur may find that it is necessary to conduct a risk assessment evaluation of the applicable pros and cons of the project. How much risk will the investor take on to achieve a certain level of rewards? Where the precise business has not yet been selected, one may also have to evaluate whether to purchase a franchise or set in action a new startup. These are all business and corporate law issues that arise in the early phases of planning.

The personality of the entrepreneur may play a part in such decisions. For independent thinkers who want to create a new business like a painter maneuvers through a canvass the choice will tend toward a new startup. The person who wants to avoid making out-of-the box mistakes and who is more cautious may prefer an established franchise. However, if one needs a broad scope of freedom in the creation and management of the business, the franchise is not likely the ticket.

Is your business infringing on copyright with a music playlist?

Many businesses stream music for their customers to enjoy while shopping, eating or getting their hair done. It may seem innocent enough, but if you are using someone’s personal playlist or stream, your business is likely engaging in copyright infringement.

Anyone who plays a song in a public space, regardless of whether it is playing from your computer or phone, needs a public performance license. This protects artists from their music being used unfairly without compensation paid to them.

The popularity of buying groups in the furniture industry

Buying groups are present in all kinds of industries. One field they have been playing an increasingly important role in lately is the furniture industry. Many independent furniture retailers are turning to such groups for help staying competitive.

According to a recent Furniture Today article, of the 14 major buying groups in the furniture industry, eight have seen growth in member stores and/or member count since 2016. And for some of these groups, this growth has been rather large.

DACA WORK PERMITS/ PERMISOS DE TRABAJO DACA

The USCIS has recently made a change to the way it issues work permits to those who have applied for Deferred Action for Childhood Arrivals (DACA). For the first few months of the program (which has only been in place since August of 2012), the USCIS would issue work permits to DACA applicants within 90 days of the receipt of their application, and would take about 180 days to complete a review of the application and grant deferred action. After having issued thousands of work permits, then later denying many of the underlying DACA applications and revoking those work permits, USCIS decided that it would be more efficient to wait until the DACA applications are completely processed and approved before issuing a work permit. For that reason, DACA applicants must now wait 180 days for a work permit rather than just the 90 days.

WHAT YOU NEED TO KNOW WHEN OPERATING A BUYING GROUP

Having a viable purchasing program requires skillful efforts on two fronts, almost simultaneously. The first front is with the members of the group. Simply put, the group will need to get them rowing in the same direction in order to effectively negotiate with its vendors, the second front. In order for a purchasing program to be effective as to any given product line, several key elements must be present. 

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  • State Bar Of Georgia | Lawyers Serving the Public and the Justice System
  • CBA | Chattanooga Bar Association
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Ray Law Firm, PLLC

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Chattanooga, TN 37421

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