Friday, July 13, 2018

5 Legal Tips for Starting a Small Business

Starting a business is a big decision. You will likely dedicate your own time and money into your new venture. If you are passionate about your line of work, owning a business can be beneficial. While it takes a lot of work, you can reap the benefits of having a business. It's important to have your legal requirements in order as you start your small business. As your experienced lawyer at the Lake of the Ozarks, our firm can help ensure you are legally set to begin your venture! Take a look below for the first steps you should take as you start your business at the Lake of the Ozarks.

1) Protect the Company

As you start up your small business, you will need to decide what kind of incorporation will be needed. An LLC or Inc. can help protect you (the business owner) from being involved if the business has an issue. This helps to distinguish between the business and the owner as two separate entities.

2) Establish an Operating Agreement

An operating agreement is a document in which you outline the rights, responsibility, and contributions of the business owners. It also describes how the business will run. This important documentation can help save the business down the road from a number of potential issues.

3) Prepare all Contracts

From contracts with customers to employees to vendors, there are a number of agreements you will make with people who help you run your business. It's important to have a legal professional review all contracts and other agreements before you (or the other party) signs. This can help ensure both parties are protected as they should be in the agreement.

4) Register Your Business & Get License

A business license is required for a business to operate. Whether it's from the city, county, and/or state, it's important to have the right licenses in place as you start up your business. It can also be helpful to register your business name and get your logo trademarked. This can help ensure no other business can legally use your name and/or logo in the future.

5) Seek Legal Advice

To protect yourself as you start up your business, it's important to have a business lawyer at the Lake of the Ozarks on your side. An experienced legal professional can be your source of advice when it comes to laws and other legal documents required for your business.

Now that you know what documents and decisions are needed, you can feel confident as you start your own business. If you're in need of legal advice through this important step, contact Gibbons Law Firm today!  We can help ensure you have the right documentation to protect your new business and get started on the right foot. As you get started, your initial consultation with our Lake of the Ozarks law firm is free!

Remember, your initial consultation with Gibbons Law Firm is always free.

Your Trusted Legal Resource

Gibbons Law Firm
2820 Bagnell Dam Blvd, Suite B4
Lake Ozark, MO 65049
(573) 348-2211

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Tuesday, July 3, 2018

Interesting Facts About 4th of July

Independence Day is the day we celebrate the United States of America gaining its independence from Great Britain. There are a number of ways to commemorate this special event in history. Parades, bbq's, and fireworks are among popular ways to celebrate the 4th of July. As you gear up for your celebrations, Gibbons Law Firm thought it might be fun to learn a little more about this holiday we enjoy celebrating each summer. Take a look below for some interesting facts about the 4th of July!

Interesting Facts About Independence Day:

Fun Fact #1: Only TWO of the Founding Fathers signed the Declaration of Independence on the 4th of July.

Fun Fact #2: Independence Day became an official federal holiday in 1870. It became a paid holiday in 1938.

Fun Fact #3: This holiday celebrates not only the signing of the Declaration of Independence, it also commemorates the adoption of the Declaration!

Fun Fact #4: Many other countries have used the Declaration of Independence as an example in their own pursuit of freedom.

Fun Fact #5: The youngest signer of the Declaration of Independence was 27 (Thomas Lynch, JR) and the eldest was 70 (Benjamin Franklin).

Fun Fact #6: Harvard was the school seven of the Declaration signers attended.

Fun Fact #7: John Adams and Thomas Jefferson were the only two signers who later become Presidents of the United States.

Fun Fact #8: Philadelphia was the home to the first 4th of July celebration in 1776.

Fun Fact #9: In 1801 the White House held its first Independence Day Parade.

Fun Fact #10: Three United States Presidents have passed away on the 4th of July - John Adams, Thomas Jefferson, & James Monroe.

Fun Fact #11: There were 2.5 million people living in the United States in 1776. Now there are about 325 million.

Fun Fact # 12: About 150 million hot dogs and 700 million pounds of chicken are consumed on the 4th of July.

Fun Fact #13: The Liberty Bell in Philadephia is tapped thirteen times every Independence Day, in honor of the original 13 colonies.

Fun Fact #14: 56 men signed the Declaration of Independence.

Fun Fact #15: During World War II, the Declaration of Independence and the Constitution were taken to Fort Knox to be kept out of harms way.

Now that you know some unique facts about Independence Day, you can share these new-found facts with your friends and family as you get together to celebrate.

While getting together with friends and family is a fun way to celebrate, it often involves drinking. If you do partake in an adult beverage, drink responsibly. If you happen to celebrate a little too much and get pulled over for drinking and driving, you may need a lawyer at the Lake of the Ozarks on your side. Legal representation is helpful as you navigate your DWI case. Contact our Lake of the Ozarks lawyer - your first consultation with us is always free!

Remember, your initial consultation with Gibbons Law Firm is always free.

Your Trusted Legal Resource

Gibbons Law Firm
2820 Bagnell Dam Blvd, Suite B4
Lake Ozark, MO 65049
(573) 348-2211

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