Since the establishment of the American Arbitration Association in 1926, arbitration has steadily grown more popular. Businesses and employers favor arbitration over litigation because of its potential to save costs and remain confidential. Arbitration in Florida is following this trend, especially for businesses and employers. You’d be hard-pressed to find a commercial or employment contract that doesn’t have an...
Businesses rely on trademarked logos and names to build a profitable brand. When another company sells counterfeit or otherwise infringing products to generate income that rightfully belongs to the trademark owner, it can quickly cut into profits. Low-quality infringing products can also be harmful because they damage the trademarked brand’s reputation. BrewerLong represents business owners and focuses on building...
In a perfect world, all companies would reach their full potential, and no business partners would ever split. Unfortunately, in the real world, business partners often need to seek a corporate divorce for a variety of reasons. If you find that you are one of the many Florida entrepreneurs looking for a business divorce attorney as you separate or...
As a Florida entrepreneur, becoming part of a franchise may be a no-brainer in taking your business to the next level. Whether you choose to develop a franchise network of your own or you become a franchisee, franchising can be a lucrative opportunity for Florida business owners. However, the reality of following the franchise roadmap to the pot of...
Circumstances in life can change instantly, leaving your family business hanging in the balance. To survive and succeed, you should have a business succession plan in place. Estate planning for your family business is about preparing for continuity and future ownership when situations like an illness or sudden death occur. Unfortunately, only 34% of family businesses have a concrete...
At some point, business success can cause good problems. For example, when your business has expanded into another state, this is a good “problem” to have! But it does raise some questions, like, Can I live in one state and own a business in another? You may also choose to live in one state but operate your business out...
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. As a business owner or officer, you know that...
The good news is you are reading this because you have given serious thought to the legal form of your business. The law offers multiple entity options through which you can operate your business, and choosing the right one now will help you avoid a disruptive and costly conversion in the future. The bad news is that the classic...
The vast majority of business owners use either a corporation or limited liability company (LLC) as the vehicle to operate their business. Because both corporations and LLC extend limited liability and are separate from their owners, they are good business choices. However, business trusts, although a lesser-known option, are an equally good choice. Business trusts fill some unique needs...
Not so long ago, the go-to model for businesses was the corporation, and more specifically the C corporation. Savvy business owners may have elected the S corporation to add the pass-through tax benefits of a partnership to the limited liability of corporations. These days the go-to business model is the limited liability company (LLC). It unites a partnership-like tax...