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4 Elements to Include in a Service Agreement

For a service provider, there are risks associated with beginning a new client relationship. If you take payment upfront, the client may demand more work than should be included in the price. If you wait to be paid after the work is provided, the client may refuse to pay. Owners of service businesses should notice this and realize that a Service Agreement can establish your rights and responsibilities extremely 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

Winding Up: 5 Steps to Close a Business in Florida

A viable business earns at least three times its costs, and is not tied to a high-performing individual. If a business stops producing enough revenue to make it worthwhile to continue, an owner has no choice but to close. Much like forming a new corporate entity, closing, or "winding up" has specific requirements to ensure that the ownership will not be responsible for the business's obligations. Here are five steps 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

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

Business.com cites Jane Muir on “How to Turn Your Struggling Startup Around”

Bennett Conlin wrote an article for Business.com, citing Jane Muir on August 28, 2018. "Taking your startup from the brink of failure to a place of growth takes planning and help from others. Learn how to build your business up from a low point. When your startup struggles, it can be demoralizing. You turned your great idea into a business, and now it's barely staying above water. You're scrambling daily to pay the Read More

Synergy Startup Accelerator Selects Jane Muir for Panel Counsel

We are pleased to announce that SYNERGY, a Connecticut-based consultancy for startup companies and entrepreneurs seeking to grow their businesses, has selected our firm to assist the businesses in its new Accelerator with their legal needs. The SYNERGY team offers guidance in the fields of technology, marketing and early stage funding and offer entrepreneurs support that they need. Specifically, they consult on Read More

New Corporate Entities for Florida

Brand New Corporate Entities for Florida: Benefit and Social Purpose Corporations As of July 1, 2014, Florida became a member of the growing minority of states that has designed a special type of for-profit company that can have a purpose other than maximizing profits for the shareholders – the traditional corporate goal. Instead, companies can choose to make less money or defer profit to devote a portion of their Read More