Every entrepreneur dreaming of starting a small business has their own goals and motivations. Some people want to be a boss and provide employment opportunities for others in their community. They want their children or grandchildren to take over when they retire....
Business Formation & Planning
3 key provisions to have in an independent contractor’s contract
Whenever you hire a third party to complete a specific task on a short-term basis, you need to draft a contract for them. Done right, this contract outlines the terms of engagement, each party’s responsibilities and entitlements as well as any other requirements. ...
What’s the best strategy for starting a business in Florida?
Starting a business is an exciting endeavor, but it requires careful planning and strategy to increase the chances of success. You’re in luck if you’re considering launching a business in Florida because the state is known for its thriving entrepreneurial ecosystem,...
What to include in your employee handbook
An employee handbook is, without a doubt, one of the most important assets in any company. Also known as a staff manual, an employee handbook articulates and communicates the organization’s policies. But what exactly does an employee handbook contain? Here are...
What is a sole proprietorship?
One of the first decisions you have to make when you open a business is what type of structure you’ll use. Many people choose a sole proprietorship. This is the easiest type to start, but there are some limitations you should know about. If you’re ready to open a...
The importance of drafting a business contract right
Business contracts are more than an exchange of goods and services. Contracts are all about details – every word, punctuation, sentence and paragraph constitutes how a contract is legally interpreted. A mutually beneficial legal document can help form relationships...
3 things to consider before entering a business partnership
A lot of people end up in business with someone without enough thought. Maybe they were already friends, or perhaps circumstances just threw them together. Yet, the success of your business will depend on the success of your partnership. Human relationships can be...
Mistakes to avoid when buying a franchise
Purchasing a franchise offers several benefits for hopeful entrepreneurs. For example, franchises come with proven business models that provide the resources and support new owners need to increase their potential for success. However, buying into a franchise isn’t...
Can you change your business structure after you open your doors?
Starting a business is an exciting process. Whether you are venturing out on your own, with a partner or forming a corporation, one of the first decisions you must make is the type of structure for your business. Unfortunately, when things are still early in the life...
Changing your business structure after starting the company
Starting a business means making a lot of decisions when things are still uncertain. You pick a name, commit to a commercial space and file business formation paperwork before you have much experience running the company. What you expect and what actually occurs may...