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...
Business Law
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...
Ways to deal with your business if you divorce
During the divorce process, couples in Florida will negotiate how to split the life they built together. This can involve the division of property as well as child support and custody issues. If one or both of the spouses owned a business, they will also have to...
Types of lawsuits your business might face
Litigation can be stressful and costly for your Florida company, but sometimes, you may have little choice but to pursue a legal solution to a business problem. You may also find yourself in a situation where you are facing a lawsuit filed by another party. Common...
How do you commit an anticipatory breach of contract?
A business in Florida might commit a breach of contract if they fail to fulfill their obligations to the other party. In some cases, the other party might sue them for damages. However, the other party might do nothing in certain situations, like an anticipatory...
The key to ensuring your business partnership doesn’t fail
You're starting a business in Florida with someone else. It's an exciting time, but worries about partnership disputes linger, and you may be wondering what you can do to ensure that your partnership succeeds. Benefits of starting a business with another person...
Many Family Law situations can have a big impact on your future.
Don’t forget to update your estate plan.