Business Law

Layoffs are sometimes a necessity. A company that has been growing and expanding may see a reduction in sales, perhaps due to an economic recession. The only way to keep the company in the black is to trim the workforce. A layoff helps to reduce costs so that the...

Contracts are agreements between parties that outline the terms and conditions of their interactions or transactions. When one party fails to fulfill its obligations as stated in the contract, it results in a breach of contract. A breach can lead to various...

Business partnerships can be extremely advantageous, but if they are not set up correctly, conflicts will more than likely arise. Having a thought-out and thorough partnership agreement is one way to cover important aspects of the relationship, which improves clarity...

Whether moving toward retirement, making a professional change or for any other number of reasons, you may decide to sell your interests in a business. Owning the company yourself or with a group of other owners, selling marks a substantial step with ranging details...

Most business partners disagree occasionally, but a healthy working relationship means you can resolve your differences amicably. However, disagreements and disputes are not the only symptoms of a deteriorating partnership. These are signs that your Fort Lauderdale...

For those companies in Florida about to enter into contract negotiations with a new client, a number of different factors merit consideration. One that few many deem necessary to ponder is the potential for terminating the contract prematurely. Many might consider...

Business is all about weighing risks and rewards. Forming a partnership can be a great way to pool resources and reap massive rewards, but there is always the risk that things can turn sour. You might find that you need to exit your partnership if profits do not meet...

Many business owners are very attached to their company. This is understandable, as they have likely put a lot of effort into it over the years. However, while an owner may feel attached to their business, there can still be situations when it is best for them to walk...

Businesses use non-disclosure agreements (NDAs) to protect valuable proprietary information from others. They are often provided to new hires to ensure they maintain secrecy when it comes to trade secrets and intellectual property. They can also benefit businesses in...

Mergers and acquisitions often create improved businesses. The new enterprise may have a much stronger position in the marketplace than either of the two preexisting companies. Before closing a transaction, however, business owners could benefit from due diligence and...