Running a business in Florida means more than selling products or services. You must also follow important employment laws. These rules protect workers and guide you on how to hire, manage and let people go. When you know the basics, you can avoid costly mistakes....
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Business Law
Fiduciary duties in Florida HOAs: Key rules for owners and boards
Florida law requires Homeowners Association (HOA) board members to follow fiduciary duties similar to those of corporate directors. This means acting in good faith with care and in the best interests of the community as a whole. Board members cannot make decisions...
3 contract inclusions that can help to protect employers
Finding an ideal candidate for a vacant position is an exciting moment. The right marketing professional or salesperson can have a dramatic impact on a company's profit margins. However, employees also create liability for organizations. They may not fulfill their...
Different ways to alter a company’s structure
Your company's business registration depends on several factors, like its structure, size and growth plans. Many business owners think that registering the company once is all they need to do. However, there are times when you might need to change the registration for...
The role of succession planning in business resilience
In the ever-evolving business world, ensuring continuity and resilience is often paramount. Business succession planning is a strategic process that prepares a company for the future by identifying and developing new leaders who can replace old leaders when they...
Incorporating business succession into an estate plan
There are many retirees and current business owners in Florida. Estate planning is a discussion topic in many households. For those who own their own companies, it is worth adding business succession to the estate planning process. Sitting down as a family to talk...
Think carefully before signing a commercial lease agreement
If you own a business, you understand how difficult it can be to locate the right commercial property for your company. It can be tempting to sign a contract and move forward as quickly as possible once you find the right property within your budget. Whether you are...
Creating a fair balance of CAM fees in your lease
Whether you are well seasoned in renting commercial property or you are new to the process, you probably know that signing a lease without reading it carefully is asking for trouble. However, what happens if you read through your lease and still don’t understand every...
Factors to consider when negotiating a fair commercial lease
Commercial real estate is expensive, and it is not always easy for a Florida business to find property that suits its needs well. After locating the ideal property, it may be tempting to move forward quickly by just signing the lease as soon as possible, but this is...
What you need to know as a franchisee before signing a commercial lease
Becoming a franchisee can be a complicated process. It can be a costly one as well. One of the more expensive aspects of getting your business up and running is identifying and leasing commercial space. Finding the right place from which you can operate your business...
