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…

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Understanding Limited Liability for Business Owners in Florida

Why Your Business Needs a Legal Audit

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…

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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…

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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…

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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…

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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…

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Avoiding a Breach: Understanding Fiduciary Duties and Responsibilities

business law lawyer Kent Frazer, Tampa Florida, The Frazer Firm

As a business owner or executive, it is critical to understand your fiduciary responsibilities. A fiduciary duty is the legal obligation to act in the best interest of another party, and it applies to a wide range of business relationships arising from ownership of business as a shareholder, member, or partner, and as an employer,…

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