Clarity is important for any business. For example, a vague business contract can pave the path to breach of contract disputes. It can cause headaches and considerable expenses for all parties. Lack of specificity leads to misinterpretation About 3.1 million small...
When starting a new company in Florida, you must choose the right legal structure for your business. This choice affects the company's legal liability, taxes and operation. Understanding the common business entities allows you to make an informed decision. Corporation...
An enforceable noncompete agreement hinges on several key factors. First, employees should receive something of value in exchange for their commitment to refrain from competition. Additionally, the agreement must protect a legitimate business interest, such as trade...
According to the Florida Department of State, there are over 2.8 million small businesses in the state, and most of them have proprietary information. In today's competitive business landscape, proprietary information acts as the lifeblood of many organizations. This...
Given that an LLC allows you as a member to avoid liability in case someone sues your business, you should be sure that the company will not fall apart if one of its other members dies. Fortunately, an LLC can survive by passing the ownership interest and rights to...
Given that LLCs come in many forms, it is easy to mistake one for an incorporated business such as an S corp. However, these are two different business structures. If you want to start your own enterprise, you should know which of these structures may be of greater...
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...
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...
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...
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...
Many Family Law situations can have a big impact on your future.
Don’t forget to update your estate plan.