Serving South Florida Since 1974
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...
Starting a business requires you to think about several things, but it’s almost impossible to think of everything. There are a few considerations that many business owners may overlook when they’re starting a new company. While these might not be at the top of your...
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...
Buying a business is a significant investment, whether you want to grow your portfolio, pursue a passion or step into a new industry. The process can be complex. With the substantial risk involved, it’s essential to think beyond the excitement of ownership and focus...
When drafting or entering into a business contract, it is important to understand the fundamental elements of the contract and their potential impact on your business’s future. However, even a seemingly great contract can create potential loopholes that could be used...
Establishing a sole proprietorship is one of the simplest ways to start a new business. There is minimal paperwork involved and no need to locate business partners or board members to help run the organization. However, sole proprietorships may not be the best option...
Business laws change frequently, and those running companies must ensure they remain compliant with all applicable statutes. As of the first of the year in 2024, there is yet another law that governs businesses without a direct and clear ownership structure....
When thinking of companies, it is often the largest corporations that come to mind. However, the truth is that small to midsize businesses make up the backbone of the U.S. economy. In fact, small businesses account for over 99% of all U.S. firms. Small to midsize...