Tempe Business Law
Many laws unique to Tempe affect local businesses. A business entity operating within Tempe must ensure that it complies with all applicable local laws. Often, obtaining leases and busines permits must be completed first before you can open for business. Structuring your business in Tempe also poses unique considerations.
Business Transactions in Tempe
A business must be aware of local business laws in Tempe in order to contract with consumers and local companies. Contracts provide a business with predictability in its transactions as well as serving to avoid potential business disputes in the future. However, contracts should be drafted with sensitivity to local Tempe and Arizona law. In Tempe, a valid contract must meet several requisites. If they do not, the document may be found to have no legal effect. Furthermore, contract law has its own unique language that may be difficult to interpret. A party may also find itself in breach of its contractual obligations. In Tempe, these disputes will likely be handled in the local court.
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Life in TempeTempe is located in Maricopa County in Arizona. It has a population of about 175,000 and was incorporated in the year 1894. Its name comes from the "Vale of Tempe" located in Greece. Tempe is known for being the headquarters for several prominent corporations.
The economy of Tempe is comprised mainly of large corporations which have their headquarters in the city. For example, companies such as U.S. Airways and Insight Enterprises have their executive headquarters in Tempe. Cold Stone Creamery, a popular ice cream franchise, was originally located in the city. In addition, Tempe is home to Arizona State University at Tempe, where the Insight Bowl is held every year.
Residents of Tempe enjoy great performance in the arts at the Gammage Auditorium and the Tempe Center for the Arts. Also, visitors frequently enjoy shopping in Tempe's retail district, located at Mills Avenue and at Arizona Mills, one of the largest shopping malls in the state. The Tempe Marketplace is where you can go for excellent outdoor festivals and concerts.
Lawyers in Tempe, Arizona typically file legal claims at the Tempe Municipal Court. The municipal court handles a wide range of legal issues and ordinance violations. Tempe lawyers also participate in a variety of exciting civic and community service events.
Business Structure in Tempe
For a business opening in Tempe, there are a few available business structures that you will want to know about. Sole Proprietorships, Partnerships, Corporations and LLC's are among the options. There are advantages and disadvantages of each of these business structures in Tempe, and you should be careful in determining which one is best for your company. Local law must also be followed in dissolving a business. Attorneys in Tempe can help you in this process.