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When filing for bankruptcy in the state of Florida, there are a number of exemptions available to help a business stay afloat and pay off creditors. These exemptions include the Homestead Exemption, Personal Property Exemption, Motor Vehicle Exemption, and Wildcard...
Are you a business owner in the franchise industry? If so, it’s important to understand the concept of franchise encroachment and how it can affect your business. In essence, franchise encroachment occurs when a franchisor deliberately invades a franchisee’s territory...
Starting a franchise in Florida is a great way to enter the business world. You receive the franchisor's business assistance and expertise alongside brand recognition, buying power, a built-in customer base, and minimized risks. But a franchise comes with unique...
As a business owner, facing involuntary bankruptcy can be a terrifying prospect. It's important to know what steps creditors can take to force your business into bankruptcy and how to prevent it from happening in the first place. What is involuntary bankruptcy?...
In a commercial lease agreement, a "force majeure" clause or an exculpatory clause can protect either party in the event of an unpredictable circumstance. Since both clauses are designed to provide protection by limiting liability in commercial real estate...
The Sale of Business Opportunities Act is a Florida law that regulates how businesses are sold. It requires that any corporations selling businesses register with the state and submit disclosure documents detailing the risks associated with their investment. The...