Trembly Law

Business Litigation: Ten Quick Tips to Keep You Out of The Courtroom

Getting involved in a lawsuit represents a serious expense for any business. While you can’t avoid the possibility of a lawsuit, here are ten things you can do to protect yourself. 1. Make sure your business is set up properly to limit your liability. If your business is a partnership, make sure the partnership is […]

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Selling Your Business? Here are Three Tips to Help You Boost Its Value

Selling your business can be very rewarding, and it should be the ultimate goal of any business owner. It is an opportunity to “cash out” on all of the hard work you put into creating and developing your business. Unfortunately, for many business owners, the process turns out to be a disappointment. Often times, this

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Capital Contributions vs. Loans; Have You Documented Appropriately?

Often times, business associates feel as if they do not need to have everything in writing. This is particularly true if they have gone into business with friends or relatives. Unfortunately, it is impossible to predict which business arrangements are destined to break down. Businesses co-owned by friends or relatives are just as likely to

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Busting the Myth of the “S-Corp.” as a Business Structure

“My business is an S-Corporation.” I’ve heard this statement hundreds of times from business owners and entrepreneurs. Even certain literature from our own State of Florida states “An S-corporation is also called a standard business corporation.” Despite the confusion, there is actually no such thing as an S-Corp from a legal standpoint. The confusion sets

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