Why Hire a Lawyer to Handle a Sports Contract?

While sports contracts are contracts, they are truly in a league of their own. Sports contracts are complex, high stakes, and contain many specific and unique terms. In addition to being a far cry from typical contract agreements, no two sports contracts are alike. They also generally involve huge sums of money. The negotiation of these contracts is competitive, and the specific terms can have a huge impact on the career trajectory and earning potential of an athlete. Additionally, sports contracts are generally prepared and negotiated by high-powered, highly experienced lawyers. As much as sports teams have an interest in...

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The Importance of a Partnership Agreement

If you are creating a business with someone, a partnership agreement may not be the first thing on your mind. In fact, often when people are starting businesses they seem to be in agreement on everything, which is great. It is important to recognize, though, that the longer you work together, the stronger each of your opinions will become and the harder it will be to reconcile them. For this reason, making a partnership agreement as soon as possible when starting a business will give you the best chance of starting on and building from the same page. Creating a...

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Benefits of Contract Drafting and Review for Small Businesses

If you are a new or small business owner, you may not be thinking much about contracts. Many new business owners believe that when they are just starting out, it is better to build informal relationships with suppliers and distributors. However, in reality, these informal agreements can cause a lot of ambiguity on both sides, which can result in major miscommunications and fallouts that threaten everything you have built. It is important to understand that contracts are like bricks when you are building your business. Having contracts properly drafted and reviewed helps you build a strong foundation with contractors, business...

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Black-Owned Businesses are Thriving in South Florida

You may be shocked to learn that only 2.2% of businesses in the United States have Black owners. While racial disparities exist nationwide, South Florida has been proving itself ripe for boosting Black-owned businesses. In fact, two of the nation’s top five best cities for Black business owners are located in South Florida — Pembroke Pines and Miramar. Both of these cities have a 3.11% Black-ownership rate, above the national average, and higher than the vast majority of the 129 cities assessed for the study.  Obstacles for Black-Owned Businesses  Studies have consistently shown that it is harder for Black business owners to...

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Florida S-Corp vs. LLC: Making the Right Choice for Your Business

An important step in any successful business is making it an official, legally recognized entity. There are a number of types of Florida businesses, including S-Corporations, which are technically not legal business entities, but rather, an elected tax status that essentially lets the IRS know to tax your business as a partnership. The best kind of business for you depends on a number of factors, such as the organization and nature of your business, the amount of liability you are comfortable with, and possible tax benefits and drawbacks.  Two of the most popular kinds of Florida businesses are S-Corporations (S-Corps) and...

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How Healthy is Your Attorney-Client Relationship?

Studies show that from doctors to massage therapists, trust in a person’s provider can have a massive impact on the overall experience and success of an endeavor. Patients who trust their doctors have a 30% higher success rate on average, compared to patients who are apathetic or distrustful of their medical care providers. It is no surprise then, that the healthiest relationship between an attorney and client will be one based in trust. So that begs the question, what exactly defines a healthy attorney-client relationship?  Feeling Seen and Supported in Your Legal Goals  Feeling seen means that you feel supported and can...

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Why Form a Florida Partnership?

If you are considering forming a partnership in Florida, or transitioning an existing business into a partnership, you may have a lot of concerns about how that will affect your overall business structure and bottom line, and whether the benefits outweigh the drawbacks. In reality, there is no one-size-fits-all answer. Whether a partnership is right for you and your business depends entirely on the goals you have and on your specific situation. There can be huge benefits associated with partnerships, as well as increased liability and other drawbacks.  Ultimately, only you can decide whether a partnership is the structure that aligns...

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Choosing the Right Board for Your Florida Nonprofit

Many people dream of running a faith-based business. Whether it is a church, shelter, or some other type of service that helps those in need, our local nonprofit businesses provide invaluable services that simply cannot be provided by the government or private for-profit industry. As a  faith-based law firm in Fort Lauderdale, the Sejour-Gustave Law Firm, PLLC, has helped many local churches and charities develop their strategic plans and business structures. But one thing we cannot do is choose your board for you. So, here are some key considerations when selecting individuals to serve and lead your nonprofit.  What You Need First,...

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Four Things to Know About Starting a Nonprofit Corporation in Florida

In recent years, there has been a notable surge in the creation of nonprofits throughout the country. In Florida, there are specific rules that apply to the creation and operation of a nonprofit corporation. But despite the complex rules and regulation that may apply, starting a nonprofit does not have to be as difficult as it sounds. At the Sejour-Gustave Law Firm, PLLC, we are devoted to helping nonprofits of all sizes get off the ground. We are especially motivated to help religious nonprofits as they navigate the law and ever-changing rules. Here are four things that you need to...

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Saving the Florida Small Business During COVID-19

Since March 2020, COVID-19 has kept much of America on lock-down. With ups and downs along the way, small family-owned businesses have struggled to stay open, while complying with rapidly evolving rules and local mandates. Florida has been a hotspot at times, with higher than normal infection rates, leading to a lot of concerns about extended harm to businesses and the likelihood of the shutdown lasting indefinitely. At The Sejour-Gustave Law Firm PLLC, our attorneys remain devoted to protecting and preserving small businesses in our region, even in these difficult times. Planning for Business Succession Succession planning is always a concern for...

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