You pour your heart and soul into your local business, working long, stressful hours to ensure that you meet or exceed all your customers’ expectations. In exchange, you expect your customers to promptly pay your invoices. Most do, but occasionally one tries to avoid paying you what they owe. Do… LEARN MORE
While business partners start out with the best of intentions, sometimes disagreements arise. These disagreements could be caused by anything from a difference of opinion about how to best utilize resources to a breach of contract. To protect your business, it’s crucial to address major… LEARN MORE
Leasing a vehicle can seem straightforward until it’s time for the lease buyout. Many consumers find themselves facing unforeseen charges not outlined in their original lease agreement, such as inventory charges, lot fees, and inspection fees. These additional costs, often undisclosed… LEARN MORE
A contract is an essential business tool. If your business is like most, it relies on contracts to procure the materials you need as well as sell the final product or service that you offer. A valid contract must meet four key criteria: Each party must provide something of value to the other party.… LEARN MORE
In many fields, it’s common for an employer to offer employees compensation beyond their hourly or salaried rate. Many employees expect and rely on this bonus. If your employer decides not to pay a bonus this year, and you were counting on receiving this money, do you have any recourse? The… LEARN MORE
Launching a new business with a friend or coworker is an excellent way to leverage your joint talents and skills for financial gain. Even though you trust each other, it’s still a good idea to formalize your partnership in writing with a legal agreement. Taking the time to develop a formal… LEARN MORE
As a business owner, you have devoted years to building your business, including hiring, training, and retaining high-performing employees, building up a network of reliable suppliers, and cultivating relationships with customers. Regrettably, though, there can be employees, suppliers, or customers… LEARN MORE
As a business manager, you expect your vendors and customers to fulfill their end of the contracts that you make with them. If a supplier doesn’t deliver the materials that you were expecting, or a customer doesn’t pay for their order, your business suffers. When someone does not fulfill their… LEARN MORE
Florida recognizes many (but not all) verbal contracts. For a contract to be valid in Florida, it must contain the following elements: Both parties need to be of sound mind and have the capacity to agree to a contract. A minor cannot enter into a contract. The contract must be for a transaction… LEARN MORE
If you built a business with a trusted partner and then discovered they are stealing from you, the disbelief, anger, and betrayal can feel overwhelming. Once you recover from the initial shock, you need to act swiftly to protect yourself and your business. Your partner has a fiduciary duty to the… LEARN MORE