Starting a business can be one of the most exciting times of your life, but it also comes with several legal considerations. Haynes Law Firm has experience guiding new business owners through startup by assisting with a variety of issues including choice of entity considerations (LLC, C Corporation, S Corporation, Partnership, etc.), drafting bylaws, articles of organization, articles of incorporation, operating agreements, and other necessary foundational documents, negotiating and advising on the funding of the business, negotiating and drafting leases and real estate contracts, and drafting and submitting required filings with the Arkansas Secretary of State, the Arkansas Securities Department, the Securities Exchange Commission, and the IRS.
If your business is in need of legal assistance during its operation, Haynes Law Firm is ready to assist. Tom Haynes has experience negotiating, drafting, and advising clients on contracts, employment agreements, covenants not to compete, vendor agreements, licensing agreements, and a variety of other agreements. Further, if the need for civil litigation arises, whether your business has been sued or you intend to file a lawsuit, Haynes Law Firm handles these types of cases.
Whether you want to buy or sell a business, Haynes Law Firm has the experience and expertise to assist you with the process. Tom Haynes has experience with the purchase and sale of businesses in a variety of industries, including professional service companies, dentists, doctors, manufacturers, and more. The process requires due diligence and proper counsel to protect your interests. Tom has experience performing due diligence and negotiating and drafting necessary documents such as purchase agreements, covenants not to compete, and other related documents as the situation may require, including leases, real estate contracts, employment agreements, consulting agreements, bills of sale, promissory notes, security agreements, mortgages, and more. If you are considering either buying or selling a business, contact Haynes Law Firm today.
Once your business has been built, you may discover you have no plan for what happens when you are no longer there to run things. A solid succession plan can preserve your legacy byensuring that your wishes are met by the passing of the business on to the next generation. A variety of techniques can be utilized depending on the specific facts of the situation, including the use of family limited partnerships, family limited liability companies, or tying succession of the business into an estate plan. Haynes Law Firm possesses the experience to provide a custom-tailored succession plan that fits the needs of Arkansas small businesses.
Funding the Business
If you are looking to expand your business, you may find the need for additional funds. Haynes Law Firm provides counsel to clients on a variety of funding issues, and Tom Haynes has experience assisting Arkansas businesses with the issuance of both debt and equity to receive access to funds. Whether your company is considering a secured or unsecured loan from a bank or private lender, or considering capital calls from existing members or bringing on new investors, Haynes Law Firm can assist you through the process.
Although a bulk of the services offered for businesses involve the best times for your business, Haynes Law Firm is also there to provide zealous representation in times of controversy. A variety of disputes requiring an attorney can rise during the life of your business, including breaches of contracts, employment agreements, or covenants not to compete. Further, sometimes disputes arise between business partners themselves, to the point that relationships cannot be mended and the owners must part ways. Haynes Law Firm provides zealous representation to businesses and business owners who find themselves in such disputes.