The good news is you are reading this because you have given serious thought to the legal form of your business. The law offers multiple entity options through which you can operate your business, and choosing the right one now will help you avoid a disruptive and costly conversion in the future. The bad news is that the classic...
The vast majority of business owners use either a corporation or limited liability company (LLC) as the vehicle to operate their business. Because both corporations and LLC extend limited liability and are separate from their owners, they are good business choices. However, business trusts, although a lesser-known option, are an equally good choice. Business trusts fill some unique needs...
A sale of goods contract is one of the most important agreements a business owner can enter into. You may be writing a contract so you can offer your goods and services to customers. Or maybe you’re reviewing a new contract as you make a major purchase. In either situation, understanding what language to include (or keep out) can...
Not so long ago, the go-to model for businesses was the corporation, and more specifically the C corporation. Savvy business owners may have elected the S corporation to add the pass-through tax benefits of a partnership to the limited liability of corporations. These days the go-to business model is the limited liability company (LLC). It unites a partnership-like tax...
Starting your own business is an exciting venture. However, before you really dive in, one of the first things you need to do is decide on what type of business entity you want to form. “Choosing the right form of business entity is one of the first important decisions business owners must make.” Business Attorney Kristi Benson Common entity...
When businesses fail to live up to their financial obligations, those who do business with them can get hurt. Whether you are a vendor supplying the business with materials on credit, or a commercial real estate owner leasing the building within which said business operates, Florida law provides you recourse to get your money back—or at least get some...
Please note this blog post is written for employers, although we understand it may be of interest to employees as well. At this time, our firm only represents business owners and employers. If you need assistance with a legal matter as an employee, please consult a firm that represents employees. As a business owner and employer, you’ve undoubtedly had...
Please note this blog post is written for employers, although we understand it may be of interest to employees as well. At this time, our firm represents business owners and employers. If you need assistance with a legal matter as an employee, please consult a firm that represents employees. If your business has been sued for breach of contract,...
You have formed your Florida corporation and you are starting to get business growth underway. The administrative work does not end when all of the initial paperwork has been submitted and bylaws drafted. “The officers, directors, and shareholders of a corporation are not required to know everything about corporations law, but they are expected to take steps necessary to...
Please note this blog post is written for employers, although we understand it may be of interest to employees as well. At this time, our firm only represents business owners and employers. If you need assistance with a legal matter as an employee, please consult a firm that represents employees. Florida wage and hour law refers to standards and...