Starting or growing a new business can be a hopeful and thrilling experience. However, there is more to operating a business than making money. Several potential pitfalls can hinder your ability to find success. There are several situations when you should consult a business law attorney. Changing Business Type You may choose a sole proprietorship [...]
Starting a business can cause overwhelming emotions, from excitement to stress. There are so many considerations to think about. Miss something, and you could put your business at risk or make things more complicated for you. These eight business formation insights will help you find success when you start a business in 2024. 1. Types [...]
You've worked hard to build your business into something that you can be proud of. However, without succession planning, all of that hard work goes to waste should you no longer be the one leading the team. While no one wants to think about their time ending with a company they've founded, that day eventually [...]
About 20 percent of businesses fail within the first year. By the end of the second year, 30 percent of small businesses fail. Don't take this to be discouraging, though. You can learn from these failures and protect your investment by hiring an attorney for your small business. Experience these six benefits when you hire an [...]
How you ever considered selling a business? You've worked hard to build your business. It started as an idea, then became a reality. From there, it grew into a viable business that makes you a steady profit. Now is the time to consider selling your profitable business to an interested buyer. Selling a business is [...]
Florida is an "at-will" employment state. This means that there is no employee contract, and either you or your employee can terminate employment at any time for any reason that doesn't violate the law. There doesn't even have to be a particular reason other than either of you don't want to continue the working relationship. [...]
A business partnership is one of the oldest forms of business. Essentially, it involves two or more people working together. One of the biggest benefits of a partnership is that it’s simple. You don’t necessarily need to pay income tax. Rather, profits made in the business are the responsibility of each owner and taxed within [...]
The court system is available to anyone who has a dispute. Yet, contract dispute cases can be drawn out and expensive. The good news is that there are ways to settle such disputes faster. The most popular method is mediation. First, Try Mediation Mediation involves two parties that are entwined in a contract dispute agreeing [...]
If you’re thinking of starting a nonprofit business in Florida, you need to know about both state and federal procedures. Forming a nonprofit is a time-consuming and often complicated procedure, especially when it comes to securing a tax exemption. That’s why it’s advisable to meet with an attorney with expertise in a nonprofit organization. What [...]
If you’re thinking of starting a business in Sanford, there are a few things you need to know. Being an entrepreneur is demanding, so you’ll need to consider if you have the skills and stamina for your startup. Starting a Business in Sanford A business must be formed as a legal entity. It should be [...]
