As a business owner, you will need vendors to supply goods or services to operate your business effectively. This means that you need to maintain a dependable business relationship. One of the best ways to do this is to establish a vendor agreement. A vendor agreement...
Business Law
Everything in small business should be bound by contract
The times when Americans could open a shop and operate it as they saw fit have faded away. Now, just about everything involved in running a business occurs atop a sturdy legal contract. And there is a good reason for that. What did the nation learn from the...
3 examples of unfair competition that could hurt your company
Competition is essential for capitalism to work. People compete for resources and offer competing goods and services to consumers. Competition drives innovation and helps keep prices fair. A competing business can help you energize your workforce and push you to try...
When can you legally refuse to serve a customer?
As a business owner, when do you have the right to refuse service to a customer? It’s gotten a lot more complicated than the “No Shirt, No Shoes, No Service” days. It’s your business, and you want to serve every customer who walks through the door, but don’t you have...
A closer look at non-compete agreements in Florida
Protecting trade secrets has been a key priority of Florida corporations for a considerable period of time. One way that businesses have been able to do this is through non-compete agreements. Often, these contractual instruments were reserved for specialized...
Avoid these 3 mistakes in your new business
Starting a business is one of the most rewarding things you may ever experience, especially when your endeavor is successful. However, it takes careful thought to build, open and grow a new business. Fortunately, this is a good time to consider starting a new...
Be cautious of noncompete agreements: Know what you’re signing
Employers often have employees sign non-compete agreements, because it’s one way to guarantee that those employees won’t leave and join another company with information that could impact their businesses. As an employee, you may wonder if you have to sign an agreement...
An employee guidebook protects your new business from risk
There are many details and legal concerns that a new business owner has to address as they start a company. Many of these issues can be addressed one at a time with solutions changing and evolving as the business grows. Other issues demand appropriate attention from...
Why even the best of friends need a strong partnership agreement
You and your best buddy from college have a great idea for a fledgling business. The two of you are great friends and want to go into business together and start making money. You’ve never had a disagreement, let alone a full-blown argument. There’s no real need to...
Why is it important to have a partnership agreement?
Many people in the Fort Lauderdale area go into business with others who have similar dreams and ambitions. Oftentimes, business partners are trusted family members or long-time friends. In these circumstances, a South Florida entrepreneur may wonder whether she...