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...
A Business-First Approach To The Practice Of Law
Business Law
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...
Establishing an LLC in Florida
Florida business owners decide to establish limited liability companies for a variety of reasons. Often, they do so because they want to gain access to the protections that an LLC provides. For example, if someone decides to file a lawsuit against an LLC, its members...
How are mergers and acquisitions different?
The ideas of a merger or acquisition of a business may seem similar, but they are actually quite different. While both end in a business becoming part of another business, it is the details that are contrasting. The Small Business Association explains the way the...
3 mistakes that can damage your shareholders’ trust
A positive relationship with your shareholders is essential for a successful business. Like every relationship, it must be built on mutual trust, respect and responsibility. Avoid these common mistakes that can lead to disputes and distrust among your shareholders....
How can I avoid fraud allegations in my business?
Fraud allegations can be difficult to handle. They also can damage your business in multiple ways depending on whether the allegations go public and what they encompass. Your best bet is to operate your business in a way that makes it difficult for anyone to accuse...
What can a company do to keep shareholders happy?
When shareholders are upset, it can lead to serious issues for a company. They may even try to take legal action. So, keeping them happy is beneficial for everyone and will help your business overall. Entrepreneur explains shareholder management hinges on keeping the...
