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Is there a difference between a contract and an agreement?

Orange Bend, FL – While the terms “contract” and “agreement” are often used interchangeably in business, there is a difference between the two. Generally, before a contract is signed, an agreement must be made between two or more parties.…
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If a business in Florida is sued for trademark infringement, do they have to stop using the logo?

Harbor Shores, FL—When a trademark infringement lawsuit is filed, the party filing is not limited to only requesting damages (i.e. monetary relief) from the infringing party, but they can also ask the court to issue an order that prohibits…
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What damages can be recovered when suing for trademark infringement in Florida?

Eldorado, FL—A trademark is a symbol, logo, or even a phrase that is often used by businesses to distinguish themselves from competitors. Trademarks are considered property and can only be used by the party it belongs to. When another person…
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What is crowdfunding?

Slones Ridge, FL—New and established business owners are sometimes in need of additional funding to get their business up and running or to keep operations going. Whether it is because the business experienced a financial hardship or the company…
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What makes a contract binding in Florida?

Mascotte, FL—In order for a contract to be binding, or legally enforceable, it needs to contain the basic elements which include1: Mutual assent. Mutual assent is when all parties involved have come to an agreement on something which…
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Things to Consider Before Starting a Business in Paradise Heights, Florida

A large percentage of the people in the U.S. would prefer to work for themselves. Many would like the opportunity to start their own business, make their own hours, and possess control over how they generate income. While the desire is there…
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Things Business Owners in Florida Need to Consider Before Signing a Contract

Maitland, FL—Contracts are legally binding agreements made between two or more parties. Contracts outline the obligations of each party involved and should also address the repercussions each will face should they violate the terms outlined…
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What are some ways to fund a new business in Florida?

Yalaha, FL—Before an individual begins searching for funding to start their business, they first need to determine how much it is they are looking to acquire. Once this is done, they can then consider their options. According to the U.S. Small…
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Things New Business Owners Should Know Before Renting Commercial Property in Florida

Sunnyside, FL—Renting out commercial space is exciting, even if it is going to be utilized as a personal office. The fact is, commercial properties can be utilized for many different things. An individual might choose to operate a store out…
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How can a business owner in Florida safeguard themselves from a security breach?

Silver Lake, FL—Most, if not all of a business’s information is stored online these days. This includes the business’s personal information as well as consumer information. Given all of the sensitive data that is kept online, business…
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What is a promissory note?

Orlando, FL— A promissory note is “a written promise that one party will pay the other by a specified time.” While promissory notes are not quite the same as contracts, they do outline how much one party is giving to the other, how often…
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Things to Consider Before Taking Out a Business Loan

Orlando, FL—Business owners often find themselves in need of extra funds, whether it is to keep their business open and operating or to purchase additional inventory. No matter what the reason is, business owners seeking money often turn to…
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Should a Florida business owner hire a lawyer when signing a contract?

Orlando, FL—While it isn’t necessary for a business owner to hire a lawyer to help with the contract signing process, it can certainly benefit them in the long run to have a business law attorney review it with them. Anytime an individual…
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Pros and Cons to Starting a Sole Proprietorship in Florida

When an individual decides they want to start their own business, they need to figure out which structure they want to use. Those who are looking for a simpler structure that allows them to operate their business as an individual might consider…
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What if someone uses a symbol that is already trademarked by a business in the U.S.?

Orlando, FL—If someone uses a business’s symbol such as a logo that has already been trademarked in the U.S. without first receiving permission to do so, they may be guilty of trademark infringement. For instance, if the use of the trademark…
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What is a patent and who enforces patent grants in Florida?

Orlando, FL—A patent is something that is issued when an individual or company is looking to protect their invention from being made, used, sold, or imported into the U.S. by another person or entity.1 Patent grants are issued by the United…