Considerable work and expense go into establishing a business. Thus, owners remain on the lookout for ways to save time and money. One way entrepreneurs try to economize their budget and schedule is by using online legal document assistant services. However, doing so...
Business Law
Do you need to protect your business’s intellectual property?
Intellectual property is often an important part of a business. If you developed your own properties or have a special sales process, you need to protect these things. Without proper protection, anyone could come along and steal your ideas. The only way to get...
Protecting your organization with a succession plan
Owning a business in Florida involves a lot of moving parts and requires you to constantly think of the future. Inadequately planning for unforeseen circumstances could cause your organization to crumble under pressure. A succession plan is an excellent way to fortify...
What are the characteristics of an S-corp?
You have many options when it comes to business formation. If you decide you want to start a corporation, you will have to choose which type. One option is the S-corp. The IRS defines this type of corporation as one that passes the burden of taxes to the owners. This...
Can I create legal documents for my company?
Anytime you create a legal document for your company it is a serious situation. It is essential that only those people who have authority are creating such agreements. The Journal of Urgent Care Medicine explains that entering into a contract requires that it occurs...
What are provisions in a licensing agreement?
Businesses that have developed a product idea but do not have the manufacturing capacity to bring it to market may license their products to a larger company that has the ability to mass-produce them. To set up this kind of relationship, you will need to compose a...
What should I know about a special purpose LLC?
Some Florida entrepreneurs decide that forming a limited liability company is the best way to go. They want a business structure that is simple to create while shielding their personal assets from liabilities and also avoiding double taxation. Additionally, LLCs come...
Why form a corporation or limited liability company?
Small business owners may not realize it, but their personal assets become vulnerable when they operate without establishing a business entity. Creating a corporation or limited liability company limits the owner's personal liability for business-related debts. Here...
How can you reduce the risks of contract disputes?
Aligning business agreements with long-term company goals can create the foundation for sustainable relationships. Forming mutually beneficial contracts should begin during negotiation. When you recognize the gravity of negotiation, you can use it to your advantage...
Florida small business taxes vary by business structure
The state of Florida is one of the most tax-friendly states in the country, and along with the abundant sunshine and great weather it has to offer, the income tax schedule makes it doubly as attractive for businesses of all types. Not only are individuals not required...
Many Family Law situations can have a big impact on your future.
Don’t forget to update your estate plan.