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Tag Archives: Boca Raton Business Law Attorney

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What You Need to Know About Being a Sole Proprietor

By Larry E. Bray, P.A. |

You are legally entitled to run a business and make money (or suffer losses) as an individual. This is simply known as a sole proprietorship. You can make products and sell them or offer personal services for a price without forming a separate legal entity like a corporation or limited liability company (LLC). There… Read More »

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The Basics of an S Corporation

By Larry E. Bray, P.A. |

When you are thinking of forming your business, you will probably hear about an S corporation and wonder how it differs from any other type of corporation. Unlike an LLC or partnership, an S Corporation is not its own unique type of entity. It is actually a type of tax election a small corporation… Read More »

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Basic Business Evaluation Methods

By Larry E. Bray, P.A. |

There are numerous scenarios in which you will want or need to value your business. You could be interested in taking out a loan to expand, you may be going public, or you may even be selling. All of these opportunities and others require you to know what your business is worth. There is… Read More »

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Contract Basics for New Business People

By Larry E. Bray, P.A. |

It can take time as a business owner to fully understand contracts. The definition is relatively simple. A contract is a mutually understood agreement that contains an offer for a service or a product, an acceptance of that offer, and consideration from each party giving the other a service, payment or deposit. Contracts seem… Read More »

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Legal Issues Arise for Franchise Owners with Employee Contracts

By Larry E. Bray, P.A. |

One of the benefits of owning a business franchise is the sense of entrepreneurship in operating your own enterprise while still having a ready-made support system from the franchisor’s corporate office. Company headquarters typically provides franchisees with a whole business plan for operating the venture in line with the company’s national standards as part… Read More »

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