There are many directions a company can take to expand its operations. Often, two companies opt to combine into one legal entity, joining forces. This is commonly referred to as a merger. Done properly, a merger offers potential advantages through pooled resources and...
Business transactions can be fruitful but it’s important to remember that they are never risk-free. Fortunately, business owners can mitigate the risk involved in business transactions by carrying out due diligence. What types of due diligence should business owners...
Purchasing a new business or selling an existing one are major decisions. However, if the time is right, both moves can be very rewarding. One thing you’ll need to consider is the existence of any binding legal contracts that affect whatever businesses are involved in...
Establishing a new business can be challenging yet very exciting. You may have found the perfect location in Florida and identified a gap in the market that you know you can fill. With so much to do, it can be easy to overlook the legal components of your business,...
They're breaching their contract! He’s wrongfully competing with me! She’s using my confidential documents! How do I get them to stop? You can hear these cries for help from business owners every day. Running a business exposes you to all kinds of challenges from...
As a business owner, you cannot afford to spend your days in fear of being sued or subpoenaed. You need to get on with running your company. That does not mean you can avoid the possibility of being sued, however. A lawsuit can rear its ugly head when you least...
Has your business been served with a subpoena? These legal documents are court orders that require action on your part. The subpoena may direct you to show up at a certain location to submit to questioning or produce certain documents. The information it asks for may...
Successful businesses typically start with an idea. You may have found a niche in the market and can offer the product or service to fill it. Nonetheless, there is a more formal side to business formation and operations that cannot be ignored. Verbal agreements are...
The corporate world is notoriously competitive, and as a business owner, you need to garner any possible advantage. A top priority for you is likely safeguarding your investments and intellectual property from getting into the hands of competitors. One tool that has...
Business partnerships often require trust, communication and mutual respect to thrive. However, some relationships can turn toxic, with one partner employing manipulative tactics such as gaslighting. Originating from a 1938 play called "Gas Light," gaslighting refers...
