Tips for resolving partnership disputes
Business partnerships depend on the idea that each owner will work with the other(s) to make decisions that are in the best interests of the company. When disputes occur, partners must ensure they handle the situation in a way that enables the business to move forward...
Tips for protecting your business’s trade secrets
Trade secrets are valuable business assets, offering competitive advantages and unique selling points. However, they are vulnerable to theft, which can potentially cause significant harm to a company’s brand. The following are some strategies to prevent your...
Can you prevent a contract breach from happening?
A contract is a legally binding agreement between two or more parties. Parties may agree that one party is responsible for supplying a service or product, which is detailed in a contract. These outlines can include when a service or product is expected to be supplied,...
Benefits of establishing a limited liability company in Florida
If you are an aspiring business owner in Florida, considering the structure of your new venture is crucial for its success and sustainability. One option that offers flexibility, protection and credibility is establishing your business as a Limited Liability Company...
3 types of business structures to know
One of the first decisions you have to make when you start a business is deciding what type of structure it will have. Each type has a specific purpose and structure that must be factored into your decision. There are several points to consider as you’re going...
Do workers have to give two weeks’ notice when quitting?
It is certainly common practice for workers to give two weeks’ notice before they quit a job. Many employers expect this, and workers will do it without being asked. The general idea is that the worker maintains a good relationship with the employer – and would get a...
Key issues to consider when starting a company
Starting a business is an exhilarating endeavor, brimming with potential and possibilities. This reality often causes entrepreneurs to want to rush through the start-up process; they’re simply so excited about the new business and what they can do after they get it...
The legal aspects of starting a business
After years of working for other people, you are now ready to form your own company. You’ve identified a gap in the market and you have the product or service and experience to fill this space. Forming your own company can be very exciting, but there are also...
Can someone change their business structure after starting a company?
The business structure that someone chooses when launching a company influences everything from what paperwork they have to file to how their enterprise is taxed. People often spend some time considering their business model and plans for the organization before they...
Why you need to be thoughtful when choosing a business structure
Choosing the right business formation structure is crucial for startup founders as doing so sets the company's legal and financial foundation. Making an informed and thoughtful decision in this regard can have significant implications for a startup's operations,...