2066 – The Power of Proactive Legal Strategies for Small Businesses with Matthew Fornaro

Protecting Your Business: The Importance of Intellectual Property in the Digital Age In the latest episode of our podcast, host Josh sits down with Matthew Fornaro, a seasoned business law attorney and founder of Matthew Fornaro, P.A.. The discussion delves into the critical legal considerations for small and medium-sized businesses (SMBs), emphasizing the importance of a solid legal foundation for business success. This blog post will break down the key insights shared by Matthew, offering actionable advice and thorough explanations to guide entrepreneurs in navigating the legal landscape of business ownership. Matthew Fornaro is introduced as a business law attorney with a focus on litigation (90%) and transactional work (10%). His practice primarily serves small and medium-sized businesses, helping them navigate various legal challenges throughout their business lifecycle. While most of his clients are based in Florida, he also assists businesses across the country. Matthew emphasizes the necessity of having proper legal documents in place for any business. Entrepreneurs often overlook foundational documents in their eagerness to start their ventures. Essential documents every business should have include bylaws, operating agreements, contracts, rental agreements, and licensing agreements. A key theme in Matthew's advice is the necessity of assembling a team of professionals to support business operations. Entrepreneurs should seek out a business law attorney, an accountant, and other specialists to ensure that all aspects of the business are managed effectively. This collaborative approach helps businesses navigate challenges more efficiently and positions them for success. Matthew encourages business owners to be proactive in their legal planning, including having an employee handbook, insurance, and compliance with regulations. By establishing these foundational elements, businesses can better manage potential issues before they escalate. About Matthew Fornaro: Matthew Fornaro has been a business law attorney serving South Florida, including Coral Springs and Parkland, since 2003. Prior to starting his own law firm, he was an attorney at a 300+ attorney civil practice law firm that served local, national, and international clients, and was also an attorney at a prestigious national law firm. Matthew practices complex commercial litigation, including contract disputes. Matthew, a member of the Florida Bar and District of Columbia Bar, also practices construction law, intellectual property law, homeowner and condominium association representation, and drafts and revises of business documents, including the formation of business organizations. Matthew assists new business owners in choosing and drafting all legally required documents. Matthew is involved in mentoring new attorneys, as both a graduate and instructor of the Kaufman Foundation’s FastTrac NewVenture Program, presented by the Broward County Office of Economic and Small Business Development and the City of Hollywood, as well as a graduate and instructor for the Florida State University College of Business Jim Moran Institute for Global Entrepreneurship Small Business Executive Program. As a small business owner himself, Matthew is proud of his representation of businesses in our community and is also available to assist in all transactional and litigation needs. Apply to be a Guest on The Thoughtful Entrepreneur: https://go.upmyinfluence.com/podcast-guest Links Mentioned in this Episode: Want to learn more? Check out Matthew Fornaro, P.A. website at https://fornarolegal.com/ Check out Matthew Fornaro on LinkedIn...