When a business venture reaches its natural end or a company decides to wind down its operations, you may need to consider dissolving your Florida Limited Liability Company (LLC). Dissolving an LLC in Florida typically involves three main steps. First, you must confirm the dissolution process under your LLC’s organizing documents. Then, you will need to settle any of...
In Florida, verbal business agreements are generally legally binding but can be more challenging to enforce and prove than written agreements. If you are a Florida business owner, you know some deals are best done with a firm word and a strong handshake. However, you should also know the laws on verbal business agreements to ensure these contracts are...
Starting a new business is a stressful, time-consuming process. Even seasoned entrepreneurs understand that no company will be guaranteed success. However, Forbes reports that working with a business partner can increase your chances of success. A partner might bring experience, professional contacts, or much-needed funding. Nevertheless, you need to ask your partner the right questions to make sure they...
Dissolving an international business from a different country requires careful consideration of your business’s legal, financial, and operational position and the business regulations of the country where you are operating. The process can also vary depending on your business entity’s bylaws or operating agreement, the laws of your home country, and the foreign jurisdiction where your business operates. Dissolving...
Many entrepreneurs in the United States dream of growing an international business. Taking your talents overseas lets you tap into new markets, increase revenue, and build a strong reputation. But expanding a business outside the U.S. is no easy feat. Making just one mistake can ruin your growth plans. Worse, a misstep could end your domestic business activities altogether....
Closing a Florida business can be complex and challenging, especially when trying to do it from out of state. You must notify shareholders and employees about the closure and tell the Florida Secretary of State about your business’s dissolution. You will also need to handle a variety of administrative, tax, and legal tasks. This can feel very complex for...
When entering a commercial lease for a property in Florida, it is essential to understand the contractual relationship you are entering into fully. Part 1 of the Florida Landlord and Tenant Act governs commercial leases. Florida strictly enforces these leases and does not give tenants as easy a way out as some other states. Landlords, too, have a great...
Many entrepreneurs are surprised to learn you can protect a generic brand name through trademark registration. However, these situations are limited and generally require the help of a skilled trademark attorney to register the mark successfully. Nonetheless, if you operate a business—especially an internet-based company—with a generic brand name like Apples-and-bananas dot com, you may be able to obtain...
“¡Yo quiero Taco Tuesday!” At least, that’s what Taco Bell wanted when it asked U.S. trademark regulators to determine whether Wyoming-based taco chain Taco John’s claim of exclusive ownership over the term “Taco Tuesday” was valid. The fast-food giant claimed the term was in common use despite Taco John’s having been granted exclusive use of “Taco Tuesday” nearly 40...
Whether it is your first time signing a commercial lease or your hundredth, entering such an impactful contract requires dedication and careful consideration. It is absolutely essential to make sure that every i is dotted and every t is crossed. The last thing you would want is to find out you can’t enforce the lease when you need to....