Buying a small business can be a rewarding way to grow your investment portfolio, expand existing services, or add your personal touch to a company you already love. Before you buy, understanding the legal landscape is crucial. Purchase agreements list the sale price, define liabilities, set out how to transfer assets, assign employee obligations, and determine your long-term rights....
Business succession planning is critical to protect a company’s future and enable it to thrive after leadership steps down or dies. If succession plans are unclear, incomplete, or absent, legal problems may arise as individuals try to decide how to manage the business going forward. When the reason for the transfer is the owner’s death, disputes may occur during...
Thinking about launching your own business in the Sunshine State? Whether eyeing the bustling streets of Orlando or a beachfront community along the Gulf, Florida is full of opportunity but also legal complexity. One of the first choices you’ll need to make is a franchise vs. an independent business structure. Should you ride the wave of a nationally recognized...
Starting or growing a business takes more than passion and a good idea. It takes capital. But choosing how to raise that capital isn’t always easy. If you’re deciding between giving up a share of your company or taking on a loan, you’re not alone. Many Florida business owners wonder what the right funding approach is for their business....
When someone creates an estate plan or trust document and names an executor or trustee, they expect that person to faithfully fulfill the obligations that role demands. But what if they abuse that responsibility? Can you sue an estate’s executor for a breach of fiduciary duty? What about a trustee? Depending on the circumstances, yes, you can. Suing an...
Part of undergoing the risk, work, and sacrifice of creating a business is hoping it is successful and endures past the owner’s lifetime. Business succession planning for business owners ensures a smooth transition of leadership and ownership, whether due to retirement, incapacity, or unforeseen circumstances. Without a clear succession plan in Florida, your business could face legal complications, financial...
As a Florida business owner, your brand is one of your most valuable assets. Protecting it ensures that your business stands out in a competitive marketplace. Trademark registration is one of the most effective ways to safeguard your brand identity. But what are some of the advantages to registering a trademark? Below, we discuss the top 10 benefits of...
Small business owners often worry about protecting their personal assets so they can confidently pursue their business ideas. Registering an LLC in Florida is one of the most effective ways to create a layer of protection between your business and your personal life. Our Orlando business lawyers team assists with all aspects of LLC registration, including preparing articles of...
Please note this blog post is written for employers, although we understand it may be of interest to employees as well. At this time, our firm only represents business owners and employers. If you need assistance with a legal matter as an employee, please consult a firm that represents employees. Almost all businesses will involve and contain certain confidential...
When a business or an individual has an idea that they want to protect from being used by others without their permission, it is best to seek legal protection of that intellectual property. So what are the different types of intellectual property, and how can an owner protect their rights? Today we look at the main types of intellectual...