If you start a business, are you responsible for its debts?
Financial hurdles are common when starting a business. You may know that your business will be successful in the long run—you have a great business plan and have identified your target audience. However, you still need a certain amount of financial investment to...
Who could cause your business legal problems?
As a business owner, it is important to remain vigilant for signs of trouble. It’s not only economic problems you need to watch for, but legal ones, too. Unfortunately, the reality is that you could face legal challenges from many directions. Here are some to...
Can a solid exit strategy keep you from a legal nightmare?
When you’re starting a business with someone, you’ve got tons of ideas, plans and goals for the future – but you also have to have an exit strategy in mind. Otherwise, you might end up in litigation in the future. Planning how you and your business partner will part...
Why owners of sole proprietorships should seek legal guidance
Owners of sole proprietorships in Florida can benefit significantly from legal guidance, even though this business structure is more straightforward than other forms, like corporations and LLCs. Sole proprietorships offer ease of setup and management, but they are...
What is a break clause in a commercial lease?
Many commercial leases include a clause known as a “break clause.” This may also be called a termination clause or an early termination clause. It’s a way for the tenant or the landlord to get out of the lease early. There are already some reasons why a tenant can...
How long should a non-disclosure agreement last?
A non-disclosure agreement (NDA) can be an essential legal tool to protect your company’s sensitive information in business relationships. If you are looking to make use of an NDA to protect your business interests, its duration is among the crucial aspects that...
2 legal steps to starting a new business
A new business arises initially from an idea. It could involve selling a brand-new creation or providing a service that consumers need. It’s an exciting time for entrepreneurs, but it’s important not to get carried away and forget to legally protect the company. ...
3 contracts that may require confidentiality clauses
Contracts are the lifeblood of many modern businesses. They connect an organization with services from outside companies and labor from skilled employees. They help lock in delivery schedules and prices for necessary supplies. Contracts provide access to leased...
What can you do if you think your business partner is stealing?
Money has gone missing from the company’s accounts – and you were the first to notice. For one reason or another, you suspect your business partner has been stealing. What do you do now? The answer may depend a lot upon your goals for the situation and your business...
3 beneficial early steps when starting a Florida business
Florida’s business-friendly climate makes it an attractive destination for entrepreneurs. If you plan to form a new business here, a good start can lead to success. Taking these three steps early in the business formation process can set the stage for a smooth opening...