One of the reasons Florida entrepreneurs merge with or acquire another business is to gain access to a lucrative inventory. Even if gaining ownership of inventory is not your prime goal, checking out the inventory of the business you want to buy is important....
Month: October 2019
When one partner leaves: Developing an exit strategy
In any Florida company with more than one owner, it may be reasonable to expect that one partner will withdraw from the business before the other. Whether it is because of poor health, unexpected family issues, retirement, a dispute between partners or some other...
Key considerations before selling a company
A business owner planning to sell a privately held Florida company may come up against a number of different types of matters: legal, human resource-related, financial, business and intellectual property-related, to name a few. Per Forbes, here are some factors to...
What business owners need to know about commercial leases
Commercial leases and residential leases are considerably different. A business owner looking for a new location in Florida needs to be prepared to identify the type of lease and to negotiate terms. Per Forbes, here are the four basic types of commercial leases: Net...
The differences between independent contractors and employees
Any time someone goes to work for a company in Florida, the relationship between the worker and the employer needs to be clearly defined. According to Chron.com, misclassifying a worker could lead to legal trouble for the employer. Identifying employees When a company...
