Many laws unique to Washington affect local businesses. A business entity operating within Washington must ensure that it complies with all applicable local laws. Legal transactions in the local area may require businesses to obtain leases or permits. In Washington, a business must also consider local law in determine how to structure itself.
Business Transactions in Washington
Knowledge of the local business laws is essential in Washington in contracting with individuals and local companies. A contract can help you to avoid business disputes in the future, as well as provide predictability for future operations, but it must be drafted according to Washington and Georgia law. A valid contract in Washington must meet certain requirements, otherwise a court may find it invalid. Contract law has a language all its own, and it can be difficult to interpret. Another concern is that a party to a contract sometimes fails to live up to its end of the bargain. The disputes that result are often settled in local Washington courts.
Business Structure in Washington
If you are starting a business in Washington, you will want to know about the business structures that are available under local law. You may want to organize as a Sole Proprietorship, a Partnership, a Corporation or an LLC. Determining which of these structures is right for your business can be challenging, since each one has its own advantages and disadvantages in Washington. If you should need to dissolve a business, local law must also be followed. Business law attorneys practicing in Washington can help you.