When you created your business, lawsuits may not have been at the front of your mind. Excited by the promise and possibilities of your future, you may not have taken the time to think about what to do if something like this should happen. Now, you have been informed that you’re being sued. What should you do? Here are the first four steps you should take when your business is facing a lawsuit. Call your Read More
5 Steps to Obtain a Seller of Travel License
Anyone who plans on selling travel packages needs to have a Seller of Travel license for the states involved in the transaction. (Not all states have Seller of Travel licenses, but several do - and others require Sellers of Travel to obtain Telemarketing licenses if they market via telephone.) This means that you may need a license for the state where your business is located and another for the state (or states) Read More
Business Organization: The Advantages of an S-Corporation
Deciding how to organize your business can be one of the toughest decisions you make. One of the more popular ways to organize your small business is as a Subchapter “S” Corporation, also known as an S-Corp. All organization structures have their advantages and disadvantages. Here’s more about the advantages of filing as an S-Corporation. Pass-Through Taxation One of the main benefits of organizing as an S-Corp Read More
7 Legal Mistakes for Telemarketers to Avoid
The telemarketing industry is full of rules and regulations. Both your state and the federal government have laws regarding your conduct and what it takes for you to legally operate. If you are just opening your telemarketing business in Florida - or selling TO Florida, read below for our top seven legal mistakes for telemarketers to avoid. Florida Department of Agriculture and Consumer Services. In Florida, Read More
6 Steps to Reduce the Likelihood of Your Business Facing a Lawsuit
No business wants to get sued. Although there is nothing that can 100% guarantee that you and your business will never be sued, there are some common sense steps to make it less likely. Here are our top six steps to reduce the likelihood of your business facing a lawsuit. 1. Have valid contracts with any business partners, vendors, customers, and contractors. Make sure to draft valid, thorough contracts with Read More
5 Essential Elements of a Strong Vendor Agreement
Vendors are an important component of any business. Whether you’re buying goods or services from your vendors, it’s important to have a strong vendor agreement in place. A strong vendor agreement clearly explains the particulars of your business transaction and can settle disputes early. An experienced Florida business law attorney can guide you through everything you need to include as every agreement will be Read More
Top 5 Advantages of Organizing Your Business as an LLC
When you’re just starting your business, you need to decide which type of business entity you should be. Some of the most common business entities are the S-corp, C-corp, Sole Proprietorship, Partnership, and Limited Liability Company (LLC). (Click here to learn more about each of these business entities.) Of these five entities, LLCs are arguably the most popular because of their flexibility. Here are 5 advantages Read More
Which Business Entity Is Right for You?
One of the most difficult business decisions that you’ll face will happen before your business even begins—deciding which kind of business entity to create. This important initial decision will lay the groundwork for many other important decisions that will happen later on. So which one is right for you? Sole Proprietorship If you intend to own your business on your own, without partners, this is likely the Read More
6 Tips for Stronger Business Contracts
When you’re just entering into a business with someone, whether it’s a vendor, a customer, or a business partner, you want to make sure that you have a strong contract to protect you from future legal issues. A good business contract clearly explains what is expected from all parties and outlines the consequences of straying from the contract. The best contracts also anticipate future questions or issues that may Read More
An Overview of Indemnity Agreements
The phrase indemnity agreement sounds ominous, but don’t let the intimidating name scare you. Indemnity agreements are actually very common. In fact, you’ve probably signed several of these agreements before, but you just don’t know them by this name. Here’s more about what indemnity agreements are and why you would sign one. What Is an Indemnity Agreement? Many people know of indemnity agreements by a Read More