On the surface, forming a nonprofit organization may appear to be identical to starting a small business. However, as you learn more about the process, you will find that there are several unique steps you need to take. Rather than make a mistake upfront that can cost...
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Are noncompete agreements facing extinction?
The business world is always evolving. Business owners are always looking for new ways to better ensure their enterprise is successful. Some new practices work out well, others do not. One such innovation in recent years was a growing reliance on noncompete...
Small businesses need an operating agreement with a succession plan
Question: Under Florida law, if a member of my limited liability company dies, what are my rights if we did not have an operating agreement? Answer: This question demonstrates the importance of establishing an operating agreement for your business that includes the...