You imagine being in your business partnership for the long haul. If your personal or business relationship with your partner goes wrong, one or both of you may want the relationship to end. To avoid litigation issues later, here are a few things to know about...
Success Go Hand-In-Hand
Common-sense tips to avoid litigation
Assuming that you are running a successful business, litigation is all but inevitable. Additionally, there are some times when litigation is unavoidable. However, smart business owners also know that litigation should be a last resort. Taking a case to court is very...
How can you negotiate sustainable business transactions?
Business relationships that last have a foundation of communication and strategic negotiation. Understanding how to negotiate sustainable transactions will enable you to approach new opportunities with enthusiasm and confidence. With a consistent history of rewarding...
Lawsuits for trade libel and commercial disparagement
Most Floridians know that they can bring a defamation claim against an individual who makes a libelous or slanderous statement harming their reputation. But do the same laws apply to businesses in the Sunshine State? As the Florida Bar Association explains, Florida...
5 elements to include in an effective employment contract
Your employees are important assets for your business, and you want to make new hires welcome. It is in your best interests and theirs to ensure they know what to expect when joining your company and an employment contract is a good starting point. Here are five basic...
What are arbitration and mediation?
Sometimes it is necessary for a business owner to litigate, but not always. Generally speaking, it is best practice to exhaust all other avenues before going to court. Instead of litigation, some business owners turn to mediation or arbitration to solve disputes....
Preparing to negotiate an advantageous contract for your business
Negotiating business contracts may cause you a lot of stress as you try to arrange a functional agreement without giving up too many of your desires. Understanding how to confidently and carefully approach negotiations may enable you to effectively communicate your...
The dangers of do-it-yourself estate planning
The desire to "do things yourself" is a genuine phenomenon. The internet is full of videos explaining how to perform simple repairs to teaching you how to do electrical work. There's even a DIY cable network. However, there's a significant gap in watching a tutorial...
Protecting intellectual property with an NDA
Perhaps the most integral part of any company's success is its intellectual property. This information, often classified, has many uses including to strategize, create unique products and services, and maintain relevance and competitiveness in the ever-changing world...
What are the benefits of structuring as an LLC?
As a business owner just starting out, one of the most important decisions you will face is deciding how to structure your company. The formation type you select may affect everything from how and how much you pay in taxes to your personal liability. While some...