We are here to help you deal with legal issues
involving your family or your business.
We are here to help you deal with legal issues
involving your family or your business.
Classifying Workers in Hillsborough County, Florida
Independent Contractor vs. Employee: Classifying Workers in Hillsborough County, Florida Properly classifying workers in Hillsborough County is critically important for all business owners. Misclassifying an employee as an independent contractor, or vice versa can lead to severe legal and financial liabilities. This article will outline the key differences between both types of workers. Thompson Law is available to help you classify your workers correctly. Control and Direction One key factor in determining worker classification is how much control you have over the worker. An employee is normally under the direct control and supervision of their employer. Independent contractors have much [...]
Wage and Hour Law Compliance: A Must for Hillsborough
Wage and Hour Law Compliance: A Must for Hillsborough County Businesses Understanding and maintaining wage and hour law compliance is a critical part of doing business in Hillsborough County. These laws govern how employers pay their workers and manage working hours. Failure to adhere to these laws can result in significant financial and legal issues for your business. Thompson Law can help your business stay compliant with all local and federal laws. Minimum Wage Requirements Both the state of Florida and the federal government have laws regarding minimum wage. It is essential that you fully understand both of these requirements. [...]
Americans with Disabilities Act in Hillsborough County Employment
Navigating the Americans with Disabilities Act in Hillsborough County Employment Understanding how to navigate the Americans with Disabilities Act (ADA) in Hillsborough County is essential for all employers. The ADA is a federal law that protects the rights of individuals with disabilities, covering various aspects of employment such as hiring, accommodations, and daily work activities. As a comprehensive piece of legislation, it requires a thorough understanding to ensure compliance. Thompson Law can help you navigate these critical compliance requirements in Hillsborough County. Reasonable Accommodations One of the core requirements of the ADA is the provision of reasonable accommodations. This means [...]
Restrictive Covenants in Employment Agreements: Florida’s Laws
Understanding Florida's Laws on Restrictive Covenants in Employment Agreements Navigating restrictive covenants in employment agreements is crucial for both employers and employees in Florida. These clauses, often included in employment contracts, aim to protect a company's interests, such as its trade secrets, confidential business information, and substantial relationships with specific customers. However, they must also comply with Florida law to be legally enforceable. Thompson Law can help you understand all aspects of these agreements and what they mean to you. What are Restrictive Covenants? Restrictive covenants, often called non-compete agreements or non-solicitation agreements, are contractual terms that limit an employee's [...]
Buying or Selling a Business in Hillsborough County, FL
Key Considerations When Buying or Selling a Business in Hillsborough County, Florida Navigating the complexities of buying or selling a business in Hillsborough County, Florida will require careful planning and a solid understanding of applicable laws. These transactions can be incredibly complex, and will involve a large number of legal and financial steps. This article will provide a guide to some of the key things to consider during this process. Thompson Law can help you understand all of the elements of these complex transitions. Due Diligence The process of Due Diligence is a very critical piece of both buying or [...]
Business Dissolution in Hillsborough County: In and Out
The Ins and Outs of Business Dissolution in Hillsborough County, Florida Understanding the process of business dissolution in Hillsborough County is essential for owners considering closing their business. Business dissolution is the formal process of ending a company's existence. This can be a complex process with many legal and financial consequences. This article will provide important information on this topic. Thompson Law can help guide you through the difficulties of closing your business. Voluntary Dissolution The most common type of business dissolution is a voluntary dissolution. This happens when the business owners decide to end the business. This is also [...]
Business Succession Planning Basics for Hillsborough County
Business Succession Planning Basics: Ensuring Your Hillsborough County Business Lives On Another essential for any business owner in Hillsborough County is business succession planning. Regardless of the size of your business, these plans are a vital part of long-term success. A solid plan that outlines the future direction of the business is critically important. This article will discuss the key elements of succession planning. Thompson Law has helped many business owners plan for the future. Identifying Your Successor The first step in any business succession planning is to identify who the successor of the business will be. This can be [...]
Minimizing Liability with Insurance Strategies: Hillsborough Businesses
Minimizing Liability with Insurance Strategies for Your Hillsborough County Business Understanding how to focus on minimizing liability with insurance strategies is critical for every business owner in Hillsborough County. Insurance is a key element in the overall risk management plan for all businesses. Proper insurance coverage can protect a business from financial loss due to unexpected events, lawsuits, and other risks. Thompson Law can advise you on the legal ramifications of these types of issues. General Liability Insurance General liability insurance can cover a very broad array of claims for things such as bodily injury and property damage. This is [...]
Protecting Trade Secrets: A Business Owner’s Guide
Protecting Trade Secrets: A Hillsborough County Business Owner's Guide Understanding the importance of protecting trade secrets is vital for any business owner in Hillsborough County. Trade secrets are proprietary information that give your company a competitive advantage. This sensitive information is critical for your business to maintain success. This guide will give you basic information on how to protect your trade secrets. Thompson Law is here to assist you in the protection of all of your company assets. What are Trade Secrets? Trade secrets consist of formulas, designs, processes, or other confidential information. This type of information can be extremely [...]
Protecting Your Company Assets During a Partnership Dispute
Protecting Your Company Assets During a Partnership Dispute in Hillsborough Understanding how to protect your company assets during a partnership dispute is a key issue for all business owners in Hillsborough County. Partnership disputes unfortunately do occur and can lead to major problems if you are not adequately prepared. This article will outline the main steps that need to be taken to protect your business in these challenging situations. Thompson Law is available to assist you in your time of need. Assess Your Assets The first step involves identifying and assessing all of your company assets. This will include both [...]
