Losing your business partner can be tough, both for the business and for you personally. While general partnerships confront the death of a business partner all the time, that is no comfort when it happens to you. One of the most important things to do if your business partner passes away is to take time to mourn and recover....
Business is booming in Florida. According to the United States Census Bureau, new business applications are up 4.3% year over year as of October 2022. Most of these applications were for the formation of small and medium-sized businesses. If you have plans to start your own business in Florida, there is no better time than now. Coming up with...
A strong partnership is great for business. Unfortunately, sometimes splitting up is the best decision business partners can make. When partners have incompatible visions for the future of their business, moving forward can be difficult. A buyout allows one partner to cash out on their contributions to the company while giving the other partners complete control. Though often the...
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...