If you run a business, this probably isn’t the first time you’ve heard of a procurement agreement. But, if you haven’t heard of it yet and you either run or are looking to start up your own business, we’re here to provide a quick rundown about what they are, what they should include, and the...
Monthly Archive: July 2018
Debating whether to take your company public (a.k.a. Initial Public Offering or “IPO”) is a huge decision. The fact that you’re debating it at all shows that you highly value your company, and that it’s expanding rapidly. So, congratulations! This is an exciting time for you and your business. But, from thoroughly researching the market...
When you own a business, there are so many things you have to worry about. From growing your client base to keeping your employees happy, it’s easy for things to slip through the cracks. One of the most common problems that business owners deal with is unresponsive people, such as a vendor, contractor, or even...
When legal disputes arise, many people assume that the only way to really resolve them is through litigation—that is, filing a lawsuit and having your day in court to air your grievances and allow a third party who is thoroughly versed in the law decide the issue for you. Litigation, however, is an expensive, time-consuming...
As a company owner, you naturally want to do everything within your power to minimize the business’s exposure to risk. Employee lawsuits, unfortunately, can impact that goal and even threaten business continuity. These lawsuits can be inspired by several situations. The employee might complain that they are being harassed or discriminated against, or accuse you...
You may know articles of incorporation by other names, such as certificate of formation, or corporate charter, but no matter the name, the purpose is still the same. The purpose of the articles of incorporation is to formally establish and register a corporation under a state’s laws and regulations. Remember that a corporation, unlike a...
Should you find yourself in the position of raising capital for a private fund, you should become familiar with a very common, yet often misunderstood, tool of this particular trade: the side letter. It’s a deceptively simple name for what can be a sophisticated and nuanced way to secure individual investors on their terms. Private...
If you incorporate as a business in Florida, one of the things you must do in order to keep your corporation valid (and to avoid personal liability for the company) is to meet with your shareholders. Shareholder meetings are often perceived as giant and almost ostentatious affairs with large ballrooms filled with eager shareholders. Luckily...