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

How do I Know if My Business Dispute is Headed to Litigation?

Disputes happen when you’re in business—it’s almost inevitable. Hopefully, your contracts have done a good job of already answering the “what ifs?” of key hypothetical situations that come up. If they haven’t already provided an answer, you, your business, and your business partner will be left to deal with the fall out. What happens next can vary. The best case scenario is that all parties want to resolve the Read More

Business Law 101: Why You Need a Partnership Agreement

If you are thinking of creating a business with another person, you need to consider drafting a partnership agreement. The enthusiasm that comes with creating a new business can make it difficult to figure out details that may seem mundane, however, creating a partnership (or shareholders) agreement early in your new business venture can provide short and long term benefits for everyone. Here’s how these agreements Read More