Starting your own business isn’t for the faint of heart. Building a business from the ground up requires vision, leadership, and endless amounts of energy. It requires a great deal of time and often a great deal of money. And there’s no guarantee of success. That said, building a successful business is incredibly rewarding. It...
Trembly Law
In 2013, the Florida Legislature unanimously adopted CS/SB 1300, a rewrite of Florida’s limited liability company statute. It completely overhauls Florida’s current LLC act. This revision was made in an attempt to keep Florida competitive with the rest of the country, hopefully retaining LLCs that might otherwise have left Florida. The Act became effective on...
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 set...
A lawsuit is stressful in many ways, and it is often tempting to settle as soon as possible just to put an end to the stress. On the other end of the spectrum, sometimes there is so much emotional involvement in the lawsuit that you’re reluctant to settle at all. To ensure you’re making the...
If you run a business, there’s a very good chance that you will face a lawsuit at some point. And if you wait until you’re actually facing legal action in order to prepare, it could be too late. Today we’re going to cover practical steps that you can take right now in order to put...
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. Oftentimes, this is...
In today’s business climate, every business owner needs to have a lawyer on their team. Lawsuits and other legal complications can arise seemingly out of nowhere, and you need to be protected. Here are five reasons you should have a relationship with a business lawyer. (And, if you keep reading, you’ll see that it is...
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...