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How To Resolve Business Shareholder Disputes

In Florida, we are currently in a season heavy on business disputes across all kinds of fields and business structures. Whether they are disputes between partners in a partnership, shareholders in a corporation, or members in an LLC, business disputes can be disruptive, expensive, and potentially destructive. Resolving them as quickly and as efficiently as possible should be of paramount importance to any business Read More

Florida LLC Operating Agreement: PDF Sample Template, Info & Help

Florida recognizes the limited liability company (LLC) as a business entity that you can establish for benefits distinct from sole proprietorships and other corporate forms. The benefits of a florida llc operating agreement are twofold – LLCs avoid the double taxation of corporations while creating a liability shield and asset protection for the owners. Naturally, the LLC is a popular business entity choice for Read More

Non Compete Agreement Florida Law (Are These Clauses Legally Enforceable?)

People and businesses regularly obtain sensitive information through various deals and commercial relationships. A Florida noncompete agreement is a standard contract that can protect a business's confidential information by preventing others from engaging in conduct that competes with your business. This article provides a general understanding of noncompete agreement Florida law, and answers to other common Read More

How to Dissolve an LLC in Florida: Closing a Business Properly!

The day may come when it is time to close your Florida limited liability company (LLC). Whatever the reason for ending an LLC, careful attention should be made to ensure dissolution is done correctly. Florida has a series of laws that – in conjunction with your operating agreement – govern how to dissolve an LLC in Florida. The business of closing your business involves several administrative steps and coordinating Read More

Non Disclosure Agreement Florida: NDA Template & Confidentiality Guide

People and businesses regularly obtain sensitive information through various deals and commercial relationships. A nondisclosure agreement (NDA) is a standard contract that can protect intellectual property and business information by preventing others who have access to the information from sharing it. In this article, you’ll learn more about NDAs and find answers to common questions about how these agreements work, Read More

What Is a Shareholder Agreement & What Needs to Be In It?

Small businesses and startups are no strangers to official documents. From a corporation's articles to bylaws – there are dozens of legally binding papers that are drafted, voted on, and signed. One document that should not be forgotten is a shareholder agreement, which protects the rights and shares of the owners in a company. Thankfully, there are hosts of lawyers and attorneys familiar with public policy ready to Read More

Mutual, Common & Unilateral Mistake In Contract Law (With Examples)

Crafting a contract is a complex task. It involves using specific wording, up-to-date knowledge of common laws, and material facts. One small slip and one or both parties might end up with a misrepresentation of the terms in a contract. These misunderstandings are referred to as a mistake in contract law. We are going to explore what types of mistakes are common in Florida contract law and Read More

What Is Breach Of Contract? Definition, Examples & Types Of Breach

You likely enter a business contract with another party for mutually beneficial purposes. You anticipate that everyone will perform under the agreement for a successful business relationship. However, this does not always happen. A party’s breach of contract can take different forms, depending on the facts. Furthermore, a contract breach can have consequences both big and small.  You can read more Read More

State of Florida Contract Law Statutes: Is 3 Day Contract Cancellation Valid For You?

While many public policies and statutes are written by the national government, often individual states have their own variations of the law. If you want to create a legally binding contract, you need to meet with lawyers from your state to learn the rules and regulations for Florida contract law. Not only should you learn the rules for creating contracts that protect your physical and intellectual property, but you Read More

What Are The Elements Of A Contract? 6 Basic & Essential Parts

Contracts are an important part of your business. A good business contract will account for the risks of a business deal and provide mutual understanding and security for its parties. You may rely more heavily on your legal counsel when it comes to the theoretical and practical elements of a contract. However, knowledge of these parts can give you a better understanding of the complexities of Florida contract law. A Read More