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Tag Archives: Boca Raton Business Lawyers

Single Member LLCs in Florida

By Larry E. Bray, P.A. |

As an entrepreneur, there comes a time when you need to form a separate legal entity for your business. This is crucial when your enterprise needs to incur debt to grow or when you offer personal services that could lead to legal liability. Creating a separate entity can protect you from being personally liable… Read More »

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How Partnerships Get Started

By Larry E. Bray, P.A. |

A partnership can mean many things. The term may be used loosely for individuals planning a project together or who work closely within an existing business. However, a partnership can also be a formal business entity. A binding partnership agreement can be entered into by two or more people, corporations, or limited liability companies… Read More »

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Factors That Signal It Is Time to Form a Business Entity

By Larry E. Bray, P.A. |

Whether you own a tech startup, a clothing boutique or a small café, there comes a time when you have to figure out if you should keep running the business yourself or form a corporation or limited liability company. Many small businesses start out as a sole proprietorship and the owner does a bulk… Read More »

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Passing on the Family Business

By Larry E. Bray, P.A. |

In starting a small business, some people have a long-term goal of making it the family business and passing it on to their children or other heirs upon death. Passing on the family business to heirs can be a challenging thing depending on how the business is structured, and expensive depending on how much… Read More »

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The Florida Franchise Misrepresentation Act

By Larry E. Bray, P.A. |

The Florida Franchise Misrepresentation Act was enacted in 1971 as a criminal statute, and addressed some longstanding issues in the area of business law. Since then, the act has been amended to create a private right of action when someone selling or establishing a franchise makes certain misrepresentations to the franchisee. Thus, the act… Read More »

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Business Succession Plans

By Larry E. Bray, P.A. |

Family businesses are integral to our economy. About 90 percent of all businesses in the United States are owned or controlled by families. Often, though, a family business does not survive its founder’s death. About two thirds fail when the original owner dies or retires, and a significant amount do not survive a second… Read More »

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The Importance of Franchise Agreements

By Larry E. Bray, P.A. |

A franchise is an arrangement in which the a franchisor grants the rights to its franchise to the franchisee, who sells products or services in accordance with the franchisor’s specifications. Franchises are common in fast food restaurants, convenience stores, hotels, gas stations, etc. What Is a Franchise? The definition of a franchise in Florida… Read More »

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Understanding the Statute of Limitations in Business Disputes

By Larry E. Bray, P.A. |

“I’ll see you in court!” “You’ll be hearing from my attorney!” “I’m going to sue the pants off you!” If you’ve ever been involved in an emotionally charged business dispute, you’ve probably heard those words. Maybe you even uttered them yourself, frustrated over a broken promise, an underhanded business tactic, or a genuine misunderstanding…. Read More »

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Buying or Selling a Medical Practice: Long Live Marcus Welby, M.D.

By Larry E. Bray, P.A. |

Robert Young wasn’t a real doctor, but he played one on TV. Americans of a certain age will remember Young as a kind-hearted physician named Marcus Welby, the lead character on the 1970s television series “Marcus Welby, M.D. Dr. Welby shared his medical office with a younger physician named Dr. Kiley, who presumably would… Read More »

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