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Business Lawyer Knoxville - Knoxville Business Attorney

As an entrepreneur, Michael L. Smith thrives on the excitement and energy involved in helping other entrepreneurs with their new ventures and ideas. Focusing on Closely-Held Businesses, Michael provides individually tailored legal advice to both Start Ups and Established businesses. Essentially, Michael is available to assist entrepreneurs throughout the business life cycle.

Start Ups

Michael L. Smith assists entrepreneurs and new business owners in understanding and selecting the appropriate type of legal entity for their new business, including advice regarding the Limited Liability Company (LLC), Series Limited Liability Company (SLLC), Professional Limited Liablity Company (PLLC), S Corporation, C Corporation, Partnership, or Sole Proprietorship.

Established Businesses

Once a business is formed and commences operations, Michael L. Smith provides ongoing legal counsel for matters of contracts, employee agreements, independent contractor agreements, non-compete agreements, non-disclosure agreements, non-solicitation agreements, registered agent services, and annual reporting services.

Business Succession & Buy-Sell Agreements

Comprehensive business planning includes an evaluation of your goals and objectives not only during the formation, but in the exit strategy as well. Michael L. Smith can assist clients with business mergers, acquisitions, purchases, sales, asset purchase agreements, and stock purchase agreements. For the small, closely-held business, this process often includes Estate Planning in order to pass the family business to the next generation. Furthermore, Michael L. Smith helps small business owners create Buy-Sell agreements. Every co-owned business needs a buy-sell agreement the moment the business is formed. This contract between co-owners controls when owners can sell their interest, who can buy an owner's interest, and what price will be paid. These agreements protect the business and its owners in the event of death, retirement, bankruptcy, disability, divorce, and disagreement. Michael L. Smith can work with you to create a buy-sell agreement that is tailored to your specific needs.

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