When it comes to a partnership or a joint venture, two terms are not interchangeable, especially in the business world. While the differences may seem tiny, in legal language these have quite an impact. Joint Venture Examples One innovative joint venture was Google and NASA partnering to make Google Earth. Google Earth allows you to see...
Trembly Law
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...
If another party owes you money, there are many options at your disposal to ensure collection of the owed amount. Alternatively, if you need a cash infusion, there are ways for you to borrow money from a creditor that trusts you to pay back a specified amount. For example, one option is an IOU, which...
Selling your business often requires a fair round of negotiations. The seller wants to receive the full value of their venture, while the buyer desires to pay a fair price on assets and policies. Once a seller and a buyer have come together on the basic terms of a business sale, the next step will...
With the advent of the Americans with Disabilities Act (ADA) in 1990, the issue of disabilities in the workplace became more well-known and understood. Employers learned more about their obligations with respect to disabled workers, and individuals with disabilities learned about their rights in the workplace. Despite this law, individuals with disabilities unfortunately still face...
Signing contracts is a regular part of our daily lives. They are essential written agreements by which we agree to exchange products, services, or rights with another party. These can include individuals or businesses. Some contracts are as simple as signing a credit card receipt, while others are more complicated, like when you sign a...
When you’re organizing a new business in Florida, there are several entities to choose from, from sole proprietorships and partnerships to corporations and more. One increasingly popular structure is the Limited Liability Company, or LLC. In fact, Florida is the fifth most favorable state for one. An LLC is a business entity that combines the...
Turning your business into an LLB, LLC, sole proprietorship, partnership or corporation is not necessarily simple. Even if you make the decision on which type of business is best for your interests, you still have to go through a lot of paperwork. You want to consider viable alternatives. The process, called incorporating, requires abiding by...