You’ve recently launched your new company and so far things are going well. You seem to have a good team of employees around you and the business is managing to turn a profit. A lawsuit is something that could change all of this. Litigation tends to cost both time and...
Month: May 2022
Understanding the role of a silent partner in your business
Most everyone has heard the term “silent partner.” However, it’s important to understand what their role is in a business and how that role needs to be detailed in a partnership agreement. Basically, a silent partner is a person whose role is to invest capital in the...
What provisions should you include in an employment contract?
A new job offer is usually an exciting event for both the employer and the employee alike. To the employer, a new recruit means bringing in new talent that will, hopefully, boost the organization’s output. And to the employee, a job offer is an opportunity to take up...
Are you sure you’re reading your business contracts correctly?
Contracts are often the backbone of Fort Lauderdale businesses, but they can be hard to comprehend. Those without a legal background generally find contracts uninteresting but a necessary part of the business world. You might not be able to cultivate more interest in...
What should you look for in a business partner?
You're going to start a business with a partner, but you haven't decided exactly who you want to choose. You just know that you don't want to start it on your own, so you're trying to decide who would help your business be the most successful. To do this, it's...
