Most entrepreneurs in Ormond Beach and Daytona Beach, Florida, understand that a time may come when they need to expand. For example, if your business activities appear to have no forward growth, you may benefit from expanding your company to encourage more sales....
Business owners often have to enter into contracts with other businesses. Because these are legal agreements, it’s imperative that you have everything in order when you’re ready to sign one. You must take the time to ensure that the contract reflects what you’re...
Sometimes parties get into a contract, only to find out at some point that things aren't working out the way they expected. There are some circumstances in which you may be able to terminate and rescind the contractual agreement. Whether you're able to terminate the...
The internet has brought new and varied ways for people to infringe on your intellectual property (IP) that didn’t exist a few decades ago. Most people who infringe on IP belonging to others do so for their own profit. In some cases, it’s solely to harm the other...
When you start a business with someone else, you share a similar vision. Together, you work to make that vision a reality. Each person has strengths that they can bring to the company to help it grow and become profitable. Despite how well you and your partner get...
Offering shares in your company can be essential to raise the capital you need to grow. Yet, doing so can come at a heavy price. As soon as you have shareholders, you can no longer run the company however you want. You have a responsibility toward them in exchange for...
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...
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...
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...
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....