Posts Tagged ‘legal mistakes’
Buy-Sell Provisions: What Happens During the Business Break-Up?
When a business partner decides to leave a company or entity, it may bring about some challenges and complexities. This decision could affect how the organization flows and the finances of the remaining partners. That’s why Buy-Sell Provisions are crucial. These are legal agreements designed to set guidelines and potential outcomes for such situations. In…
Read MoreHow to Prepare for Business Litigation
If you are a Florida business owner, you likely feel nervous about the idea of business litigation. That’s only natural. After all, your company is not just your income; it’s likely your proudest accomplishment after years of hard work. However, you need to remember that preparation for corporate litigation should be an essential part of…
Read MoreAvoiding a Breach: Understanding Fiduciary Duties and Responsibilities
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,…
Read MoreWays 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…
Read MoreDoes My Business Need to Hire an Attorney?
Small business owners are faced with many decisions every day on how to run and handle their business. As an entrepreneur, the last thing any business owner wants to focus on is legal tasks, issues, paperwork, and especially legal negotiations or lawsuits. After all, owners should be handling the day-to-day operations of their business,…
Read MoreCommon Legal Mistakes by Small Business Owners
Few things require as much dedication and commitment as running a business. Ask just about any successful entrepreneur and he or she should be able to attest to this fact. This is because operating a business involves so many moving parts, and these many moving parts tend to keep moving constantly. Businesses need tax and…
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