In the realm of business, disputes are nearly inevitable. These disagreements can arise from various issues such as contract disagreements, partnership dissolutions or breaches of fiduciary duty. If not handled properly, these disputes can disrupt operations, harm...
A Business-First Approach To The Practice Of Law
Business Law
Are your personal assets at risk if you have an LLC?
If you want to launch a business venture without risking your personal wealth, you might consider setting up a limited liability company. After all, according to the Journal of Accountancy, shielding the owner's personal assets from the venture's creditors is a common...
3 situations when a restrictive covenant may be unenforceable
Restrictive covenants, such as non-disclosure agreements and non-compete agreements, serve an important purpose. When used correctly, they can shield your trade secrets from your competitors. In some circumstances, however, your restrictive covenant may not be...
When to consider having employees sign a nondisclosure agreement
When hiring new employees or collaborating with freelancers, businesses may have sensitive information that they wish to control who has access to it and when. A non-disclosure agreement can help protect this information by legally binding the employee or freelancer...
Are there any risks of suing for breach of contract?
Regardless of industry, doing business successfully requires having a meeting of the minds between your organization and your customers or suppliers. Because there can be wide disagreements about verbal promises, savvy business leaders have written contracts. Indeed,...
Pros and cons of common business structures
What happens if you choose the wrong structure for your new business, or if you change your mind later? It depends on the structure you choose: Sometimes you can change easily, sometimes it is difficult and costly to change and sometimes you cannot change at all. For...
Tips for choosing a successful acquisition
Mergers and acquisitions are standard practice in the business community, but the right ones are a matter of judgment and research. Some business owners want to branch out and expand their operations with targeted acquisitions, but they may not know how to choose....
Are you at risk for a breach of contract?
A valid contract between you and another party can give your business the goods or services necessary to run smoothly. However, what happens if the other party does not hold up its end of the agreement? A contract breach means that one party has stopped abiding by the...
Inflation to drive more Florida business formations
Inflation is driving record numbers of Americans to start new businesses, according to a recent report. With 40% of the adults in the state saying they want to start a new business, Florida could be one of the states with the most new business formations in 2023....
How should you vet a potential business partner?
Even if you have a brilliant idea, very few entrepreneurs can be successful without some help. After all, you may need capital, specific expertise or business acumen to turn your entrepreneurial dreams into reality. Finding the right business partners can make all the...
