Ser & Associates Blog
Acquisitions: Due Diligence
One way to grow your business is through acquiring another business. It can quickly increase your customer base, extend your geographic reach, and/or expand your products/services.
Copyright and The Rise of AI Technology: A New Challenge in Protecting Your Intellectual Property?
A copyright can protect every business owner, regardless of size or gross revenue. From a complex computer program to a descriptive slogan, any business could benefit from the security granted by copyright law.
The NLRB’s Ruling on Severance Agreement Provisions and Its Impact on Small Businesses
As a small business owner, chances are you are not familiar with the National Labor Relations Board (NLRB), the federal agency that enforces labor laws related to collective bargaining (i.e., unions).
FTC’s Proposed “Blanket Ban” on Non-Compete Clauses: Why Every Small Business Owner Should Be Concerned!
Non-compete agreements are a key tool used by many small businesses to protect their interests and investments. The Federal Trade Commission (FTC) is in the process of implementing a rule that would ban all non-compete contracts between employers and employees nationwide.
Doing Business In Florida as an Out-of-State Business
Before you can expand your business into another state, you must ensure your business is authorized to conduct business in that state, since most states require corporations and limited liability companies from other states (often referred to as “foreign” corporation/limited liability companies) to register before conducting business within the state.
Avoid These Common Overtime Mistakes
Not paying a few dollars of overtime can end up costing your business thousands of dollars. As such, it is very important for you and your business to understand the Fair Labor Standards Act (“FLSA”) and who is and who is not entitled to overtime pay.
The Three Keys to Growing Your Business Through Franchising
Franchising is an efficient and cost-effective way to build your business. At its core, franchising is selling the use of your brand to someone else. There are two key components that create value for your potential franchisee; a recognized brand and a business model that can be easily replicated. Here are the key initial steps you need to take if you are considering growing your business through franchising.
3 Types of Commercial Leases
Entering into a lease is a huge step for any business, as it provides great opportunity to grow your business. However, lease agreements are a long-term commitment and can cost you and your business a significant amount of money. Understanding the financial...
Don’t Neglect the Boilerplate: Three Important Provisions for Every Contract
Each business transaction is unique. The parties, the circumstances, the industry: all combine to create a unique set of circumstances for the transaction. And, the contract signed by the parties should be tailored to the specifics of the transaction. However, there...
Corporation or LLC? Selecting the Right Entity for Your Business
When starting a new business there are many things to take care of and decisions to make. One of the most important decisions, but sometimes overlooked, is which type of business entity to use for your business. The two most common business entities are corporations...
The Four Stages of Buying or Selling a Business
The sale of a business can be a mutually gratifying experience for all parties. A buyer has the opportunity to grow their current business or start a new venture without the need to build everything from scratch, and the seller has the opportunity to cash-out on the...
Overtime Pay: Salaried Does Not Mean Exempt
A common misconception many small business owners have is that if an employee is paid a salary (instead of by the hour), the business does not have to pay the employee overtime. This is a critical mistake that can get you and your business into significant trouble. ...