If you are looking for investors to back your company and help you scale your product or service, it is imperative that you look for the right qualities to find a partner who truly understands your vision and is committed to your mission. Whether you are looking for local investors in Tennessee or branching into a national search, understanding the basic qualities that you should require of the investors you select to help you build your business will give you a better chance at seeing a return on your investment.
Some of your marital assets are fairly easy to divide during your Tennessee divorce negotiations. However, your spouse's retirement accounts are not as straightforward, with the possibilities of taxes, penalties and other problems looming if things are not done just right. According to FindLaw, one tool often used in these situations is a Qualified Domestic Relations Order.
If you are involved with a Tennessee religious, charitable, educational or scientific organization, your organization could benefit greatly from obtaining 501(c)3 status. As the Foundation Group explains, a 501(c)3 organization is one that receives favorable treatment from the Internal Revenue Service and the state taxing authority.
After coming up with a product or service, but before making it available to the public in Tennessee, you will need to apply for all the necessary licenses and permits. Depending on your plans for your company, you may not need many, but certain types of businesses require more than others. Failing to acquire the appropriate licenses and permits could lead to fines and other penalties.
Leasing commercial space can be one of the more frustrating aspects of starting, or further developing, a business. A range of considerations – rent, duration, location, design, floor plan, capacity (to name a few) – must be taken into account.
Even though your Tennessee church is a tax-exempt organization, as its minister, you still have to pay income tax. Whether you are self-employed or an employee of the church may make a difference in what forms you use to pay your taxes, and what your exemptions are. However, you must pay income tax on all of your earnings.