There are a lot of companies that invest significant resources in building their operational process, client list and other assets valuable company assets that fall into the category of trade secrets. They wouldn’t want to do anything that would result in these...
The Daytona Law Blog
Is your goal to sell your business?
Most new business owners have long-term goals that will keep them involved with that company. They want it to grow, they want to create something that matches a specific vision or they just want to create a sustainable income source. For others, though, the entire...
Can you force your business partner to leave the company?
Your business partnership just isn’t working. Your partner is holding you back -- and holding the company back. Can you force them out? The first thing to consider is whether or not you have a partnership agreement or an operating agreement. If you do, it should...
Breaches of warranties and broken contracts: What’s the difference?
Many different types of contractual disputes may arise between companies and the individuals or entities that they serve. Breaches of warranties and contracts are two distinct allegations that can arise when something goes wrong -- but they're not the same thing....
Common reasons why business partnerships fail
You and one of your colleagues have decided to leave your employer and start your own company. Or, maybe you and your best friend from college have a great idea and are starting your own business. Whatever the situation, if you’re like a lot of business partners, you...
Creating an employee handbook can protect you from litigation
Your business doesn't need to have multiple locations or hundreds of workers to benefit from an employee handbook. You only need to have a handful of workers to make the creation of a handbook a worthwhile endeavor. Every new staff member you hire increases the amount...
Prevent the problem of scope creep before it arises
As a responsible business owner, you always have one eye on your bottom line. But lately, one of your projects keeps eroding your profit margin due to the problem of scope creep. While you are committed to keeping your clients happy, you realize that you must draw a...
How is intellectual property handled in a partnership?
Partnerships often start out when two or more people realize that they have a similar vision. They seek to bring something individually and collectively to the table that can move a company toward that shared vision. In some cases, one partner might have intellectual...
Can you fire your business partner?
You still like your business partner, and the two of you get along, but it’s just become clear that they are not the right person for the job. You made a mistake when you launched the business, and now you want to cut them loose and either run the company on your own...
What does unfair competition mean in the business world?
Those who own and operate a company in Florida have worked hard to create a thriving business. When another party resorts to fraudulent business activities, your company may begin to suffer. In the business world, this is called unfair competition. Essentially, unfair...
