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With the enactment of the Corporate Transparency Act (CTA) and the Beneficial Ownership Information (BOI) Reporting requirement, U.S. companies now face new federal reporting obligations. This legislation, which went into effect on January 1, 2024, mandates that...
Business partnerships may start out on the most promising of terms, but often sour as the honeymoon phase ends and reality sets in. If you are thinking about going into business with a partner, keeping a few tips in mind can help you build a thriving business while...
Signing a formal contract with a supplier, a client or an employee helps clarify your relationship and expectations. Being explicit about what you want, what you will pay or what you expect from the other party is crucial to getting what you pay for in business....
If you’re thinking about starting a business, then you’ve got a lot of important decisions to make. Of course, you’ll have to figure out the products or services you will offer to consumers, how to obtain a decent market share, secure supply chains, hire personnel,...
When it comes to protecting your small business and livelihood, prevention can go a long way. Anticipating the types of problems that can potentially arise and figuring out how to address them ahead of time can save you substantial time and stress, and one way you can...
When you want to open your own business in Florida, you will need to figure out what type of business structure you want to create before doing so. Different business structures offer different benefits and drawbacks, so you need to consider many things before...
Starting a business is an exciting experience. There is nothing quite like the feeling of purpose, determination and fulfillment of entrepreneurship. However, there is plenty of room for legal issues to arise during the startup phase of your company. You should not...
If you own a consulting business in Naples located in a small commercial building where you are one of four or more tenants, you are not alone. It is not uncommon for such business to have a quarter-to-quarter lease. When this lease expires, if you have not vacated...
Handshake agreements, also known as "gentlemen's agreements," occur when two or more parties come to an understanding and each agrees to provide the other with a service. There is no paperwork. Instead, both parties merely shake on it and hope the other party will...
The services that nonprofit organizations render to society are priceless. Personal circumstance may inspire you to start your own to make a difference in the world. You may have a praiseworthy cause and lots of passion, but there is one thing you have to remember:...