A franchise can be an excellent business opportunity, if handled correctly and the franchise candidate can bolster the brand. But effective franchising, like other relationships, requires that the franchisor and franchisee are a good match. Be selective The wrong...
When deciding to form a business in Florida, there are several options available. The most common business entities are corporations, limited liability companies, partnerships and sole proprietorships. Corporations and LLCs A corporation is an independent entity that...
Many entrepreneurs decide to own a franchise because they believe that it is a pathway to success. But like other business decisions, franchising has advantages and disadvantages that must be considered in seeking and granting a franchise Franchise defined A franchise...
Business owners may have heard the term fiduciary duty, but may not know how it applies to their business. A fiduciary duty exists when one party has an obligation to act in the best interests of another party. In a business context, a breach of fiduciary duty may...
Most people have seen a copyright symbol on their favorite book, music recording, computer program or photo. Copyrights give the author or creator of the work exclusive rights over his or her original work. Copyright protections and disputes Copyrights can protect a...
Businesses invest time and resources into their employees and products. A non-compete agreement is one method to protect this investment. These are contracts that prevent employees from taking part in markets or professions that may directly complete with their...
A trademark protects brand names and logos used on goods and services. There is helpful information available about the trademark application process through the United States Patent and Trademark Office (USPTO). The first step is to select a trademark. A trademark...
The best laid business plans and agreements can become unraveled. But contracts can help protect businesses against the unexpected with a well-drafted force majeure clause. Force majeure clause Translated from the French, the term force majeure means greater force....
When parties have a business dispute, they may immediately think about going to court to resolve the issue. However, in Florida mediation is available as an alternative and there is helpful information available to help parties decide if it is the right option for...
Those who are business owners in the Tampa owner may know how important a business plan is. For those who haven’t created one yet or who are thinking about starting a business, a business plan is a crucial step. There are many reasons why a business plan is necessary....
