Today’s business owners have more options than ever before. After a period of rapid growth, during which profitability was a business’s only measure of success, the societal view of corporations has started to shift. Now, more and more consumers want to work with companies that are socially responsible, environmentally friendly, and ethical in their business choices. Enter: the Certified B-Corporation. The History of Read More

Mergers and acquisitions are a risky and time-consuming part of doing business—but when they work out, they can help a business experience substantial growth and expansion in new markets. An important step in the mergers & acquisitions process is drafting a letter of intent. It paves the way for a successful purchase. Goals of a Letter of Intent The goal of a letter of intent is to specify what both parties bring Read More

Franchising is often a fast and convenient way to open your own business. You can build your successful business on the back of a well-known brand, and in many cases, everything you need to operate your business is included in the existing company’s business model. Before taking the plunge and purchasing a franchise, make sure you’ve taken some time to look into the following factors. History and Experience of the Read More

The merger and acquisition process is beneficial for both parties. It allows business owners to get some money out of a struggling business or one that they do not have the capacity to grow, while permitting larger business owners with expansion opportunities. Whether you are acquiring a new company or you’re part of a company that’s merging with another, knowing what to expect can make the process much simpler. Find Read More

When it comes down to it, business is all about contracts. While business would run smoother if everyone carried out their duties with just a verbal agreement, contracts are ultimately the best way to hold partners, clients, and service providers accountable. As a business owner, understand how a bad contract can impact your business and how you can fix a contract that does not serve your needs. Your Contract Is Read More

A legal dispute can quickly become more expensive than either party anticipated, particularly when you consider lost productivity and work time. At some point, settling out of court may become a viable option for both parties, allowing them to move on. An Overview of the Mutual Release A mutual release permits both parties to stop pursuing their claims against each other, including both future and current claims. Read More

While many businesses have shifted their focus away from cold calling as their primary route of finding new customers, it can still be an effective option for business owners in many industries. However, thanks to other corporations abusing the technology, measures have been put in place to regulate how businesses can call potential customers. Before you start using telemarketing, cold calls, or autodialed calls as Read More

As a business owner, there are times when you will need to finance important purchases. Finding the right financing solution can be difficult, but when done properly, you can help ensure your company has the money it needs to grow and thrive. Mezzanine is an often-overlooked financing option, but it has been growing in popularity over the last several years. It is a hybrid of debt and equity financing, and gives both Read More

As a business owner, one of the most important decisions you’ll make is where you establish your business. This choice determines which local laws apply to your operations, how easily customers and clients can find you, and how much room you have for expansion. Before you begin looking for the ideal location, get familiar with Florida zoning, and land regulations to know what is and is not permitted.  What Zoning Read More

If you’ve ever had a business partner work against your company’s best interests, you know how financially devastating it can be for a growing business. If you trust someone to act in your best interests, and they’ve agreed to such an obligation, they may have a fiduciary obligation to you. If they then violate that obligation, you may have grounds for a breach of fiduciary duty complaint. Establishing a Fiduciary Read More