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...
Franchising and licensing are often lumped together when average people discuss business expansions. There are some key differences, though, that both sides need to be aware of when engaging in this type of business transaction. The main trade-off between the two is the infrastructural support you receive as a franchisee versus the operational freedom licensees...
Let’s face it. To run your business, you need vendors who can help with any number of services or items that are critical to your operations but are not in your area of expertise. While many vendors are moving toward standard form contracts for the sake of uniformity and consistency, it is still possible to...
What Is An Asset Purchase Agreement? An asset purchase agreement is exactly what it sounds like: an agreement between a buyer and a seller to transfer ownership of an asset for a price. The difference between this type of contract and a merger-acquisition transaction is that the seller can decide which specific assets to sell...
Running your own business is a cornerstone of the American Dream. Those with a unique business idea and the right amount of drive and capital tend to build their own company from the ground up, while others prefer to enter the business arena by buying into a well-established franchise. A franchise is essentially opening a...
If ever there was a super legal-sounding term for a fairly common occurrence, it would be injunctive relief. It essentially means to get someone to stop doing something. In other words, you want to enjoin (stop) the other party from doing something. The act of getting them to not do that something is your desired outcome or...
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...
Miami, Florida (October, 2019) — The Trembly Law Firm announced today that Christian E. Rodriguez, Esq., has been promoted to Managing Partner of the Firm. Mr. Rodriguez had been serving as Chairman of the Litigation Department since his arrival at the firm in March of 2017, and was named a Partner in May of 2018....