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Small Businesses And The Problem With Checks

Business Law

Small Businesses And The Problem With Checks

According to survey results released earlier this year by SunTrust Bank, 73 percent of all businesses experience actual or attempted fraud. The most common type of fraud perpetrated against small business is still the bad, handwritten check. Checks, according to Manuel Perdomo, the chairman, president and CEO of SunTrust Bank South Florida, constitute “an open […]

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An Overview of The Department of Labor’s New Overtime Rule

The federal law that guarantees fair hours and wages is the Fair Labor Standards Act (FLSA). The FLSA created the 40-hour week, rukes for overtime, and the minimum wage. It became law in 1938 after some employers exploited the circumstances of the Great Depression to impose dangerous conditions and long hours on workers. In 2016,

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Ten Important Tips For Florida Landlords

“Florida has a lot of opportunities for landlords,” according to Rick Drew, market leader for the Miami division of the property management company Renters Warehouse. If you’re a landlord in central Florida, you already know those opportunities entail some considerable legal obligations. Failure to meet all of those obligations can land you in court – unnecessarily

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Informal Agreements VS. Formal Contracts

What is the difference between an agreement and a contract? If you own a small business, you need to be precise about the distinction. An “agreement” is simply any arrangement or understanding between two or more parties about their rights and responsibilities to each other. These kinds of arrangements may be “gentlemen’s agreements,” where the agreement

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Infographic – How To Start An LLC In Florida?

Starting a new business in the state of Florida can be an exciting time in an individual’s life, but it also requires hard work and dedication. This infographic explores and illustrates the four essential steps necessary to start an LLC in Florida beginning with naming your LLC and ending with creating an operating agreement. If you

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