Succession Planning: Preserve Your Business

Whether your business has been in the family for generations, or you founded and built it from the ground up yourself, you likely want to keep it going after you retire or pass away. Of course, you want to ensure a smooth transition to the new leadership that you have chosen. That’s where succession planning…

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Ways For An Established Business To Limit Legal Risk

Every company faces legal risks, no matter its size or industry. To protect their businesses and assets, understanding risk and compliance is essential for owners and stakeholders. If your business is not compliant with official rules and regulations, you may find your company wrapped up in costly litigation.     Consequently, your organization will spend time…

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What We Can Learn From Elon Musk’s Twitter Buyout

In April, Elon Musk— famous for Telsa and SpaceX—shocked the world when he announced his intentions to buy Twitter for $44 billion. Twitter agreed to this decision, but shortly after, Musk got cold feet and attempted to back out of the agreement.    But on October 27, the deal was closed, and Musk became the…

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Three Bad Contract Habits Your Business Needs to Break

Over time, we can all build bad habits and not be as diligent as we should be to protect our largest assets. Having well-drafted contracts is an area where both new and established businesses need the guidance of experienced business counsel.        Contracts are important documents that can protect your business interests and help…

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Should You Form Your Business as a Florida Entity?

As you work through the process of starting a new business, you’ll have lots of difficult decisions to make. However, there are perhaps none more important than choosing the state in which you will incorporate your new entity.    There are many reasons to form a business in Florida, including:    Strong Corporate Veil   …

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Strategies to Negotiate Business Contracts

When you are starting a new business, having strong agreements is important.  Well-drafted agreements will protect you and your business in the event of a dispute or legal action. However, most contracts involve complex or nuanced issues that non-lawyers would not be aware of and it is important for non-lawyer business owners not to undertake…

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Rights of Partners in a Business Divorce

Are you planning to separate from your business partner? If so, it’s crucial for you to understand your rights before you begin the process.     The exact nature of your rights will depend on the structure of your business. However, they will typically include:    The Right to Access Essential Company Information    As a…

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