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...
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...
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...
Whether you are starting a business with a family member, a friend, or another business-minded professional, creating a shareholder agreement may help protect the future of your company by mapping out the process for resolving potential conflict and defining shareholder rights. Having a shareholder agreement in Florida could make a huge difference for dispute resolution as your business grows...
In most cases, businesses memorialize their professional relationships with written contracts. In others, however, the parties may forego a written contract, whether for convenience or because the parties are familiar with one another. Unfortunately, even the best of business relationships can go sour, and when they do, these non-contractual agreements can leave one party in a bad position. To...
Selling a business you’ve poured your blood, sweat, and tears into can be just as exciting as starting a business. After all, it’s proof that all your hard work paid off. Or course, selling a business in Florida isn’t a decision that should be taken lightly. Considering the state of your business and what you’ll do next will better...
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. Almost all businesses will involve and contain certain confidential...