Navigate the complexities of Non-Disclosure Agreements (NDAs) and understand their duration to safeguard your business secrets effectively. Key Takeaways Non-disclosure agreements or NDAs have become a common tool in business. But not everyone is clear on how and when to use them. In particular, even individuals who have signed NDAs may be unsure of how long they last and...
Specific performance of a contract is a type of remedy that you would ask for when the other party breaches a contract. When you ask for specific performance, you are asking that the court order the parties to proceed as planned under the contract. Courts order specific performance in select circumstances—for instance, where the goods are irreplaceable or truly...
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...
Your business’s intellectual property (IP) can be its most valuable asset. Customers buy your patented gadget because it is one of a kind. Buyers look for your trademarked logo because they trust your products to be high quality. Or maybe you create books or music or video games, in which case your copyrights are vital to your financial success....
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...
As a Florida landowner, you want to be able to use your property for what you want. However, zoning laws often get in the way. Zoning laws are local rules that place limits on what property owners can do with their land. These laws can be very helpful to landowners by preventing things like factory owners attempting to set...
Florida entrepreneurs know that residents and tourists alike love the nightlife. This means that Florida bars and restaurants typically have to serve alcohol to keep up with the tastes and demands of their clientele. Business owners, therefore, try to invest in lucrative liquor licenses. These licenses allow you to sell beer, wine, and hard liquor. The type of license...