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...
Month: September 2021
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...
2021 Amendments to Florida Condo and Homeowners’ Association Laws
Many significant changes to Chapters 718 and 720 of the Florida Statutes – which govern condominiums and homeowner’s associations in the State of Florida, respectively – became effective on July 1, 2021. This article provides highlights of some significant amendments...
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...