Serving South Florida Since 1974
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...
Even the most successful business can end up struggling if there is a disruption in operations. Few issues are more disruptive than the sudden loss of leadership. Executives, managers and others who help run companies can become incapable of working due to a sudden...
Yes, some people do risk their personal assets when they take out business loans. For instance, maybe you have decided to become a small business owner, but you are starting the company on the side, while still working a traditional job. Your plan is to have the...
Individuals hoping to start their own companies have a variety of options. They can theoretically form a number of different standalone business entities that perform certain services or sell products. Some aspiring entrepreneurs choose to buy into franchise...
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...
When you decide to take your business public, it marks a major milestone. It’s more than just selling shares to outside investors; it transforms how your company operates and how the public sees it. Going public opens doors to new funding, but it also brings new...
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....
Being the sole proprietor of your business can be exciting. You get to make all the decisions on your company’s direction, and your efforts determine whether it succeeds or fails. But the things that make a sole proprietorship enticing are also the ones that can make...
Purchasing an existing business comes with advantages, such as tapping into a new market and establishing an immediate cash flow. While this exciting venture offers rewards, it also comes with risks, including gaining hidden debts and liabilities. As a business owner,...
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...