How Do I Protect My Business With a Non-Compete Provision?

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Florida courts routinely enforce non-compete clauses in contracts with employees, contractors, and consultants.  But the non-compete clause must meet certain standards of reasonableness before it can be enforced. It must also support a legitimate business interest since an injunction against the employee essentially robs that employee of the freedom to choose where to work. Here…

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Should My Business Require COVID Waivers?

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The COVID-19 pandemic has created a new normal for large and small businesses alike. Mask mandates are in place in most states and social distancing is still necessary. In some states, business owners are collecting customer information for contact tracing. Since the pandemic has hit businesses hard, some companies have considered the possibility of using…

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Best Practices When Your Business Faces Litigation 

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Business-related disputes can arise for a wide variety of reasons. Disagreements can involve customers, employees, vendors, or business partners. Some disputes cannot be resolved internally. When this happens, owners should prepare for the possibility of litigation. Disagreements that require legal intervention can include the following: Breaches of contract Shareholder disputes and deadlocks Difficulties from restructuring…

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“Improved” SBA EIDL Program is Good for Liquidity

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In early April 2021, the Small Business Association implemented changes to their Economic Injury Disaster Loan program (EIDL). With these improvements to the program in place, qualified companies can borrow more capital than before. Beyond higher loan limits, the SBA has taken several steps to make EIDL loans easier to obtain. Today, we will explore…

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Is Your Company At Risk Of Deadlock?

At the planning and inception stage, it is common for two business partners to split everything “50/50.”  It seems at first glance to be fair and equitable to split the profits, losses, and managerial decisions equally between the owners.  But what happens when disagreements in running the business arise?   Companies with two partners, or…

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Avoiding Costly Litigation and Maintaining Your Company’s Growth

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Litigation is one of the most costly, time-consuming, and challenging obstacles a company will face. However, there are many proactive steps you can take now to avoid the risk of being sued (or having to sue) later. Implementing some of these strategies with a growth mindset can help lessen your risk of future litigation or…

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Resolving LLC Member Disputes

The Limited Liability Company is widely considered the most popular business entity today.  The LLC draws attributes from both traditional corporations and partnerships.  While the LLC is favored among entrepreneurs and business developers for it’s simplicity and freedom from many corporate formalities, good practices must be put in place early on in the business life…

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Protecting the Company You Worked So Hard to Build

Creating your own company is one of the most fulfilling moves one can make in a lifetime. Once you have that business going, all the drive and passion you put into its creation now goes into its maintenance and protection.  Many small and medium sized business owners oftentimes mistakenly believe they can handle legal formalities…

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