Engaging in any kind of franchise relationship should always be done with due diligence and the assistance of an experienced business attorney. After you have filled out the initial qualification form and gone online to do your research, this is officially clearing the first hurdle. However, after this time period you will need to engage...
If it’s time to close up shop and move on, it’s important to know the steps to take to properly dissolve your Florida corporation. These instructions apply only to Florida C corporations. So, if you have an LLC or an S corporation, the steps you need to take to dissolve these entities is going to...
Corporate formalities are essential to abide by even in the event that you’re running your business on an ethical platform. Even company owners and corporate officers who follow ethical guidelines could still wind up in court and end up bankrupt if they fail to observe corporate formalities. There is a great deal of liability protection...
New entrepreneurs have many different aspects of running their business to worry about. It might seem like cash flow is one of the most important things you can focus on, but there are numerous different business planning avenues that should be followed and tracked regularly in order to ensure that your company is growing or...
If there ever was a no-win situation for a business owner, it’s a frivolous lawsuit. Not only does the suit require attention, it also requires a lot of money in the form of lawyers fees to fight off the frivolous suit. The bad news is that nothing can prevent someone from filing a frivolous lawsuit. The good...
You may have oftentimes heard the term “fiduciary,” particularly with respect to relationships involving money. Fiduciary relationships, however, extend far beyond monied situations into just about every aspect of business. At their core, fiduciary relationships are ones of trust. It is fitting, then, that the term “fiduciary” derives from the Latin fiducia which means “trust.”...
Just like some colds turn into pneumonia or something else more serious, business disputes can also take a turn for the worse – they can head to litigation. Litigation is expensive, time-consuming, and may not even manage to settle the actual dispute in the long run. Thus, it is very important to know the signs...
You are finally the proud new owner of a business and are ready to move full speed ahead into the glorious future you have set up for yourself. Then why is the IRS all of a sudden knocking on your door? Why are you getting served for lawsuits from people you’ve never heard of? Why...