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4 Tips for Responding to a Request for Proposal

When a company is interested in using your services or buying a commodity or asset from you, you will typically be presented with a Request for Proposal (RFP).[1] This document, as its name suggests, is used to solicit a proposal from you, often through a bidding process. Formal requests for proposals identify the goods or services requested, describe the qualifications sought in a provider, and establish a plan Read More

Do You Need a Privacy Policy for Your Website?

The short answer to this question is yes. Everyone with a website needs a privacy policy. No matter what kind of business you are, you need a privacy policy. Even if you don’t sell any items on your website, you still need it. In this blog, we explain why. [1] It’s the Law There are privacy laws around the world that state that if you collect information on your visitors, you must notify them that you are doing Read More

Common Legal Mistakes to Avoid in Nonprofit Management

Even though nonprofit organizations do wonderful work for communities, they are not exempt from legal requirements.[1] Just like all businesses, nonprofits have to follow strict rules that govern how they operate and act. There are questions that an attorney can answer, like “What does ‘non-profit’ mean?” “How do you start a nonprofit?” or “What rules do nonprofits have to follow?” It is important to ask these Read More

5 Benefits of Performing a Company Audit

An annual legal audit of your company might not be on the top of your to-do list, but it should be. They are an important protective measure to ensure that your business runs smoothly. Here are the top five benefits of performing a legal company audit. Confirm that your entity is correctly and legally established. When you legally audit your company, one of the first areas you should examine is your corporate Read More

Are You in Compliance? 6 Reasons Why It Matters

With all of the rules and regulations established by local, state and federal government, it can be a challenge for a business to remain compliant with the law. Regulations are constantly changing, so it can be difficult to stay up-to-date on how you are supposed to operate. Even if you are well aware of the rules that apply to your business, you have to make sure that your vendors and staff are following proper Read More

4 Consequences of Picking the Wrong Business Entity

What could go wrong? One of the first important decisions you will make when forming a new business is which business entity is right for you. With so many choices, it can be a challenge to understand which form of entity is right for you. In their enthusiasm for the new business, some business owners may rush to decision without spending the time researching their options. Making the wrong decision can impact Read More

How to Dissolve a Partnership in Florida

Deciding to dissolve a Partnership in Florida may be a disappointing decision. Before you take any steps toward dissolution, you must decide if one partner wants to take over the business after the other partner leaves or if the business should be completely dissolved. Even if your business is completely dissolved, there is still the opportunity for either business partner to create a similar business under a Read More

5 Myths About Business General Counsel

When starting a business, finding a great business lawyer may not be on the top of your to-do list. Perhaps you have heard, maybe even believed, some common myths when it comes to retaining ongoing legal service for your company. Here are the top five myths about business general counsel. “Having a lawyer” will make me look untrustworthy to others. There is no stigma associated with having an attorney to consult. Read More

Elements to Include in Your Corporate Bylaws

If you are founding an entity with multiple investors or partners, bylaws are an important step in the organization of the business. It is important for the bylaws to be very thorough, because the bylaws will inform everyone involved of their rights and responsibilities and how disputes will be resolved. Here are the top five elements that you will want to include in your corporate bylaws. 1. Statement of Read More