In the business world, we can’t always do it alone. Forming business partnerships provides greater potential and possibilities, sourcing skills, insight, and capital from a variety of individuals instead of trying to put it all together on our own. This, of course, comes with some added risk – bringing partners into the fold means relying on more individuals to uphold their responsibilities. Being attentive, Read More

Deciding the best structure for your business or professional project will dictate how the government looks at your work. Different structures come with different financial and tax benefits, incentives, and costs. In working with Florida businesses, we see some professionals often get partnerships and joint ventures mixed up. There are distinct differences that set the two apart. Knowing these differences will not Read More

Noncompete clauses have received significant attention in recent months. Employers use these as a means to protect trade secrets and keep employees from negotiating with competitors. Employees agree to these clauses, often in exchange for stronger roles, pay, and benefits. With the FTC’s proposed rule to ban noncompete clauses and a bipartisan bill considering the same, some believe these clauses could soon be a Read More

When starting a Florida business, it makes sense to get all the important details down in writing. This cuts out the gray area and provides peace of mind to business partners as they focus on growing what they’ve built. But, what about situations where businesses or business partners have not put pen to paper regarding certain business matters? There have been conversations and handshake agreements, but are those Read More

People are often surprised to find out that an oral contract can be legally enforceable, as we discussed earlier this month. In simple terms, the agreements can be enforced if both parties fully understand and agree to the terms – but there are exceptions. In Florida, there are some types of contracts that must be in writing in order to be legally enforceable. Aligning your agreements with the standards we discuss Read More

Business partnership disputes happen. We never enter into an agreement or relationship hoping it ever reaches that point, but people make mistakes and change their minds all the time. This can lead to rifts between business partners that eventually lead to litigation. As a business partner in a Florida limited liability company (LLC), understanding your rights prepares you for the possibility of litigation down the Read More

At Bryant Taylor Law, we are putting an emphasis on the potential nationwide elimination of non-compete clauses this month. The changes would eliminate all future and current non-compete clauses. This change would limit the ability of businesses to protect certain internal practices, procedures, and information, but there are still legal avenues to do this even without non-compete clauses. Certain aspects of your Read More

Business owners in Florida often use noncompete clauses to ensure their best and brightest employees don’t walk over to competing businesses, taking important information and practices with them. These clauses are a tool to secure the long-term success of your organization. These contractual agreements, however, may soon be null and void. The Federal Trade Commission (FTC) is proposing a new rule that would ban Read More

Florida business owners may soon face a crossroads when it comes to retaining employees through the use of noncompete clauses or terms that operate in the same spirit of noncompete clauses. With the Federal Trade Commission (FTC) proposing a rule, there may soon be a mass exodus of employees who are seeking other employment with your competition or who are attempting to leverage this change for higher wages or more Read More

Investing in Florida rental properties can provide you with a second source of income or even allow you to build a portfolio large enough to become a full-time landlord. Keeping a steady flow of income means keeping your properties occupied, though. The process of turning over a property from one tenant to the next will take some time, but the actions of the former tenant may impact what this looks like. Cleaning Read More