Serving South Florida Since 1974
Opening a second site can feel like a clean repeat of what already worked. In practice, a new address, new staff and a new lease create a different legal picture. Reviewing entity structure, real estate terms and hiring compliance early can surface problems before a...
Good contracts keep businesses on track. They help manage expectations and allocate responsibilities. But what happens if something goes terribly wrong and one party’s actions lead to financial losses, a third-party claim or a lawsuit? An indemnification clause can...
Starting as a sole proprietor is a common business strategy because its structure is simple and inexpensive. As a business grows, however, the structure that worked in the beginning may no longer offer enough protection or flexibility. If your business has changed...
There are numerous details to address when starting a new business partnership. Each partner may need to explain what they intend to provide for the company and what compensation they hope to receive and exchange. They may also need to discuss profit-sharing and...
Expanding your business can be an exciting step toward growth. It also brings new responsibilities and legal considerations. Regulations and requirements in Florida can vary by county and industry. Careful planning can help you avoid unexpected challenges....
Starting a business is a major undertaking, and it must be handled properly to minimize potential issues in the future. One of the decisions that has to be made early in this process is what type of business structure to use. There are several to choose from, but the...
When you start a business, you must make many decisions, including the selection of an entity or structure. However, as your company evolves, your business needs may change, making your chosen structure unsuitable. Fortunately, Florida does allow businesses to change...
Even with an excellent business idea and a well-defined business plan, you may face significant hurdles getting your new company off the ground. Often, new business owners are looking for funding. They need money upfront to invest in the business, knowing that it will...
When someone decides to start a business, one of the first decisions they have to make is what business structure they’re going to use. For many small businesses, the two primary options are the sole proprietorship and the limited liability company (LLC). A sole...
Selecting a business partner is among the most significant decisions you’ll make as an entrepreneur. A suitable business partner can help improve your skills, carry the workload with you and help you to expand your enterprise. However, a poor partnership can lead to...