The Daytona Law Blog

Can your company benefit from having a board?

Most people associate boards of directors with large, publicly owned corporations. However, a private company of any size and structure might also benefit from having a board. Note that a board of directors isn’t the same as an advisory board.  It’s crucial to...

Reasons why so many small businesses fail

Entrepreneurship isn’t for the weak, that’s for sure. A lot of new businesses never make it off the ground. Others stumble along for a few years, only to fold before they ever reach maturity. In fact, roughly 70% of small businesses will never see their tenth...

3 steps to help you enforce your partnership contract

Entering into a partnership to start a business with another person can be a life-altering choice. Obviously, drafting a thorough contract is in both of your best interests.  Unfortunately, not everyone who signs a contract will uphold their end of the agreement. What...