Boynton Beach Legal Blog
Advantages and Disadvantages of Noncompete Agreements
The three most valuable assets of any business include the employees, customer relationships, and trade secrets. A noncompete agreement can be an effective way to protect these assets. When the right circumstances are present, and when drafted and implemented...
The Difference between an Independent Contractor and Employee
The difference between an independent contractor and employee may seem insignificant and subtle, but the fact is, it can have serious legal and tax consequences for your business. As a result, it is crucial that you get to know the difference in these two things. It...
Why are Buy-Sell Agreements so Important?
An important, yet often overlooked situation by business partners is the possibility of a co-owner eventually separating from the business. This may be voluntary or involuntary; however, it is a situation that must be considered. The Need for the Buy-Sell Agreement In...
Things to Consider When Trying to Get Solid Business Agreements
Running a small business can be a very tough job. As your business begins to expand, you will start to forge a variety of new partnerships. In order to protect yourself and the people you are partnering with, you will need to find a way to make solid business...
These Contract Mistakes May Cost You Significantly in the Business World
Contracts are the lifeblood of any business. They are often used to stipulate a variety of different relationships in the business world, including that between employer and employee, vendor and business, and even between business partners. Every contract, however, is...
How to Protect Yourself in Your New Business Partnership
When a partnership works well, it can be an exciting opportunity to start and grow a business with someone that you love working with. In many different situations, partners will come together in order to establish and grow a business. Sometimes these partners have...
Top Reasons Why Your Company Needs a Buy-Sell Agreement
As any business owner knows, disputes within a partnership or even a bigger business can be a significant roadblock to success. In fact, these can even distract company owners and managers from being able to accomplish business goals and achieve targets on time. These...
Is Your Business Vulnerable to Data Theft?
Over the past couple of years, huge companies like Target, Sony Pictures, and Home Depot have made the news after suffering massive cyberattacks that compromised customers’ private information and cost millions in recovery expenses. Experts warn these types of attacks...
The Most Common Contract Disputes Likely to Lead to Business Litigation
Unfortunately, far too many business owners don’t realize the importance of a proper contract until it’s too late. The reality is that the more time and effort you put into structuring your contracts now, the less likely you are to wind up in business litigation later...
What to Do If You Are in a Partnership Dispute
Although it might have been an exciting and agreeable time when you decided to work with a partner to establish a business or another kind of venture, this partnership or relationship can deteriorate over time and evolve into a serious partnership dispute. A...