The Impact of Florida’s Statute of Frauds on Business Contracts
The Impact of Florida's Statute of Frauds on Business Contracts Understanding the impact of Florida's statute of frauds is very important for all businesses that operate in the state. The statute of frauds is a legal requirement that forces certain types of contracts to be in writing to be considered valid. Failing to understand this can cause major legal headaches and problems. Thompson Law is available to assist you with any business contract questions. Contracts That Must Be in Writing Florida's statute of frauds specifies several kinds of contracts that must be in writing to hold up in court. These [...]
Resolving Contract Disputes Through Mediation in Hillsborough
Resolving Contract Disputes Through Mediation in Hillsborough County Resolving contract disputes through mediation is an increasingly popular method for businesses in Hillsborough County to resolve their legal issues. Mediation is a form of alternative dispute resolution. This means that you are using a neutral third party instead of the court system. This alternative approach has gained significant traction in recent years due to its numerous benefits and high success rate in resolving disputes efficiently. This article will help explain how mediation can help resolve business disputes. Thompson Law can assist you with all types of dispute resolutions, including mediation, arbitration, [...]
Florida’s Business Opportunity Rule: Before You Invest
Florida's Business Opportunity Rule: What You Need to Know Before You Invest Understanding Florida's business opportunity rule is critical for all prospective investors in the state. This rule protects those who are interested in purchasing a business or joining in a business opportunity. It sets forth guidelines and ensures transparency to help buyers make informed decisions. Thompson Law can help ensure that you are following all of the regulations. What is a Business Opportunity? A business opportunity is defined in Florida law as the sale of a product, service, or plan that will enable a purchaser to begin a business. [...]
Understanding Indemnification Clauses in Hillsborough County
Understanding Indemnification Clauses in Hillsborough County Business Contracts Understanding indemnification clauses is crucial for any business owner entering into contracts in Hillsborough County. These clauses address potential liabilities and protect businesses from financial losses. This article provides a guide on what indemnification clauses are, and why you need to understand them in your business contracts. Thompson Law can help you with all of your business contract questions. With the rise of complex business transactions, it is becoming increasingly essential to grasp the concept of indemnification and its implications on your company's financial well-being. What is an Indemnification Clause? An indemnification [...]
Debt Collection for Businesses in Hillsborough County
Debt Collection for Businesses in Hillsborough County: A Legal Overview Knowing how debt collection for businesses works is important for maintaining good cash flow. In Hillsborough County and everywhere else it is common for companies to deal with clients that do not pay their bills. It is very important to know the proper methods for collecting debts, while also following all of the applicable laws. Thompson Law has experts ready to help you navigate these complex issues. Initial Steps in Debt Collection The initial steps for collecting any debt should be non-aggressive. A thorough review of all outstanding debts and [...]
How to Handle a Business Dispute in Hillsborough County
How to Handle a Business Dispute in Hillsborough County: A Guide Navigating a business dispute in Hillsborough County can be a challenging and complex experience for anyone. Business disputes can range from breach of contract to partnership disagreements, and they should be handled with care. This article will provide essential guidance on how to navigate these difficult times. Thompson Law is available to help you with all of your business matters. Identify and Assess the Dispute The first key step is to understand exactly what the underlying issue is. Document all of the situations that have brought you to this [...]
Understanding the Difference Between Arbitration and Litigation
Understanding the Difference Between Arbitration and Litigation in Florida The difference between arbitration and litigation is crucial to understand when facing a business dispute in Florida. While both processes are used to resolve conflicts, they are very different. This article will delve into these differences and guide you toward a path that suits your unique business needs. Thompson Law is available to assist you in any of these types of dispute resolution. What is Litigation? Litigation is the process of resolving disputes through the court system. It involves filing a lawsuit, going through discovery, and potentially proceeding to a trial. [...]
The Benefits of Mediation for Business Disputes
The Benefits of Mediation for Business Disputes in Hillsborough County, FL Mediation for business disputes in Hillsborough County is a highly effective alternative to traditional litigation. Mediation is a structured negotiation process that utilizes a neutral third party to facilitate a resolution between the parties involved. It is a great way to find solutions without the time and expense of a lawsuit. Thompson Law can help advise you of all of your dispute resolution options and guide you through the mediation process. What is Mediation? Mediation is a voluntary process where a trained third-party neutral helps both sides of a [...]
The Importance of Business Entity Formation for Tax Purposes
The Importance of Business Entity Formation for Tax Purposes in Hillsborough County Understanding the importance of business entity formation for tax purposes is critical for businesses in Hillsborough County. The legal structure of your business significantly impacts how you are taxed, which can affect your overall profitability and compliance. This article will discuss the different options available to businesses in Hillsborough County, highlighting the advantages and disadvantages of each. Thompson Law is available to help you choose the correct business structure and ensure that you are in compliance with all tax laws and regulations. Sole Proprietorship and Taxes A sole [...]
Registering a Business with the State of Florida
Registering a Business with the State of Florida: A Step-by-Step Guide Registering a business with the State of Florida is an essential step for any new business operating in the state. Proper business registration provides you with legal standing and ensures compliance with state regulations, protecting your business from potential risks and liabilities. This article will provide a step-by-step guide for registering your company in Florida. Thompson Law is available to assist you if you have any questions or concerns about the registration process. Step 1: Choose Your Business Structure Before registering, you will need to choose the correct legal [...]
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Call 813-699-4103 for a Free Initial Consultation.
Talk To An Attorney Today.
Call 813-699-4103 for a Free Initial Consultation.
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