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Why You Should Have an Attorney Review Construction Contracts 

Entering into a construction contract without the guidance of a lawyer can have major consequences. The following information applies to you if you are: A general contractor being presented a contract by an owner or owner rep A subcontractor being presented a contract by a GC A sub-subcontractor or anyone else being presented a contract by someone up the “payment chain” Why is this so important? At Portuondo Law Read More

Do You Know What You’re Asking For? Performance vs. Payment Bonds

Do you know the difference between a performance and payment bond? If you think they’re the same thing and you’re a Florida general contractor, you need to read this blog. Trust us, it’s for your own good! Performance and payment bonds are two types of construction bonds put in place to ensure that certain contingencies are covered, but that’s where the similarity ends. Unfortunately, they’re often confused or, Read More

Think Networking Is Awkward or Boring? This Post Is for You!

Networking is an essential part of growing your business. It gives you the opportunity to generate leads, impress investors, and access mentors whose advice can take your company to the next level. Unfortunately, some small business owners don’t take full advantage of the benefits that networking represents because they think it is too intrusive or one of the more mundane aspects of running a business. They’re too Read More

Contractors: Want to Get Paid? Don’t Lose Your Lien Rights…

You’re a Florida contractor, and you don’t work for free, but try telling that to project owners who don’t pay your invoices. If you’ve preserved your mechanic’s lien rights, these owners have a lot to lose by ignoring you, starting with the property you built or improved. On the other hand, if you haven’t protected your claim, you lose your lien rights, which are your greatest leverage.  When you’re working on a Read More

Do You Know the Difference Between Employees and Independent Contractors?

Today, independent contractors account for an estimated one in ten workers. When you’re running a small business, understanding the difference between an employee and an independent contractor is crucial. Misclassifying one as the other can result in serious legal consequences. Below is an overview of the main differences between employees and independent contractors. We also explain how a business law firm can Read More

3 Ways a Business Attorney Can Save You Money

As a small business owner, you may always be looking for ways to cut costs and operate more efficiently. Did you know a business attorney can help you save money? There are several aspects of the business that a business attorney can review, such as contracts and agreements with clients, employees, and vendors. This is known in some circles as a legal audit. To ensure that your business is in the best position to Read More

Construction Law 101: An Introduction to Mechanic’s Liens

When working in the construction industry, it is important to understand what a mechanic’s lien is and how it can be used. To put it simply, this type of lien is the best way to ensure you get paid in full for the work you perform or the materials you provide. In most cases, major construction contracts don’t pay in full up front. To protect yourself, your construction company can file a mechanic’s lien to help Read More

5 Elements You Should Include in Your Employee Handbook

When running a business, you will have to complete a wide variety of different tasks to be successful. If you have employees, one of those tasks needs to be creating and maintaining an employee handbook. This handbook can be an invaluable resource in informing employees of their general obligations, and also letting them know about their rights and benefits. While each company’s employee handbook will be different, Read More

6 Scenarios You Should Address in Your Partnership Agreements

A business partnership is a business entity comprised of two or more owners. The more people you have in your partnership, the more challenging it can be to form a consensus for decision making. This is why it’s so important to have a concrete partnership agreement in place. Although your lawyer will ensure your final partnership agreement is thorough, here are six scenarios to consider and resolve before your Read More

What You Need to Know About Sole Proprietorships in Florida

Deciding which business entity to file under will be one of the more challenging decisions you’ll make before you open your business. One of the types of business entities available in Florida is the sole proprietorship.  Many feel this is the logical choice, especially when running a business on their own. If this fits your description, you will want to learn more about this business entity before you make your Read More