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A business partnership involves at least two partners, although it can be more. The nature of the partnership will depend on the contractual agreement. Nonetheless, whatever structure the partnership takes, all business partners are fiduciaries. This means that they...
Mergers and acquisitions are common in many industries, but they’re always highly unsettling to the employees of the companies involved. Some employees “jump ship” at the first sign of a transition, believing that they need to get out before their job is declared...
Contracts are written agreements that the parties reaching an accord sign. While the law in Florida does allow people to enforce verbal agreements, written contracts are the gold standard for businesses. Companies hoping to enforce a contract or hold someone...
It is easy to get tired of all the paperwork that comes with running a business. Hence, you may be tempted to take a more casual attitude to working with certain people you believe you can rely on without the need for a formal contract. That could be a mistake. One of...