This week, the Federal Trade Commission banned the future use of non-compete agreements and clauses. Crucially, it also renders most non-compete agreements and clauses existing on or before the effective date of such ruling unenforceable; unless, however, such...
Accurate advice. Cost-effective solutions.
Business Law
Are you up to speed on the Corporate Transparency Act?
A helpful guide for business owners navigating the newly enforced Corporate Transparency Act (CTA) and BOI reporting.
Is your child ready to take over your business?
For many, starting and growing a family business is part of achieving the American dream. In fact, according to Grand Valley State University, there are roughly 5.5 million family businesses in the U.S. If yours is one of them, passing your venture onto your child can...
Solidify your company with a partnership agreement
Starting a new business is an exciting time for every entrepreneur. However, you and your business partner cannot foresee everything that will happen over the lifetime of your company. A partnership agreement can help ensure that the two of you are on the same page...
What is a mediator’s role in mediation?
Getting into a dispute with a business partner can often feel like the end of the road. But you do not necessarily have to burn those bridges or cut those ties, especially if you avoid litigation. Mediation is one way to do so. And if you opt for this, you will soon...
Should you make an LLC?
When deciding what structure you want your business to fall under, you should give equal weight to the benefits and potential drawbacks that each type can potentially bring to your table. Limited liability companies (LLCs) prove an ever-popular option, especially for...
What are other means of resolving disputes?
As a business owner, your most important growth assets are your ties to other businesses. Burning bridges in the business world can do more than just haunt you: it can actively hurt you. So how do you avoid that? One of the best things you can do is figure out a...
Do narcissists make good business partners?
Succeeding in business often requires working with others who have different strengths. After all, while you may have a brilliant invention or business model, you may be short on capital or managerial skills. Finding the right business partner is an effective way to...
What are contract requirements?
Business owners may want to work with partners or vendors. Either way, they need contracts to help keep everyone on the same page and protect their rights. Chron explains a business contract's most essential elements. Knowing what belongs on an agreement saves time...
Does a Florida startup face legal requirements?
Launching a small business could represent a dramatic step in someone's life. Successful entrepreneurs might discover that their new enterprise provides a source of wealth and freedom, and setting up the company properly helps achieve those outcomes. Florida...