Are Your Contracts “Solid” for the New Year?
As we step into a new year, it’s not just about making personal resolutions. For businesses, it’s a crucial time to reassess and strengthen their foundations – and that includes contracts. Contracts are the backbone of any company, setting the stage for successful relationships and operations. Our business law professionals at The Frazer Firm…
What is the Corporate Transparency Act and How Can You Prepare Your Company for It?
Starting in 2024, millions of companies across the US will be required to file new paperwork with the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). That requirement is imposed by the Corporate Transparency Act – an element of the Anti-Money Laundering Act of 2020. But what exactly is this new law all about? And…
Drafting Airtight Contracts: Best Practices to Minimize Future Disputes
From small, local companies to large, multinational organizations, contracts are the backbone of every business transaction. Well-written agreements can result in long-term, fruitful relationships – while badly worded contracts almost always lead to arguments, separations, or lawsuits. So, what steps can you take to ensure your contracts fall into the former category, not the…
The Art of Navigating Mergers & Acquisitions: 5 Strategies for Business Success
Mergers and acquisitions (M&A) are pivotal moments in the life of a business. They can lead to significant growth and success, but navigating them requires skill, insight, and careful planning. Business owners might be contemplating expanding their market reach, diversifying their services, or even looking for an exit strategy that maximizes their investment. Whatever…
Understanding Limited Liability for Business Owners in Florida
As a business owner knowing the basics of Florida business law is crucial. One key piece to understand is limited liability. Essentially, limited liability is what keeps your personal items like your house or car safe should your business face legal trouble or debt. This concept is extremely important for anyone owning a business…
Navigating Business Partnerships: Legal Insights for a Smooth Collaboration
Venturing into a business partnership may open the door to opportunity, but it also opens the door for potential legal disputes. Without appropriate planning and legal safeguards, partnerships can find themselves entwined in difficulties that jeopardize the organization’s stability and success. The Frazer Firm is well-versed in guiding businesses through the legal maze of…
Contract Secrets Revealed: Key Elements to Scrutinize Before Signing
Contracts can make or break your business endeavors. As any experienced entrepreneur knows, signing agreements without proper scrutiny can lead to unforeseen consequences that have lasting effects on your organization’s success. That’s where contract review comes in; it is a powerful tool to mitigate risks and ensure favorable outcomes for everyone involved. Here, The…
An Update on the Enforceability of Non-Competes in Florida and the US
In recent years, there has been a concerted nationwide push to reevaluate the enforceability of non-compete agreements in the US. Just this year, the Federal Trade Commission proposed a ban on non-competes, and the National Labor Relations Board’s General Counsel published a memo arguing that they violate the National Labor Relations Act. The push…
Understanding the IRS Moratorium on ERC Claims
The IRS has announced it will stop processing new Employee Retention Credit (or ERC) claims. But why has it ordered this moratorium? And how will it impact existing claims? The knowledgeable attorneys at The Frazer Firm are here to provide you with all the information you need to know! What is the ERC…
Limitation Clauses: A Business Owner’s Guide
Even the most carefully managed businesses face legal risks that could potentially lead to significant financial losses. As an astute entrepreneur, finding ways to minimize liability should be at the top of your priority list. One powerful tool in achieving this goal is through the use of limitation of liability clauses. Here, we discuss…
Shield Your Company: The Hidden Value of a Business Lawyer
In the fast-paced world of business, entrepreneurs often find themselves wearing multiple hats to cut costs and maximize profits. As a result, legal matters may be pushed to the wayside, with hopes of saving money by attempting to also represent themselves as business lawyers. However, there are times that waiting to hire an experienced…
How to Avoid a Commercial Loan Default & Foreclosure Litigation
When running a business, taking out a commercial real estate loan can be a necessary step to achieve financial stability and growth. However, there may come a time when repaying the loan on time becomes challenging and the possibility of defaulting arises. In such cases, foreclosure litigation is likely to follow, which can be…