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...
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...
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. It can be very frustrating when your employee makes...
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...
Business clients frequently ask if they can structure multiple businesses under one LLC. Generally, yes. However, how you should structure multiple businesses depends on the circumstances and goals you have for your business. Are you a young entrepreneur looking to launch your next venture as a different brand? Are you in the real estate rental business looking to minimize...
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...
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...
Do you have a great skill or a great idea, and you’re ready to start working for yourself? Starting your own business can be the answer that is financially, professionally, and personally rewarding. While coming up with a great business idea is the most important part of your new professional endeavor, you likely need a Florida business license to...
Unlock the benefits of Florida’s Greenbelt Law: a significant tax incentive for agricultural landowners aimed at fostering the state’s agricultural sector. KEY TAKEAWAYS Maximizing Benefits: How The Florida Greenbelt Law Supports Agricultural Property Owners If you are in agriculture, the Florida Greenbelt Law gives you a tax break on your agricultural property. This incentive helps to grow your business...