Whether you are a business owner or a consumer, there are some simple steps you can take to avoid litigation. First, regardless of who you are, when dealing with other businesses, customers, or providers of service, one should always investigate the person/company with whom you are dealing. It is certainly easy enough to google...
Why You Should Have an Attorney Review Your Lease
Business owners, especially those first starting out, are certainly capable of reviewing leases provided by a prospective landlord. They usually feel that there is no point in having an attorney review the lease and attempt to negotiate the terms, believing that the landlord will not be amenable to changes. That is definitely not true. ...
How to Get Along With Your Business Partner
It is quite common for someone starting a business venture, to do so with a partner, who will be sharing the responsibilities and obligations. Other times, one will start a business and then decide at a later point that having a partner would be desirable. Either way, it is imperative at the outset that...
The Basics of Staring Your Own Business
Embarking on a new business enterprise is indeed exciting. While it is tempting to move quickly to build the business, it is imperative that the owner/operator take care of certain details early on. Doing so will help to ensure eventual success.
After initially setting up the corporation or limited liability company, it is important...
Should I Start a Business in Florida?
Using the Limited Liability Company for Real Estate Ownership
When a client owns real estate, whether it be commercial or residential, held for investment and/or for income producing purposes, it is critical that the owner be cognizant of the liability issues involved. Clearly, if a tenant or the tenant's employees, customers or guests are injured on the premises, the injured party will not...
The Secret to Successfully Negotiating a Contract
It is part of the operation of most businesses to become involved in contract negotiation. Even if you are in a type of business where contracts are not utilized for customers or clients, it is inevitable that when purchasing products or services you will be...
Dissolution of a Partnership: Drafting the Agreement
It is not uncommon for one or more of the partners in a partnership to decide that they no longer want to be involved in the business and, thus, seek the consent of the others to withdraw. Hopefully, the partners entered into a well drafted partnership agreement at the outset, setting for the procedure...
Four Simple Tips on Preparing an Effective Contract
Regardless of the type of business one has, some type of contract is usually required for one's dealings with customers, suppliers, and the like.
First, the exact quantity and quality of goods to be provided must be set forth clearly, along with the price. The quantity and price are essential terms which must...
Partnership Agreements: The Essentials
As with corporations, when two or more people form a partnership or limited liability company, it is imperative that they enter into a partnership agreement, setting forth some very essential elements of their relationship. Doing so will go a long way toward avoiding confrontations down the road.
One important item to include in a partnership...