The American economy depends on small businesses, and now more than ever this is true. During our economic recovery, small, emerging businesses are crucial to the future of the country and are an essential part of the fabric that helps the United States compete throughout the world.
A small business often has fewer than 100 employees and is a closely held corporation, partnership or sole proprietorship acting under small-business law regulations. In terms of ownership, only a few stockholders own or hold the shares of a closely held corporation.
Our firm understands that it is important for your small business to protect itself from a business lawsuit, and we know how to help you shield principals from personal and business liability exposure. Atlanta business law attorney K.P. Reddy can advise you on issues such as having a comprehensive general business liability policy in place and well-drafted company policies and procedures, such as an employee handbook. The Reddy Law Firm, P.C. can help with developing your policies, procedures and employee handbooks.
No matter the size of your business, you can benefit from the advice and counsel of an experienced Atlanta small-business lawyer. The Reddy Law Firm, P.C. is prepared to assist your small business in every way. We can help you manage your small business, avoid litigation and ardently represent you should litigation become unavoidable.
The body of definitions that define a small business is complex and constantly changing. A skilled small-business attorney can assist you with determining if you are eligible for programs and services targeted to small businesses.
For Small Business Administration (SBA) purposes, there is no official certification process that determines a small business. To qualify as a small-business concern for most SBA programs, small business size standards define the maximum size that a firm, including all of its affiliates, may be. A size standard is usually stated in number of employees or average annual receipts.
The SBA has established two widely used size standards: fewer than 500 employees for most manufacturing and mining industries, and $7 million in average annual receipts for most non-manufacturing industries.
The Reddy Law Firm, P.C. is available to assist you with all your small-business law needs. Whether it is business transactions or litigation, our attorneys can provide skilled, dependable and effective representation for your small business in Atlanta or anywhere in Georgia.